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India's apparel export outlook revised to negative from stable, apparel ex
Updated : 5 months, 2 weeks ago IST
The outlook for the Indian apparel export industry has been revised to Negative from Stable by rating agency ICRA, following the upward revision in tariff rates by the US.
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Opposition called it 'Gabbar Singh' Tax: BJP's Jagdambika Pal targets oppo
Updated : 5 months, 2 weeks ago IST
The BJP leader hailed the GST reforms and highlighted the government's decision to provide relief on medicines and essential goods. He said the reforms would strengthen India's economy.
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Hyundai vows to pass on GST benefits to car buyers from Day 1
Updated : 5 months, 2 weeks ago IST
Hyundai Motor India (HMIL) vowed on Sunday that it will pass on the complete benefit of the recent GST rate reduction on passenger vehicles to its customers right from Day 1, i.e. September 22, the date the revised GST rates come into effect.
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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Cri
Updated : 5 months, 2 weeks ago IST
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs, the report added.
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New GST rates, coming into effect this Navratri, to boost economy: Ashwini
Updated : 5 months, 2 weeks ago IST
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
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GRB Dairy Foods Welcomes GST Reform
Updated : 5 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], September 6: GRB Dairy Foods, one of India's most trusted names in dairy and traditional food products, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The company views this reform as a pivotal move to
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USIBC lauds India's GST reforms, calls it a boost for business and investm
Updated : 5 months, 2 weeks ago IST
In a statement, USIBC praised the rationalisation of GST slabs and reduction in tax rates across key sectors, including food, healthcare, life-saving drugs, renewable energy, and electronics.
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FM Nirmala Sitharaman explains motive of GST reforms, says "focus will be
Updated : 5 months, 2 weeks ago IST
Union Finance Minister Nirmala Sitharaman on Friday announced that the foremost priority of the government is to ensure that the benefits of the GST tax reforms reach all the common people of the country.
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FM Nirmala Sitharaman explains motive of GST reforms, says "focus will be
Updated : 5 months, 2 weeks ago IST
Terming the GST reforms as a "big vigilance" exercise, the Union Minister mentioned that the government has a lot of work after September 22 and expressed confidence that the benefits of the GST reforms will reach the common people.
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GST on Cement Slashed to 18 percent; Marks a Win-Win for Real Estate Devel
Updated : 5 months, 2 weeks ago IST
Delhi NCR [India], September 5: The GST Council has rationalised tax rates into a simplified two-slab structure of 5% and 18%. Among the most impactful changes is the reduction of GST on cement from 28% to 18%, a move expected to significantly lower project costs and drive growth in real es
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Construction cost for real estate sector to decline by 3.5-4.5% because of
Updated : 5 months, 2 weeks ago IST
Rationalisation of tax rates on construction material is expected to cut the construction cost for the real estate sector by 3.5 to 4.5 per cent, according to a report by Crisil Intelligence. The government has announced to cut GST rates on cement, marble, granite, sand, bricks, etc substant
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"GST should either be zero-rated or have single uniform rate": Congress's
Updated : 5 months, 2 weeks ago IST
The Congress leader further added that the tax department should function in a people-friendly manner.
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