Search For "rationalisation"
Himachal govt saves Rs 6.72 crore annually through power load rationalisat
Updated : 4 months, 1 week ago IST
The Himachal Pradesh Government has achieved an annual saving of Rs. 6.72 crore by rationalising the Contract Demand (Load Capacity) of electricity connections provided to various government buildings across the State in the first phase
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GST numbers post rate cut reflect sustained consumer demand in October: Go
Updated : 4 months, 1 week ago IST
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 per cent rise from Rs 1,87,346 crore collected in the same month last year, according to a government release. The increase reflects strong consumer spending and trade activity, parti
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GST revenue in FY26 to exceed budget estimates, says SBI Research
Updated : 4 months, 1 week ago IST
The Goods and Services (GST) revenue for the Financial Year 2026 (FY26) will still be higher than budgeted collections, says SBI Research.
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Budget 2026: PHDCCI seeks more tax rationalisation, incentives for manufac
Updated : 4 months, 2 weeks ago IST
The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its pre-Budget memorandum for the Union Budget 2026-27, urging the government to adopt a series of direct tax reforms, among others, aimed at bolstering manufacturing, innovation, and taxpayer compliance.
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Domestic demand environment favourable, trade deal with US could improve e
Updated : 4 months, 2 weeks ago IST
India's domestic demand environment remains favourable, supported by GST rationalisation and strong infrastructure spending, even as global trade uncertainties pose challenges, according to a report by ICICI Securities.
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Slowdown in India's industrial output in H1FY26 will be offset in H2FY26 b
Updated : 4 months, 2 weeks ago IST
The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season, and lower inflation, according to a report by Bank of Baroda.
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India's economy poised for strong FY26 growth amid policy reforms and stab
Updated : 4 months, 2 weeks ago IST
India's economy continues to gather pace, with recent government reforms and monetary measures expected to sustain growth momentum while keeping inflation in check, according to the Monthly Economic Review for September 2025 released by the Department of Economic Affairs, Ministry of Finance
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Trump tariffs to dent India leather industry revenue 10-12% current fiscal
Updated : 4 months, 3 weeks ago IST
Faced with US tariffs, India's leather and allied products industry are expected to see revenue decline 10-12 per cent this current fiscal, according to Crisil Ratings.
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India's festive spending peaks with Rs 5.40 lakh crore in goods, Rs 65,000
Updated : 4 months, 3 weeks ago IST
Sales of Rs 5.40 lakh crore in goods and Rs 65 thousand crore in services across the country marked India's highest-ever Diwali season turnover, underscoring a historic surge in retail trade and consumer spending during the 2025 festive season.
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GST rationalisation to boost organised apparel retail revenue growth by 20
Updated : 4 months, 3 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.
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GST reforms spark festive sales surge, say Union Ministers
Updated : 4 months, 3 weeks ago IST
Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Electronics & IT Minister Ashwini Vaishnaw on Saturday hailed the recent GST rate rationalisation as a major driver of economic momentum during this year's festive season.
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GST cuts and festive cheer drive surge in housing demand; Tier-2 and Tier-
Updated : 4 months, 4 weeks ago IST
India's housing market is witnessing renewed optimism ahead of the festive season, fuelled by recent Goods and Services Tax (GST) reductions on key construction materials. The rationalisation of GST rates on cement, marble, granite, and bricks is estimated to lower construction costs, giving
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