Search For "tax reduction"
AIDA seeks GST cut on flex-fuel vehicles, expansion of ethanol dispensing
Updated : 1 month ago IST
India's distillery industry has urged the government to cut goods and services tax (GST) on flex-fuel vehicles to boost ethanol consumption, as the country faces a surplus of ethanol after achieving its 20% blending target well ahead of schedule, Bharati Balaji, Director of the All India
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Union Budget 2026 signals strong momentum for India's travel and tourism s
Updated : 1 month, 1 week ago IST
One of the most impactful announcements for the sector is the reduction in Tax Collected at Source (TCS) on overseas tour packages to a flat 2%. By easing the upfront financial burden on travellers, this policy is set to enhance affordability, encourage outbound travel, and stimulate dema
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Tax should be reduced on essential commodities: Odisha women express hopes
Updated : 1 month, 1 week ago IST
Speaking to ANI, Maitri, a female entrepreneur, expressed her hopes for tax reductions on everyday essentials such as gas burners, purifiers, etc. She also highlighted the need for an effective tax structure, stating that women-led businesses should be "tax-free" to create more opportunit
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Auto sector to see demand recovery over next 2-3 years: Report
Updated : 3 months, 2 weeks ago IST
The domestic auto sector may witness a demand cycle recovery over the next two to three years, supported by strong macroeconomic stimulus measures such as the upcoming Pay Commission salary revision, income-tax rate reduction, and interest rate cuts, highlighted a report by Incred Research.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 4 months, 4 weeks ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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"Big gift for every section": UP Minister Jaiveer Singh on next-gen GST re
Updated : 5 months, 1 week ago IST
Speaking to ANI, Singh said, "Before Diwali, Prime Minister Modi gave a big gift by reducing the GST rates. This is a big gift for every section and people are very happy...India will become the Vishwaguru and Viksit Bharat by fulfilling the vision of Atmanirbhar Bharat on the strength of it
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"People know tax was increased eight years ago and now they have slightly
Updated : 5 months, 1 week ago IST
Congress leader Pramod Tiwari on Tuesday targeted the government over its campaign concerning GST reforms and said people know that they had to bear "increased GST" for eight years, and it has been partially reduced on some products now.
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"Families will be able to save a lot of money": Delhi Hajj Committee chair
Updated : 5 months, 1 week ago IST
"After the new changes, families will be able to save a lot of money. There will be a tax reduction on daily-use items, which will help the customers and shopkeepers. PM Modi has also appealed to adopt 'Swadeshi' products. We should use products made in India in our daily lives and also duri
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GST 2.0 reforms not just a policy tweak, it makes daily life easier on poc
Updated : 5 months, 1 week ago IST
The latest GST reforms, rolled out on Monday, are not just a routine policy change but a move that experts say will make daily life easier on the pocket.
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GST bachat utsav: car showrooms in Chennai pass on tax benefits to consume
Updated : 5 months, 1 week ago IST
According to the showroom's manager, Sivaraj, around 2 thousand cars have already been booked in September due to the reduction in slabs.
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"Poor and middle class will greatly benefit": Consumers in UP hail GST ref
Updated : 5 months, 1 week ago IST
One of the consumers stated that reducing the GST slabs would greatly benefit the poor and middle class.
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