The Federation of Indian Chambers of Commerce and Industry (FICCI) has set out its key expectations from the Union Budget 2026-27, calling for faster tax appeals, simpler TDS rules, clarity for cross-border supply chains and targeted customs facilitation to cut delays and disputes.
Bengaluru (Karnataka) [India], October 24: The Goods and Services Tax (GST) has been a game-changer in India's taxation system since its rollout in 2017. After almost two decades of deliberation and planning, the country adopted a unified tax structure aimed at simplifying the complex web of
Mumbai (Maharashtra) [India], October 4: Due to the additional payment of GST on the premium, many travellers delay the purchase of the travel insurance since it appears to be the primary expense. They think purchasing later will be less expensive.
"More importantly, measures to simplify the GST registration mechanism, particularly for small suppliers making supplies through e-commerce operators and an easier refund mechanism, are expected to lower input costs and improve liquidity for companies, while giving a thrust to Make in India,
Indian households are set to benefit from tax savings of up to 27 to 30 per cent under the new GST 2.0 regime, according to a report released by the Federation of Indian Chambers of Commerce and Industry's Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICC
"Bookings, which earlier used to be around 10,000, are now at the level of 18,000 per day. In small cars also, we are seeing very good traction in terms of bookings. An interesting part is that beyond 100 cities, the response is even better. The bookings have almost doubled-100 per cent g
"When GST was implemented, the entire Opposition had pointed out that it would destroy the small and medium-scale industry and affect the growth rate, and there would be a rise in inflation. GST was imposed on the country for 8 years. Today, the BJP should accept that they had made a mistake
The Union Minister said, "On the occasion of the first day of Navratri, I got the opportunity to interact with the shop owners and traders of Amar Colony. I have congratulated them and I have delivered PM Modi's message to them. The shop owners have accepted the Next Generation GST reform
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
Hyderabad (Telangana) [India], September 22: Vicat In India, through its subsidiaries Bharathi Cement Corporation Limited and Kalburgi Cement Private Limited, warmly welcomes the Government of India's landmark decision to reduce the Goods and Services Tax (GST) on cement from 28% to 18% with
BJP MP K Laxman led a 'Dhanyavaad Modi Ji' padayatra in Hyderabad, calling the GST slab reduction a festive gift from PM Modi and urging traders to support its implementation.
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.