Search For "tax structure"
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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Cigarette volumes expected to fall as new duty takes effect: Crisil Rating
Updated : 1 month, 2 weeks ago IST
Crisil Ratings reports that the domestic cigarette industry is preparing for a 6-8 per cent volume reduction in the next fiscal year. This follows the imposition of additional excise duties and an increase in GST rates effective February 1. Under the new tax structure, the compensation ce
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GST 2.0 played key role in supporting domestic consumption, economic growt
Updated : 2 months, 3 weeks ago IST
The impact of GST 2.0 was reflected quickly in tax collections and consumption indicators. Gross GST collections rose to Rs 1.96 trillion in October 2025, registering a 4.6% year-on-year increase, after the new tax structure came into effect.
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One Nation, One Tax made tax structure across nation simpler and more tran
Updated : 3 months, 2 weeks ago IST
Lok Sabha Speaker Om Birla on Thursday observed that reforms in direct and indirect taxes, along with the "One Nation, One Tax" GST framework, have made the nation's tax structure simpler and more transparent, contributing to India's growth and prosperity.
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How Will the GST Tax Reforms Affect the Common Man?
Updated : 4 months, 3 weeks ago IST
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
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GST rationalisation to boost consumption growth: Finance Ministry
Updated : 5 months, 1 week ago IST
"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,
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Traders, locals from Kashmir thank PM Modi for GST reforms, call it big re
Updated : 5 months, 1 week ago IST
Locals and traders from Kashmir have expressed gratitude to Prime Minister Narendra Modi for the recent GST reforms, calling them a major relief for businesses and the local economy.
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"Historic decision": BJP MP Jagdambika Pal hails GST reforms
Updated : 5 months, 1 week ago IST
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, has come into effect from today. The current four-rate system has been replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent sl
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"This will provide significant relief to middle class": BJP's Tarun Chugh
Updated : 5 months, 1 week ago IST
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, took effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent slab has been r
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"Why didn't they think about this 7 years ago?": Congress' Bhupendra Hooda
Updated : 5 months, 1 week ago IST
The GST 2.0 reforms, which the Union Government approved on September 4, have been implemented from today.
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"When did Opposition ever talk about reforms?" Gajendra Singh Shekhawat
Updated : 5 months, 1 week ago IST
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, is set to come into effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent
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Which sectors will gain from new GST reforms beginning from Monday?
Updated : 5 months, 1 week ago IST
The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare, and education. The measures, announced after the 56th meeting of the Council chaired by Union Finance Ministe
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