Kia India, on Monday, announced that it will pass on the complete benefit of the recent Goods and Services Tax (GST) reduction to customers across its entire ICE portfolio, effective 22 September 2025.
The food-processing sector has been a major beneficiary of the recently announced rationalisation of GST rates, with most products witnessing a decline to a 5 per cent GST slab.
The recent changes in Goods and Services Tax (GST) rules for the food services sector are expected to have a mixed impact, with food delivery platforms facing higher costs while Quick Service Restaurants (QSRs) stand to benefit from tax reductions, according to a report by Bernstein.
Speaking to ANI on Sunday, Tharoor said the Congress party has been demanding changes in the Goods and Services Tax (GST) rate slabs for several years.
"Now it is the duty of every trader to pass on each rupee of relief to the consumer, turning reforms into ease of living, greater demand and a more prosperous economy. This is the Modi Government's call. It is a call for fairness, for growth and for every family in India to feel the benef
Communist Party of India (CPI) General Secretary D Raja alleged that Goods and Services Tax reforms were announced to hoodwink people ahead of the elections in Bihar this year and several other states going to polls next year.
Congress National President, Mallikarjun Kharge on Sunday alleged US President Donald Trump's "pressure is mounting" and the Union Government made the Goods and Service Tax reforms when the elections are close.
Samajwadi Party (SP) president Akhilesh Yadav on Sunday criticized the Centre's recent Goods and Services Tax (GST) reforms, terming them inadequate to address inflation and accusing the government of enabling select groups to profit under the guise of the tax regime.
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.
The House Select Committee on China issued an investigative report stating that under the Biden administration, the Defence Department, along with long-time career officials, has permitted significant research collaborations with defence entities linked to the Chinese Communist Party while u
From real estate and electric mobility to corporate transportation and tax advisory services, the impact of these changes is expected to be wide-ranging.
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.