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.
The Indian agriculture sector has hailed the restructuring of Goods and Services Tax (GST), as the Indian Rice Exporters Federation (IREF) on Saturday said that the reform will help the farmers due to the enhanced demand.
Union Minister Nityanand Rai hailed the reforms in the Goods and Services Tax (GST) and said that the poor people, farmers, labourers, and the middle class will benefit from the tax cuts.
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.
The new measures will ensure faster and more transparent delivery of services, easing financial stress. Importantly, these benefits will reach the maximum number of personnel without imposing any additional financial burden, as the adjustments have been made through internal fund realignment
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
In a move set to benefit apple growers in Himachal Pradesh, Adani Agri Fresh Ltd has announced higher procurement prices for this year's apple season, offering 12.5% more than last year.
Bengaluru (Karnataka) [India], August 25: Flipkart, India's homegrown e-commerce marketplace, announced the launch of Flipkart Black, a premium subscription program, evolving from the existing VIP subscription program, which offers an impressive suite of shopping and other lifestyle benefits
Indian Space Research Organisation (ISRO) Chairman V Narayanan on Friday addressed the inaugural session of the National Meet 2025, calling it a landmark step in expanding space applications to benefit citizens at the grassroots level.
He claimed that in Bihar, credible reports have emerged indicating that a large number of living voters have been falsely marked as deceased and consequently deleted from the rolls.
In the Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi announced upcoming next-gen GST reforms before Diwali so as to benefit consumers, small industries and MSMEs.
This came after a press conference held by Rahul Gandhi on August 7, where he claimed that the 2024 Lok Sabha elections were "choreographed" by the EC to benefit the BJP, which he said appeared "immune to anti-incumbency."