Category: Economy
Govt says GST rate cut to make fisheries sector more competitive
GST rate cut would make the fisheries sector more competitive in both the domestic and export markets, the government said on Thursday. “The significant tax…
GST collections may dip initially, but festive demand will offset: CBIC chief
The Central Board of Indirect Taxes and Customs (CBIC) indicated on Thursday that Goods and Services Tax (GST) collections could see a temporary dip in…
GST 2.0 to unleash consumption, cushion India’s economy from US tariff headwinds: India Inc
The GST rate rationalisation is set to kick off a cycle of growth for India’s economy, driven by a major consumption boost, and provide much-needed…
‘GST reforms not correlated to Trump tariffs’: Sanjeev Sanyal clarifies – The Economic Times Video
PM’s Economic Advisory Council member Sanjeev Sanyal explains the thought process behind the sweeping GST reforms. Effective September 22, GST rates and slabs have been…
In order to keep prices in check, NCCF begins selling onions from vans in Mumbai at just Rs 24
As part of an initiative of the Union government, the National Cooperative Consumers’ Federation of India (NCCF) started selling onions through mobile vans in Mumbai…
Roti, kapda aur makan: The firepower India’s common man got as Diwali gift
Once branded the “Gabbar Singh Tax” for its sting on wallets, GST has gone through a much needed makeover and this time, it’s playing hero…
GST cuts on farm inputs, dairy products ‘big Diwali gift’ for farmers: Agri industry
Industry leaders across agriculture and dairy sectors on Thursday welcomed the government’s decision to reduce GST rates on key agricultural inputs and dairy products, calling…
GST: Once branded Gabbar Singh Tax, it turns out to be Good and Simple Tax
In 2017, nearly four months after the Goods and Services Tax came into effect, Rahul Gandhi, the Congress vice-president, criticised the GST, calling it BJP’s…
India plans $125 billion push to boost high-speed road network
India plans to expand its high-speed road network fivefold within a decade, investing Rs 11 lakh crore ($125 billion) to modernize infrastructure and slash logistics…
Centre launches subsidised onion sale at Rs 24/kg in Delhi, Mumbai, Ahmedabad
The Centre on Thursday kick-started subsidised sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad to make the key kitchen staple…