Category: GST
gst rate cuts india: Why GST rate cuts reduced prices for consumers even without anti-profiteering laws – The Economic Times Video
The recent GST rate cuts have drawn widespread attention, but their real impact goes beyond simple numbers. This session with MS Mani, Partner, Indirect Taxes,…
GST reforms to yield Rs 1.5 lakh crore in savings for renewable energy sector: Pralhad Joshi
Speaking on the impact of goods and services tax (GST) reforms across various sectors, including renewable energy, Pralhad Joshi, Minister of Consumer Affairs, Food and…
Tax clarity, global competitiveness: How GST 2.0 delivers for exporters
The Goods and Services Tax (“GST”) has remained a cornerstone of India’s economic reform agenda, progressively evolving to balance the twin imperatives of revenue stability…
Carpet industry welcomes GST compliance ease, but raises concerns over tax on finished products
Manufacturers of handmade carpets and floor coverings have welcomed the recent reduction in the Goods and Services Tax (GST) rate from 12% to 5%. They…
GST 2.0: Reforms to propel MMF industry; sub-Rs 2,500 retail segment poised for growth
The textile industry has welcomed the recommendations of the 56th GST Council meeting, held in New Delhi on September 3, describing them as a timely…
GST rationalisation in textiles to remove distortions, support exports
NEW DELHI: The rationalisation of GST rates for the textile sector is expected to reduce costs, support exports, sustain jobs and stimulate domestic consumption to…
A spoonful of policy change: Why a lower tax slab for ghee under GST 2.0 is good for hearts, homes, and farmers
As an increasing number of people seek to adopt healthier lifestyles, essential ingredients such as ghee are once again becoming staples of many diets. A…
GST 2.0 is here—4 immediate steps businesses can’t afford to miss
As India approaches a pivotal phase in its tax reforms, the announcement by Prime Minister Narendra Modi on Independence Day this year (August 15, 2025)…
Easing working capital under GST: Unlocking the value of accumulated ITC in GST 2.0
As India commemorates eight years of GST, the business community is increasingly vocal about the need for reforms that enhance working capital efficiency. Reflecting on…
GST rate rationalisation: Is there a second wind coming?
The Government has always blown hot and cold whenever the topic of Rate Rationalisation in Goods and Service Tax (GST) has come about. From an…