Tag: consumption boost
GST reforms to aid consumption, boost private capex: Assocham President Sanjay Nayar
The recent goods and services tax (GST) relief, on top of the income tax breather this year, may offer private firms what they want in…
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…
Spurt in consumption to drive revenue buoyancy, to meet fiscal deficit target of 4.4%: Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs…
GST reforms transformative, will ensure tax certainty: CBIC chief
The goods and services tax (GST) reforms proposal announced this week will be ‘transformational’ for India’s indirect tax system, Central Board of Indirect Taxes and…
GST 2.0: Govt to monitor GST rate cuts to ensure relief reaches common man: Minister
The finance ministry, in coordination with other ministries, will closely monitor the implementation of the reduced goods and services tax (GST) rates to ensure that…