Tag: goods and services tax
At 7.8%, December IIP growth zooms to over two-year high
New Delhi: India’s industrial output climbed to a 26-month high of 7.8% year-on-year in December, driven by manufacturing activity, goods and services tax (GST) rationalisation…
India’s fiscal, monetary policies to support consumer demand revival in FY27 amid global uncertainties: HSBC
New Delhi: Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27,…
GJEPC seeks duty cuts and policy reforms to boost gem and jewellery exports
The Gem & Jewellery Export Promotion Council (GJEPC) has sought duty rationalisation, SEZ reforms, customs simplification, tax reforms for exporters, support for lab-grown diamonds, and…
Godrej Consumer expects double-digit growth in Q3 on easing GST 2.0 disruptions| Business News
Godrej Consumer Products Ltd. has guided for double-digit growth in October-December as disruptions brought on by GST reforms eased. Godrej Consumer Products retails FMCG goods,…
GST collection grows 6.1% in December 2025 as rate-cut impact shows| Business News
India’s GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India’s net GST revenue,…
India is past Japan. What will it need to overtake Germany?
India’s emergence as the world’s fourth-largest economy is a landmark shift in the global economic hierarchy. According to the Press Information Bureau’s recent release “2025:…
Going full steam: India’s industrial output scales 2-year peak, rises 6.7% in Nov
New Delhi: India’s industrial output surged to the highest in more than two years in November, buoyed by a sharp rebound in manufacturing as demand…
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco
Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…
November GST mop-up grows slowest in fiscal due to rates revamp
New Delhi: India’s gross goods and services tax (GST) collection increased a modest 0.7% year-on-year in November to ₹1.70 lakh crore, the lowest so far…
India’s Industrial output at 14-month low in October
New Delhi: India’s industrial output fell to a 14-month low of 0.4% year-on-year in October from 4.6% in September, as the impact of the goods…