Tag: gst
GST cut hasn’t triggered any immediate demand shift: CCL Products’ Praveen Jaipuriar
The cut in goods and services tax (GST) has impacted CCL Products (India), a major player in the coffee industry, in two distinct ways. On…
Sustaining festive season demand trend to depend on broader economic condition: ICRA
Festive season trends point to a rebound in demand, especially for consumer durables, as GST rate cuts have eased the tax burden for consumers, but…
Private sector activity hits 6-month low in November
India’s private sector activity fell to a six-month low of 59.9 in November from 60.4 in October, as slowdown in manufacturing offset improvement in services…
The Great Indian inflation bust
India’s retail inflation plunging to 0.25 percent in October 2025 has created a moment of unusual macroeconomic clarity and complexity at the same time. The…
Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…
Sales glut pips tax cut as GST mop-up keeps rising
Gross collections of goods and services tax (GST) rose 4.6% on-year to Rs 1.95 lakh crore in October, reflecting robust local consumption that helped offset…
GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cuts
Goods and Services Tax (GST) collection rose 4.6% in October, amounting to Rs 1.96 lakh crore, compared to Rs 1.97 lakh crore in October 2024,…
Govt to allocate gold quota under trade pact with UAE through bidding process
The government on Wednesday said the allocations of tariff rate quota (TRQ) for gold under the free trade agreement between India and the UAE will…
Slowdown in India’s industrial output in H1FY26 will be offset in H2FY26 by GST reforms and festive boost: Report
The slowdown in India’s industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and…
Bright spot: Manufacturing, festive push keep factory output steady at 4% in September
New Delhi: India’s industrial output remained steady in September, easing slightly to 4% from 4.1% in August, driven by the manufacturing sector amid slowing mining…