Tag: gst

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Posted in Economy

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…

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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…

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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,…

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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…

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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…

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Posted in Economy

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…

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Posted in Economy

October business activity eases to five-month low as services slow down

Growth in India’s private sector eased to a five-month low in October amid a slowdown in the services economy, even as the drag from US…

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Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us….

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Retail inflation expected to decline on high base and GST reform impact in October: Report

India‘s retail inflation is expected to decline further in October 2025, driven by a high base effect, delayed seasonality in food prices, and the full…

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GST 2.0 benefits reaching 'aam aadmi': FM Sitharaman presents report card - The Economic Times Video
Posted in Economy

GST 2.0 benefits reaching ‘aam aadmi’: FM Sitharaman presents report card – The Economic Times Video

GST Meeting Updates: Weeks after the GST 2.0 implementation, Finance Minister Nirmala Sitharaman, along with Commerce & Industry Minister Piyush Goyal and Information & Broadcasting…

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