Tag: gst
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…
Budget 2026: Sitharaman & Co will be counting every rupee on the road to Viksit Bharat 2047
Budget FY27 expectations: When global rating agency Moody’s flagged concerns over India’s fiscal strength around Budget 2025, Finance Minister Nirmala Sitharaman pushed back firmly. “Not…
Budget 2026: A top-up on tax reforms can shore up consumer confidence
India’s economy continues to demonstrate robust resilience, with domestic consumption serving as its strongest growth driver. As the Union Budget 2026 draws near, policy discussions…
From GST to tariffs, for insurance sector, it’s been a year of reset, realignment and renewed focus
As calendar year 2025 comes to a close, the Indian insurance sector stands at a transformative juncture. This year has brought sweeping changes, from GST…
GST compensation cess on tobacco to end on Feb 1; new laws notified| Business News
NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods…
Record agri output in 2025 amid GST cuts, US tariffs; seed, pesticide bills eyed for 2026
New Delhi, India’s agriculture sector closed 2025 with a projection of record foodgrain output surpassing last year’s 357.73 million tonnes (MT) despite US tariffs disrupting…
A step forward: 83 GSTAT members allotted benches
NEW DELHI: The finance ministry has allotted benches to 83 newly appointed members of the Goods and Services Tax Appellate Tribunal (GSTAT), a key step…
Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…
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…
‘Reforms are driving demand, capacity use’: Ficci President Anant Goenka
Driven by strong macro fundamentals and reforms, India‘s economy is expected to expand more than 7% in fiscal 2026, new Ficci president Anant Goenka said….