Tag: GST 2.0
Tax clarity, global competitiveness: How GST 2.0 delivers for exporters
The Goods and Services Tax (“GST”) has remained a cornerstone of India’s economic reform agenda, progressively evolving to balance the twin imperatives of revenue stability…
GST 2.0 to boost housing sector, small-scale enterprises: Mines Ministry
The new GST rates and slabs for items related to the mining sector, including marble and granite will have a positive impact on the housing…
GST reforms not linked to Trump tariffs, clarifies Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) reforms were planned well in advance and not a reaction to the…
IESA hails GST 2.0, terms it a step forward to meet India’s energy storage needs
Industry body India Energy Storage Alliance (IESA) on Monday hailed the new tax regime under GST 2.0, saying it marks a significant step forward in…
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess…
Nirmala Sitharaman flags GST 2.0 as final piece in big tax reforms, says overhaul was driven by affordability & Aatmanirbharta
Finance minister Nirmala Sitharaman told Deepshikha Sikarwar, Vinay Pandey & Sruthijith KK in an interview that the big-ticket taxation reforms on her agenda have been…
GST 2.0: Reforms to propel MMF industry; sub-Rs 2,500 retail segment poised for growth
The textile industry has welcomed the recommendations of the 56th GST Council meeting, held in New Delhi on September 3, describing them as a timely…
GST rationalisation in textiles to remove distortions, support exports
NEW DELHI: The rationalisation of GST rates for the textile sector is expected to reduce costs, support exports, sustain jobs and stimulate domestic consumption to…
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…
Roti, kapda aur makan: The firepower India’s common man got as Diwali gift
Once branded the “Gabbar Singh Tax” for its sting on wallets, GST has gone through a much needed makeover and this time, it’s playing hero…