Tag: GST 2.0
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…
Trump’s tariff pains, Modi’s GST relief: Govt gives a reform armour to every Indian
When US President Donald Trump doubled tariffs on Indian goods to 50%, concerns rippled through India’s export sectors. Economists warned of slower GDP growth, potential…
With GST 2.0, Govt’s focus shift from capex oriented spending to consumption-led growth: Report
The government’s announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country’s economic strategy. According to a…
GST 2.0: Biggest gainers and losers of the new tax regime
Finance Minister Nirmala Sitharaman on Wednesday unveiled tax cuts for hundreds of consumer items, from soap to electronics. India will now have two major slabs…
GST 2.0 is here—4 immediate steps businesses can’t afford to miss
As India approaches a pivotal phase in its tax reforms, the announcement by Prime Minister Narendra Modi on Independence Day this year (August 15, 2025)…
How GST 2.0 can transform the MSME sector
Micro, Small and Medium Enterprises (MSMEs) are essential for India’s economic growth, creation of employment and supporting large industries with cost-effective solutions. Over the years,…
GST 2.0: Paving the way for India’s trade and economic growth
The Economic Survey 2023-24 highlights the crucial role of indirect taxes in India’s economic framework. In FY24, gross GST collections soared to Rs 20.18 trillion,…