Tag: gst council
RBI sees GST reforms, policy measures driving consumption, business ease and growth optimism for H2 FY26
The tax reforms and policy push should lay a foundation for a sustained consumption demand side while boosting ease of doing business in the supply…
New GST rates: You missed the cheaper deal that may not return soon
With the middle-class strata of India all set to hit the markets this Diwali, the government had a different plan for the richer counterparts under…
Which sectors will gain from new GST reforms beginning from Monday?
The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare,…
New GST reforms set to inject Rs 2 Lakh Cr into economy: Finance minister Sitharaman
New Delhi: The recent goods and services tax reforms will help pump in ₹2 lakh crore into the economy, finance minister Nirmala Sitharaman said on…
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 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…
GST Council eases rules on credit notes, relief for FMCG players
The GST Council has given relief to businesses, particularly fast-moving consumer goods companies, by removing the rule that required credit notes to be linked with…
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…
Spurt in consumption to drive revenue buoyancy, to meet fiscal deficit target of 4.4%: Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs…
GST Council’s decision to simplify tax structure will make taxation more ‘transparent’: IOB
The GST council‘s decision to simplify the tax structure would make taxation more ‘transparent’ and boost consumption over 8-10 per cent in rural markets, a…