Tag: GST cuts
Posted in Economy
No tax cut, but luxury goods cos hopeful of indirect gains
Makers of luxury goods, jewellery, high-end bikes and premium chocolates, which will attract the same or slightly higher goods and service tax rates, are increasing…
Posted in Economy
Festive demand, GST cuts likely to cushion tariff impact: Bankers
Mumbai: Increased domestic demand during the ongoing festive season, aided by goods and services tax (GST) rate cuts, could boost the prospects of US tariffs-hit…
Posted in Economy
GST cuts: Structural reform, not stimulus
The Goods and Services Tax (GST) Council’s recent decision to rationalise slabs and cut rates has been widely celebrated as if it were a stimulus…
Posted in Economy
Tax tweak to tame CPI by 50-90 bps
Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the goods and service tax cuts…