Tag: GST rate cut
India in a ‘sweet spot’, GDP growth to top 7% this fiscal year: FICCI President
India is “in a sweet spot” to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on…
India’s trade deficit widens to a record as exports show impact of US tariffs| Business News
India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while…
India’s retail inflation rate falls to a record low of 0.25% in October 2025 after GST rate cuts| Business News
India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts….
Direct & indirect tax cuts will improve savings rate in India: Chief Economic Advisor V. Anantha Nageswaran
The direct and indirect tax cuts will improve the savings rate in India, said the Chief Economic Advisor, V. Anantha Nageswaran on Wednesday, as per…
Due to GST reforms, the impact of tariff may be lower: CEA Nageswaran
India’s Chief Economic Advisor (CEA) Anantha Nageswaran is confident that GST 2.0 will provide a very significant boost to domestic demand. He earlier expected a…
GST rate cuts from Monday to make food, medicines, cars and electronics cheaper
Consumers can expect a broad wave of price reductions starting Monday as the Goods and Services Tax (GST) Council’s decision to slash rates on about…
GST relief: Companies asked to share revised prices of consumer durables, cars with consumers
New Delhi: The Centre has asked businesses to provide tentative price lists of consumer durables, cars, and other products after the Goods and Services Tax…
FinMin asks CGST field offices to submit comparative MRP change data post Sep 22
The finance ministry has asked Central GST field officers to submit monthly report of price change in 54 commonly use items, like butter, thermometer and…
Full benefit of GST rate cuts must be passed on to consumers, Piyush Goyal says
Union Ministry Piyush Goyal has asked India Inc. to pass on the full benefit of GST rate cuts to fuel consumption in the world’s fourth…
Hyundai to cut prices on cars by up to ₹2.4 lakh; Creta, Alcazar among cars to get cheaper
Hyundai Motor India on Sunday announced reducing prices of its cars by up to ₹2.4 lakh to pass on the GST rate cut benefits to…