Tag: gst rationalisation

India's net GST revenue, after accounting for refunds, rose 2.2% year-on-year to  ₹1.45 lakh crore in December 2025. (Mint)
Posted in Business

GST collection grows 6.1% in December 2025 as rate-cut impact shows| Business News

India’s GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India’s net GST revenue,…

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Posted in Economy

India’s real GDP growth to become more broad-based in 2026: Report

Indian economic growth is expected to stay robust going into 2026, supported by both monetary and fiscal interventions, according to a report by Standard Chartered….

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Posted in Economy

GST rationalisation, festival-related spending supported domestic demand during Oct-Nov: RBI bulletin

The Reserve Bank of India’s bulletin released on Monday said that the GST rationalisation and festival-related spending supported domestic demand during October and November. “High-frequency…

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Posted in Economy

GST rationalisation boosts retail credit demand: TransUnion CIBIL

New Delhi: GST rationalisation in September has improved affordability of goods and helped boost the retail credit market, a TransUnion CIBIL report said on Monday….

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Posted in Economy

GST rate cuts pull down October inflation by 85 bps, declining trend to continue: Experts

The GST rate cuts brought down retail inflation by 85 basis points to a record low of 0.25 per cent in October and the declining…

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Bang for buck
Posted in Economy

Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet

New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…

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Will mobile phones get cheaper after GST rate cut? Here's what we know
Posted in Business

Will mobile phones get cheaper after GST rate cut? Here’s what we know

Published on: Sept 04, 2025 01:15 pm IST The GST Council has maintained the 18% tax rate on mobile phones despite significant cuts in other…

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New GST rates: All you need to know about what happens next, and when | FAQs
Posted in Business

New GST rates: All you need to know about what happens next, and when | FAQs

After the GST rates were changed on Wednesday, to come into effect on September 22, here are some of the major questions being asked, and…

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India delivers tax bonanza ‘for common man’, new GST rates from 22 September
Posted in Business

India delivers tax bonanza ‘for common man’, new GST rates from 22 September

India has cut GST rates on hundreds of consumer items,—ranging from soaps to small cars—to spur demand in the world’s fourth largest economy in the…

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Big decisions likely in GST Council meeting today, changes in tax slabs likely
Posted in Business

Big decisions likely in GST Council meeting today, changes in tax slabs likely

Union Finance Minister Nirmala Sitharaman is set to give shape to Prime Minister Narendra Modi’s clarion call for GST reforms, when she chairs the 58th…

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