Tag: gst reforms
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,…
Budget should focus on widening tax base, investment incentive to further bolster growth: Report
New Delhi, The Union Budget 2026 needs to focus on widening the direct tax base, incentivising private sector investment and freezing peak direct tax rates…
GST reforms may reduce retail inflation by 35 basis points in 2025-26: SBI report
The decline in Consumer Price Index (CPI) or retail inflation due to massive GST rate rationalisation has been around 25 bps so far in the…
Export promotion measures launched to offset tariffs
The government on Tuesday said it is taking steps to reduce the impact of the tariff hike imposed by the US administration on Indian goods….
GST collections soften in November 2025 in the aftermath of rationalisation move| Business News
India’s GST collections softened in November 2025 due to the rationalisation move that reduced the indirect tax of hundreds of items. GST collections are up…
Fitch unit raises GDP projection to 6.5% for this fiscal
New Delhi: BMI, a unit of Fitch Solutions, raised India’s economic growth forecast for 2025-26 by 0.5 percentage points to 6.5%, citing strong performance in…
Next generation GST reforms led to growth in sales across sectors: FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday said that the implementation of next generation GST reforms on September 22 has led to a growth in…
Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…
Slowdown in India’s industrial output in H1FY26 will be offset in H2FY26 by GST reforms and festive boost: Report
The slowdown in India’s industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and…
Business confidence dips in second quarter on global headwinds: NCAER
New Delhi: Business confidence in India declined in July-September after improving for three consecutive quarters, owing to factors including an additional 25% tariff imposed on…