Tag: gst reforms
GST reforms could add Rs 20 lakh crore to GDP: Ashwini Vaishnaw
Rationalisation of GST rates along with Income Tax relief in the 2025-26 Budget will take India’s economy “to another level”, Union minister Ashwini Vaishnaw said…
GST reductions to boost cooperatives, farmers, rural enterprises
The sweeping GST reforms unveiled this week will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income…
GST reforms got nothing to do with any external factors: Ashwini Vaishnaw
Works for the recently-unveiled next-generation GST reforms had started around one-and-a-half years ago, and it has nothing to do with any external factors, Union minister…
GST reforms transformative, will ensure tax certainty: CBIC chief
The goods and services tax (GST) reforms proposal announced this week will be ‘transformational’ for India’s indirect tax system, Central Board of Indirect Taxes and…
GST reforms will mitigate the US tariff impact on the Indian Economy
New Delhi: Forward-looking policies, including goods and services tax (GST) reforms, have mitigated the effect of US tariffs on the Indian economy, said Yogesh Mandhani,…
GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report
The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue…
GST rationalisation in textiles to remove distortions, support exports
NEW DELHI: The rationalisation of GST rates for the textile sector is expected to reduce costs, support exports, sustain jobs and stimulate domestic consumption to…
‘Double dose for growth’: PM Modi hails GST 2.0, attacks Opposition
The changes in the Goods and Services Tax regime is a double dose of support and growth for the nation and the next-generation reforms have…
‘GST reforms not correlated to Trump tariffs’: Sanjeev Sanyal clarifies – The Economic Times Video
PM’s Economic Advisory Council member Sanjeev Sanyal explains the thought process behind the sweeping GST reforms. Effective September 22, GST rates and slabs have been…
GST reforms vs US tariffs: What it means for India’s GDP, inflation, fiscal deficit
India’s biggest tax overhaul since 2017 is colliding with the steepest US tariffs on any nation. That’s set to shape the country’s GDP growth, its…