Tag: gst reforms
GST was long overdue, initial rollout had too many rates, says Jamshyd Godrej
Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for…
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…
50% US tariffs can shave 0.5% off India GDP, CEA V. Anantha Nageswaran says
Updated on: Sept 08, 2025 11:34 am IST If the tariff uncertainty extends into the next fiscal, the impact will be “larger” resulting into a…
Auto sales in August 2025 remain muted ahead of new GST rates for cars, bikes
Updated on: Sept 08, 2025 09:44 am IST The government has reduced GST rates on cars and two-wheelers by as much as 10 points, setting…
Stock Market Today | Sensex, Nifty set to open higher on GST rate cut, US rate cut hopes
Updated on: Sept 08, 2025 08:51 am IST Gift Nifty futures were trading 0.23% higher at 24,882.50 points as at 8:42 am, indicating that Nifty…
GST Council’s decision to simplify tax structure will make taxation more ‘transparent’: IOB
The GST council‘s decision to simplify the tax structure would make taxation more ‘transparent’ and boost consumption over 8-10 per cent in rural markets, a…
‘Ek baar aap GST dekh lo’: PM Modi’s nudge ushered in biggest GST reform in 8 years
Ek baar aap GST dekh lo!’ – Prime Minister Narendra Modi’s gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning…
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…