Tag: gst reforms
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…
GST 2.0: Biggest gainers and losers of the new tax regime
Finance Minister Nirmala Sitharaman on Wednesday unveiled tax cuts for hundreds of consumer items, from soap to electronics. India will now have two major slabs…
GST 2.0 FAQS: Will large cars attract cess? What rate has been set for insurance premium? Will cigarettes get costlier? Check details
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after…
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…