Tag: gst
Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of FY26: Goldman Sachs
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income…
RBI likely to keep repo rate unchanged at 5.50% in December policy: BoB
The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday,…
November GST mop-up grows slowest in fiscal due to rates revamp
New Delhi: India’s gross goods and services tax (GST) collection increased a modest 0.7% year-on-year in November to ₹1.70 lakh crore, the lowest so far…
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…
GDP to cross $4 trillion, growth set to top 7% in FY26: CEA
India’s economic growth should exceed 7% this fiscal year, and the size of the economy would cross $4 trillion, driven by the 8.2% rate of…
India Q2 GDP growth quickens on year to 8.2% even before full impact of GST cut kicks in
Exceeding expectations and marking a six-quarter high, India’s gross domestic product (GDP) quickened to 8.2% in the second quarter of FY26, up from 5.6% in…
GST cut hasn’t triggered any immediate demand shift: CCL Products’ Praveen Jaipuriar
The cut in goods and services tax (GST) has impacted CCL Products (India), a major player in the coffee industry, in two distinct ways. On…
Sustaining festive season demand trend to depend on broader economic condition: ICRA
Festive season trends point to a rebound in demand, especially for consumer durables, as GST rate cuts have eased the tax burden for consumers, but…
Private sector activity hits 6-month low in November
India’s private sector activity fell to a six-month low of 59.9 in November from 60.4 in October, as slowdown in manufacturing offset improvement in services…
The Great Indian inflation bust
India’s retail inflation plunging to 0.25 percent in October 2025 has created a moment of unusual macroeconomic clarity and complexity at the same time. The…