Tag: gst
India-US relations positive, every situation will be addressed satisfactorily: Piyush Goyal
Mumbai, Sept 17 Union Commerce Minister Piyush Goyal on Wednesday said relations between India and the US remain positive as leaders of both countries are…
GST not applicable on post-sale discounts given by manufacturers to dealers
Post-sale discounts given by manufacturers to dealers intended solely for competitive pricing and promoting sales will not be subject to GST, the Central Board of…
Retail inflation climbs to 2.1% in August as food prices soar
NEW DELHI: India’s retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data…
Tax clarity, global competitiveness: How GST 2.0 delivers for exporters
The Goods and Services Tax (“GST”) has remained a cornerstone of India’s economic reform agenda, progressively evolving to balance the twin imperatives of revenue stability…
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…
GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and…
By how much will India be able to evade tariff hit on growth? CEA Nageswaran does the GDP math
India’s Chief Economic Adviser V Anantha Nageswaran said on September 10 that the hit to GDP from Trump‘s tariffs will be kind of modest —…
GST Council eases rules on credit notes, relief for FMCG players
The GST Council has given relief to businesses, particularly fast-moving consumer goods companies, by removing the rule that required credit notes to be linked with…
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess…
‘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…