Tag: gst

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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…

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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…

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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…

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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…

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Posted in Economy

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…

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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…

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Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report

Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…

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Posted in Economy

Sales glut pips tax cut as GST mop-up keeps rising

Gross collections of goods and services tax (GST) rose 4.6% on-year to Rs 1.95 lakh crore in October, reflecting robust local consumption that helped offset…

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GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cuts

Goods and Services Tax (GST) collection rose 4.6% in October, amounting to Rs 1.96 lakh crore, compared to Rs 1.97 lakh crore in October 2024,…

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Govt to allocate gold quota under trade pact with UAE through bidding process

The government on Wednesday said the allocations of tariff rate quota (TRQ) for gold under the free trade agreement between India and the UAE will…

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