Tag: new gst rates
Direct & indirect tax cuts will improve savings rate in India: Chief Economic Advisor V. Anantha Nageswaran
The direct and indirect tax cuts will improve the savings rate in India, said the Chief Economic Advisor, V. Anantha Nageswaran on Wednesday, as per…
Short end of the GST stick makes one shine, leaves another guessing
As the government’s GST rate cuts draw applause, two winners have already emerged — the Indian consumer and FMCG firms. The sector left holding the…
New GST rates: You missed the cheaper deal that may not return soon
With the middle-class strata of India all set to hit the markets this Diwali, the government had a different plan for the richer counterparts under…
GST 2.0: The deals that can save you thousands and lakhs of money
For years, the multi-tiered GST system felt like a labyrinth of percentages, confusing for consumers and complex for businesses. But from Monday, that all changed….
Which sectors will gain from new GST reforms beginning from Monday?
The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare,…
GST rates rationalisation may not pose fiscal burden on govt: Crisil
The recent rationalisation of GST rates is unlikely to pose a fiscal burden on the government, ratings firm Crisil said. In its latest report, the…
CBIC to meet trade bodies, industry on smooth rollout of GST reforms
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss…
Govt allows companies to change MRP on unsold stock as per new GST rates
Updated on: Sept 09, 2025 05:06 pm IST The revised prices must reflect GST changes only. The old MRP must remain visible, Union Minister Pralhad…
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…
GST Diwali Dhamaka has a catch, but govt is watching
The government is keenly monitoring businesses and industry to ensure that the GST rate cuts, effective from September 22, first day of Navratri, reach the…