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GST REDUCTION
Renewable energy developers seek GST cut on battery storage systems to 5%Developers want a five percent goods and services tax on battery storage systems. This change would support faster deployment of renewable ...- India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
- Govt says E20 fuel safe for vehicles, defends ethanol blending programmeThe government has defended its ethanol blending program, stating no engine damage has been found. Extensive testing and field experience c...
- Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
- Ethanol should be a cheaper fuel. So why isn't E20 priced lower than pure petrol? Here's what the government saysIndia's ethanol production capacity now supports future growth and higher blending targets. Ethanol blending is not necessarily cheaper tha...
- India on way to become a global hub for aircraft Maintenance, Repair and Overhaul (MRO): GovernmentIn a written reply in the Lok Sabha, Civil Aviation Minister Kinjarapu Rammohan Naidu said, "The Government has taken various measures to c...
- Selling Gold? Your tax bill depends on how you own it; ETFs, SGBs, jewellery and digital gold comparedUnlike Gold ETFs, both physical gold and digital gold have longer required holding periods for realizing long-term gains. Additionally, Sov...
- Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...
- Food giants focus on the fine print to serve you rightIndian consumers are increasingly looking beyond prices and focusing on product labels, ingredients and nutrition details while making food...
- Auto sector to grow at 22-24% in Q1 FY27, among top drivers of corporate growth: CrisilIndia's automobile sector is expected to report robust revenue growth of 22-24 per cent year-on-year in the first quarter of FY27, emerging...
- Consumers adjust to a supply squeezeConsumers are increasing borrowing to afford rising prices on electronics and gadgets. Easy digital credit fuels this demand, but household...
- Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF reportA new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This mo...
- Kerala Assembly: LDF boycotts proceedings over Finance Bill's Subject Committee bypassKerala's Assembly witnessed a boycott by the LDF opposition after the Speaker disallowed their objection to the Finance Bill. The oppositio...
- Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...
- As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
- As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
- Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
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