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CONSUMER GOODS TAX REDUCTION
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big businessIndia's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams...- Delhi EV Policy aims to cut ownership costs, boost adoption: CM Rekha GuptaDelhi's new EV Policy 2026 aims to make electric vehicles economically attractive for citizens. Chief Minister Rekha Gupta highlighted that...
- Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...
- 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...
- Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
- June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- LPG Gas Rate Today: Check domestic 14 KG cylinder price today in Delhi, Mumbai, Chandigarh, Hyderabad, Bengaluru and other citiesLPG Cylinder Price Today: Good news for consumers as state-run oil companies have revised LPG prices for July 2026. While domestic cylinder...
- Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....
- Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
- Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
- In Graphics: How GST cuts triggered a rally for Indian businessesGovernment analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. H...
- AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
- 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...
- Speaker Radhakrishnan denies backing low-alcohol liquor policy during LDF regimeKerala Assembly Speaker Thiruvanchoor Radhakrishnan refuted claims of supporting low-alcohol liquor sales during his previous tenure. He st...
- 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 ...
- GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026; Know how this helps taxpayersThe Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...
- ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationar...
- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
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