Finmin advices banks and other financial institutions to stop expenditure on festival giftsThe Finance Ministry has advised all financial institutions, including the RBI, to cease wasteful festival gift expenditures ahead of Diwal...
26 Sep, 2025, 11.15 PM IST
GST reforms will continue, PM Modi saysPrime Minister Narendra Modi emphasized the advantages of lowered GST rates and affirmed the ongoing nature of GST reforms to bolster India...
25 Sep, 2025, 12.29 PM IST
GST relief to increase savings of Indians, says Home Minister Amit ShahAs Shardiya Navratri commenced, Union Home Minister Amit Shah announced the implementation of Goods and Services Tax (GST) reforms, effecti...
22 Sep, 2025, 11.02 AM IST
GST rate cuts done, but market guru Nilesh Shah has a 4-5 times bigger worry than Modi's 'diwali gift'Nilesh Shah welcomes the GST slab simplification but cautions about the bigger challenge of household savings being diverted into speculati...
04 Sep, 2025, 02.57 PM IST
ET Graphics | G 2.0: A reform storyThe Goods and Services Tax Council is set to commence a two-day meeting on Wednesday to discuss significant reforms to the GST structure, w...
03 Sep, 2025, 01.52 AM IST
GST Council to meet on Sept 3-4, decide on two-slab tax structureThe GST Council is set to convene in Delhi on September 3-4 to deliberate on a simplified two-slab GST structure of 5% and 18%, alongside a...
23 Aug, 2025, 12.08 AM IST
Next-gen GST set to be ‘game changer’, paves way for single tax slab by 2047: Govt sourcesThe government has unveiled plans to simplify the Goods and Services Tax system into just two slabs of 5% and 18%, with a special 40% rate ...
21 Aug, 2025, 05.55 PM IST
GST on Diwali gifts: Companies could see implications on gifts doled out to customers, retailersCompanies often come up with these schemes for their retailers too to push sales. In other cases, these promotional goods and schemes are f...
08 Oct, 2021, 09.11 AM IST
Surat diamond traders cut back on bonuses, go for austerityIn Surat, the city that boasts of the largest number of millionaires in Gujarat, this year's Diwali was different, marked with cautious aus...
08 Nov, 2017, 01.59 PM IST
Hit by DeMo-GST, corporates slash gifts by 35-40%: AssochamCorporate India is going rather lukewarm in Diwali gifts this year, slashing the budget by at least 35-40% under this head, says an Assocha...
18 Oct, 2017, 08.07 PM IST
Festive sales finally bring cheers for retail storesMall owners and apparel brands have reported a 15-20 per cent surge in sales over last year in Mumbai, Delhi and elsewhere due to shopping ...
15 Oct, 2017, 11.37 PM IST
How to brush away the blues with retail therapy this DiwaliGDP growth has been slowing down for six quarters now. Fresh investments have plummeted CMIE data shows that projects worth Rs 13.22 lakh c...
15 Oct, 2017, 01.25 AM IST
Consumer companies like Parle, Marico, Dabur expect a brighter Diwali this timeLarge consumer-facing companies, including Britannia, Parle Products, Marico and Dabur expect a 10-15% increase in consumer sales this Diwa...
10 Oct, 2017, 11.12 PM IST
Arrogant rulers became helpless before people: Uddhav Thackeray on GST reliefShiv Sena is a part of the BJP-led governments both at the Centre and in Maharashtra, but has frequently targeted the Narendra Modi governm...
07 Oct, 2017, 05.45 PM IST
Pre-GST buying takes a toll on festive salesCompanies said the decline is due to consumers advancing purchases during the pre-GST sales in June with retailers in a hurry to liquidate ...
07 Sep, 2017, 12.38 PM IST
No GST on gifts worth up to Rs 50k from employer: FinminThe finance ministry also said free housing to employees, when it is provided in terms of the contract between the employer and employee an...
11 Jul, 2017, 09.59 AM IST
Amenities to employees outside CTC may trigger GST liabilityGST would be payable by the company if there is a supply to an employee of free goods and services over and above the CTC, which is a stipu...
29 Mar, 2017, 11.46 AM IST