Economists track GST rate cuts for impact on prices, inflation and festive demandEconomists are closely monitoring the impact of the GST rate cuts, effective Monday, on retail prices and consumer spending this festive se...
GST 2.0: Big savings on small cars, prices to drop by 12-12.5%The GST rate reset is anticipated to stimulate demand for small cars and two-wheelers, benefiting entry-level consumers. Small cars and mot...
States for tough steps to prevent profiteering from GST rate cutsAs the GST Council prepares to discuss GST 2.0 reforms, some states are advocating for stringent measures to ensure consumers benefit from ...
A tax cut with unintended impact for India’s EV momentumA proposed GST recast in India, aiming to boost the small car market by lowering taxes on ICE vehicles, could inadvertently hinder the grow...
Big GST cut may rev up demand for small cars, hatchbacks likely to attract 18% tax against 28% nowSmall cars are likely to be placed in the 18% tax slab, substantially reducing the tax burden on them, people familiar with the matter said...
PMO greenlights GST revamp; All eyes on councilThe Prime Minister's Office has approved a significant overhaul of the Goods and Services Tax (GST) framework, potentially leading to the f...
GST: Rate changes and reliefThe 47th GST Council meeting addressed the inverted duty structure and removed several exemptions but deferred a decision on wider slab rec...
PEs, VCs mull recast to get around GST on carry feeFund managers tend to earn millions in carry fees when they invest the money of PE or VC funds and also when they exit such investments. A ...
COVID-19 impact: RBI may opt for loan recast for select sectorsIn 2008 also, when the world was hit by the global financial crisis following Lehman Brothers going insolvent, the RBI had announced a one-...
Banks to organise 'loan melas' in 400 districts within a month: Nirmala SitharamanFinance Minister announced that banks won't declare any new NPA for MSME loans till March 2020.
GST changes: What it means for youBulk of the items are now in 12% or 18% slab. The GST regime might be effectively moving towards a two-rate structure and movement to one d...
GST may be recast next week to make compliance easierThis will be the second significant overhaul of GST after a Nov rejig that saw the tax rate on 178 household goods being lowered & that on ...
Next step in GST recast: Lower end of tax slabsThe government will focus on the rejig of the 12 per cent and 5 per cent slabs after the goods and services tax regime settles down and the...
GST: PM Narendra Modi gambles big, at stake is India’s growth trajectory & BJP’s poll hopesOfficials said the PM has been determined to make GST work, going over the big picture and minutiae in scores of briefings and appraisals.
Do MF investors need to alter their portfolio before GSTIndia’s tryst with GST on July 1 is making some investors nervous. They have been asking their advisors whether they should recast their mu...
India's power woes need a political solution; govt needs to bite the bullet: Mythili Bhusnurmath"Discoms are unwilling to raise tarrifs for the simple reason that politicians fear some kind of electoral repercussions if they were to do...
- India to clock 9% plus growth rate in coming years: Pranab
Committing to expedite the financial sector reforms, Pranab Mukherjee exuded confidence that India will achieve over 9% economic growth rat...