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GST CUTS FOOTWEAR
India's consumption story coming back to life and the timing couldn't be better: Ashi AnandIndian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are ...- Induction cooktop makers may be enticed with duty, GST cutsIndia is weighing tax cuts on induction cooktops. This aims to boost local manufacturing and make electric cooking more affordable. The gov...
- India may give a $1 billion relief to footwear industry to cushion against 50% Trump tariffs: ReportIndia is preparing a significant financial package to bolster its footwear industry. This initiative aims to strengthen the entire producti...
- Retailers report 11% growth during festive period as GST reform improves consumptionIndian retail saw an 11% growth during the recent festive season. This uplift was driven by a GST cut, encouraging consumers towards value-...
- 'GST cuts shave 0.12 pp off October retail inflation'With October's retail inflation dipping to a historic low of just 0.25%, recent GST reductions are starting to show their impact, albeit su...
- Festive cheer toys, textiles & footwear basking in GST shineSmall businesses are experiencing a welcome boost, with GST rate cuts and the festive season driving demand in sectors like toys, textiles,...
- GST cuts to boost consumer durables, affordable housing could gain later: Sunil SubramaniamGST cuts on textiles and footwear may offer some relief. Market expert Sunil Subramaniam anticipates a demand surge in big-ticket items. Th...
- GST 2.0: Unchanged budgets with lower prices spur demand for pricier TVs, cars and apparelPrice reductions under the GST overhaul have accelerated demand for higher-end products, companies report. Sales of 55–65 inch TVs, five-st...
- GST 2.0: Ecomm sellers, brands face working capital strainEcommerce sellers in categories like apparel and handicrafts are bracing for a short-term cash crunch due to higher input tax paid on unsol...
- Retailers, malls stock up and roll out discounts ahead of GST rate cut, festive rushRetailers and malls in India, including DLF Retail, Tata Cliq, and Croma, are preparing for a surge in sales ahead of the Goods and Service...
- GST rate cuts lower apparel and footwear prices but retailers trim discountsApparel and footwear brands will pass on GST benefits to consumers. Prices will drop for items under ₹2,500. Discounts from retailers' marg...
- GST reforms most positive for footwear, quick restros, FMCG, grocery retailers: ReportBernstein reports that GST rate cuts will likely boost India's consumption. Footwear, QSRs, FMCG, and grocery retailers may benefit. Person...
- Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...
- Bata begins giving GST rationalisation benefits to customersBata India has launched its "Bata Price Promise" initiative, proactively implementing the GST rate cut on footwear priced below Rs 1,000 be...
- GST 2.0 trigger throws up over 90 stock ideas as rate cuts may spark new market cycle. Full listThe GST Council's sweeping rate cuts across sectors have ignited a market rally, with auto, FMCG, cement, insurance, and consumer durable s...
- Footwear stocks rise up to 7% as GST slashed to 5% on pairs below Rs 2,500Footwear company stocks surged following the GST Council's decision to reduce the GST rate on shoes priced up to Rs 2,500 from 12% to 5%. T...
- GST Rate Cut: Auto, cement, among other sectors, likely to benefit post PM’s I-Day announcementPrime Minister Narendra Modi’s Independence Day address unveiled sweeping GST reforms, proposing to replace the existing four-tier system w...
- Consumption stocks are likely to gain from GST rate cutOf the 50-odd items that are under 28% tax slab, 19 will see a cut in taxes. Tax rates on select items from other slabs of 18% and 12% have...
- GST rate cuts: Discretionary spending likely to gather steamDiscretionary spending on electronics has been down since demonetisation in November 2016.
- Investors cheer retailers facing lower tax ratesShares of companies like Relaxo, Bata gained 4.31% and 0.94%, respectively.
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