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GST RATE REJIG
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demandBritannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move seeks to boost agility...- Sustaining festive season demand trend to depend on broader economic condition: ICRASince its rollout in 2017, Goods and Services Tax (GST) has undergone several rate adjustments, culminating in a major restructuring in Sep...
- GST rejig to help spur investments across private sector, Mahindra group CEO & MDCustomer sentiment and consumption have improved following GST rate adjustments. This is expected to drive private sector investments to in...
- Indians to soon have Rs 2 lakh crore more cash in hand from GST cuts: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced that the GST rejig is expected to put ₹2 lakh crore back into the hands of the common people,...
- GST rate cuts will improve affordability and give a fillip to consumption: Morgan StanleyMorgan Stanley anticipates a significant boost in consumption due to the GST structure rationalization, particularly benefiting low-income ...
- Opposition-ruled states meet ahead of GST Council, seek compensation to approve reform agendaOpposition-ruled states met ahead of the GST Council meeting, seeking compensation for revenue loss following GST rate rejig. They fear los...
- GST Council meets Wednesday; tax cuts on daily use items in offingThe Goods and Services Tax Council will soon consider a major GST reform. The Centre proposes to reduce tax rates on many daily use items. ...
- Centre, States equal stakeholder in GST, revenues shared equally: Govt sourceUnder the current Goods and Services Tax (GST) framework, revenues are shared equally between the Centre and the states. Additionally, 41 p...
- Proposed 2-tier GST structure could lower effective tax rate, boost revenues in long term: S&PS&P Global Ratings suggests that the proposed 2-tier GST structure in India could simplify implementation and potentially boost fiscal reve...
- GST rate rationalisation needed: Finance Secretary Tuhin KantaFinance Secretary Tuhin Kanta Pandey emphasized the need for GST rate rationalisation, drawing upon the experience gained since its impleme...
- GST Council to hold 55th meet on December 21 in Jaisalmer, RajasthanUnion Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council...
- Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council m...
- Nifty’s next move to 25,000 will come with a GST rate rejig: Ajay SrivastavaAjay Srivastava, CEO of Dimensions Corporate, highlights the need for a GST rate rejig to boost the consumer side of the market. He emphasi...
- GST Council's fitment committee rejects rate cut on over dozen items; defers call on uniform cess on tobacco productsThe Fitment Committee of goods and services tax (GST) Council has recommended exempting powdered millet from GST when sold in loose form, w...
- GST council expected to focus on improving revenue collections and plugging leakagesA group of ministers (GoM) headed by Maharashtra finance minister Ajit Pawar, which is scheduled to give its report on reforms on the GST s...
- GST on white goods may be cut; refrigerators, washing machines could soon be cheaperThe move is likely to be a boost for the sector reeling under excess capacity and slowdown. The economy will get a fillip from the likely c...
- Finance minister Arun Jaitley hints at further rejig of GSTArun Jaitley also hit out at critics who linked rate cuts on about 200 items on Friday to Gujarat elections. He said it was “juvenile polit...
- Some rejig in GST rate structure required: Hasmukh Adhia"There is a need for harmonisation of items chapter wise and wherever we find there is a big burden on small and medium businesses and on c...
- Telcos to ask govt to lower GST on telecom services to 12%COAI is likely to question the logic of the finance ministry’s decision to impose an 18% GST rate on telecom services while choosing to lev...
- Budget 2015: Tax tributaries flow into GST mainstreamThe FM has failed to rejig the threshold limit for taxing small businesses.Under service tax, it remains at Rs 10 lakh (per annum) and Rs 1...
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