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GST RATES RATIONALIZATION
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...- The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
- Disciplined investing delivered good results for us: Navneet Munot, HDFC MF CEOHDFC MF’s Navneet Munot tells Sanket Dhanorkar and Kayezad E. Adajania how navigating crises has shaped investing discipline, risk manageme...
- GST Council should consider lowering tax on household insecticides to 5 pc: EY-HICA reportA new report recommends lowering the Goods and Services Tax on household insecticides. The current 18 percent rate could be reduced to 5 pe...
- India has ample buffers to weather headwinds from Middle East conflict: World BankThe World Bank stated India is well-positioned to handle the global energy shock due to strong buffers like high foreign exchange reserves ...
- November GST mop-up grows slowest in fiscal due to rates revampIndia's Goods and Services Tax collection reached ₹1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state...
- CBIC asks staff to track prices before, after GST cutThe CBIC is monitoring price changes of essential goods after the GST rate cuts on September 22nd. Field officials are collecting data from...
- Earnings recovery to drive market momentum: Mayuresh JoshiIndian equity markets saw a 1% gain but stayed below 25,000, prompting analysis of underlying trends. GST rationalization is expected to bo...
- GST 2.0 to boost FMCG consumption, larger packs items to get benefit from price cuts: Nuvama ReportA new report suggests that the FMCG sector in India is set to benefit from recent GST rate revisions. Nuvama's report indicates that tax cu...
- Opposition states seek compensation over GST rejig, flag Rs 2 lakh crore revenue riskSeveral opposition-ruled states are worried about potential revenue losses from the Centre's GST restructuring plan. They anticipate losses...
- GST 2.0 reforms: From 4 slabs to 2, simpler tax system aheadWith robust GST collections and a broad tax base, India is poised for next-generation GST reforms, potentially streamlining the rate struct...
- Budget 2025: Key reforms expected in the indirect tax ecosystemThe budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery credits.
- Simplification to be the focus for taxation in 2025The government's focus will be on simplifying tax policies and rationalising GST rates in the New Year. The review includes improving incom...
- Varun Beverages shares slip over 5% as GST on aerated beverages may be hiked to 35%Varun Beverages share price: Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drin...
- In preparation for GST rate rationalisation, product categories' fine-tuning beginsThe Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disp...
- No need to distort the GST packageGST allows manufacturers to claim credit for the taxes paid on inputs and creates audit trails in the income and production chain. Exemptio...
- Key developments at the GST Council meetingThe long-awaited requirement to set up a Tribunal under GST law was also deliberated, and the Council has recommended to set up a ministeri...
- Indian handset industry demands GST reduction on mobile phones, componentsIndia’s handset industry has demanded that the GST rate on mobile phones should be reduced from 18% currently to 12% and the GST rate on pa...
- Industry lauds GST Council's move to slash tax rates for hotelsThe GST Council on Friday approved the proposal to reduce tax rates on hotels, which had been a long standing demand of the industry.
- Inclusion of petrol and diesel in the GST will help consumers pay a rational price: Dharmendra PradhanPetrol and diesel prices have gained Rs 10.74 and Rs 11.36 per litre respectively in the last nine months in which crude oil has gained $21...
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