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GST REFORMS FOR MSMES
Karnataka state planning panel proposes reforms for KSFCKarnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a ...
Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
West Asia conflict: Early signs of stress visible across sectors, says FICCI reportThe report emphasises that this crisis, while being challenging, also presents an opportunity for India to accelerate structural reforms ai...
India’s next reform push must target cost of doing businessIndia faces high business costs impacting competitiveness. Addressing credit, land, input, logistics, and compliance expenses is crucial. B...
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,...
FM launches GST appellate tribunal to cut tax litigationNirmala Sitharaman launched the Goods and Services Tax Appellate Tribunal. GSTAT aims to reduce tax litigation. It will provide a single ta...
ITC chief hails next-gen GST reforms as 'historic moment'Sanjiv Puri, Chairman of ITC Ltd, hailed the new GST reforms. He said it is a historic step that will boost consumption. It will also energ...
'People-centric' GST 2.0 to put more money in people's hands, improve cost competitiveness: IndustryThe GST 2.0 reform, effective Monday, aims to boost consumer spending, ease MSME compliance, and lower industry input costs, fostering Indi...
PM Modi urges states to boost manufacturing, strengthen 'Aatmanirbharta' amid tariff challengesPrime Minister Narendra Modi addressed the nation, advocating for increased domestic production under the 'Make in India' initiative. He em...
'Double bonanza': GST reforms to bring relief to poor & middle class from Sept 22, says Modi; highlights from PM’s addressPrime Minister Narendra Modi said the next generation of GST reforms, effective from Monday, will boost India's growth, simplify business o...
Automobiles and ancillaries get a big push through GST reformsGST rates for vehicles and auto parts are set to decrease. This move aims to make vehicles more affordable. It also seeks to boost demand a...
GST reforms to set stage for next investment cycle, provide tailwind for growth in coming quarters and years: Sanjiv BajajSanjiv Bajaj hailed the government’s GST rate cuts as the biggest reform since 2017, calling it a major driver for demand, lending, and fin...
Pharmaceutical industry seeks relief from rate inversionThe pharmaceutical industry in India anticipates potential relief from Goods and Services Tax inversion. Discussions between companies and ...
'Brutal tool of economic injustice, corporate cronyism': Rahul Gandhi slams GST, calls for reformCongress leader Rahul Gandhi criticized the Goods and Services Tax (GST) on its eighth anniversary, calling it a tool of "corporate cronyis...
How GST 2.0 can transform the MSME sectorWhile the Government has shown willingness to address the sector concerns, MSMEs are looking forward for additional focus on introducing tr...
Budget 2024: Key GST-related challenges MSMEs expect to be addressedUnion Budget 2024 might introduce GST reforms favoring MSMEs, critical to GDP, employment, and exports.
Most of top-level executives have positive perception of GST: Deloitte surveyA Deloitte survey shows growing confidence in India's GST among C-suite executives, with 84% perceiving it positively in 2024, up from 72% ...
View: Comprehensive reform of GST structure preferable to repeated small changesThe goods and services tax (GST) could bring an end to this and the GST Council will be wise to shed their obsession with revenue-positive ...
Here’s what MSMEs expect from Modi 2.0The exporting community that comprises of MSME players (responsible for 40% of the country's total outward shipments) seems to be buoyed by...
NITI Aayog vice chairman Arvind Panagariya upbeat on passage of GST billAccording to Panagariya, though MSMEs are major providers of employment they are missing out on the benefits of efficiency.