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GST RELIEF FOR MANUFACTURERS
UP’s MSME box units hit by 30% kraft paper price rise, 1 lakh jobs at riskManufacturers say they have already increased corrugated box prices by around 10%, but this has not been sufficient to offset the rise in i...
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms are being advocated by industry chambers to improve input tax credit and streamline compliance processes. Businesses desire...
Consumer companies score low on R&D spending amid innovation chorusIndian consumer firms are asserting their commitment to technology and innovation, yet their investment in research and development (R&D) r...
Auto makers post strong sales ahead of festive seasonIn September, automotive sales in India showed remarkable growth due to increased demand following the GST rate cuts. Maruti Suzuki led the...
Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
FMCG firms to hold prices despite rise in commodity costs; prioritise volume growthFMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5...
FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
7.8% slam dunk! 'Dead' economy proved to be quite alive and kickingIndia’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...
ETMarkets Smart Talk | Time to rotate from expensive smallcaps to large caps? Saurabh Prasad weighs inIn an interaction with Kshitij Anand of ETMarkets, Saurabh Prasad, Head – Research Centre at Mirae Asset Sharekhan, said large caps are now...
The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
- AI capex slowdown could derail India's cyclical recovery, weigh on growth: Nuvama
Any slowdown in the global artificial intelligence (AI) capital expenditure boom could pose a significant risk to India's ongoing cyclical ...
Tax Bill 2026 clears tax hurdles for electronics manufacturing and boosts India's global supply chain competitivenessThe Taxation and Other Laws (Amendment) Bill 2026 is a transformative measure aimed at boosting global electronics supply chains. By elimin...
Manufacturing activity picks up in October on GST relief, tech investmentsOctober marked a notable surge in India's manufacturing activity, largely powered by revitalized domestic demand stemming from GST reforms....
BJP resolution urges businesses to pass on GST cut benefits to consumersA BJP resolution, lauding PM Modi's GST rate cut, urges manufacturers and traders to pass on the benefits to consumers, fostering fairness ...
Nirmala Sitharaman says items already exempted from tax listed in Mamata Banerjee's letter to PM ModiEarlier today, West Bengal Chief Minister Mamata Banerjee had urged Prime Minister Narendra Modi to exempt COVID-related life-saving drugs ...
Full GST, customs waiver for vaccines & Covid drugs counterproductive, will hurt consumers: Nirmala Sitharaman“If full exemption from GST were given, the domestic producers of these items would be unable to offset taxes paid on their inputs and inpu...
GST waiver on Covid jabs, drugs will backfire: FM Nirmala SitharamanIn a set of 16 tweets on Sunday, she argued why a nominal GST was in the interest of manufacturers and citizens. GST rates vary from 5% on ...
Auto slowdown: Rajiv Bajaj for GST cut closer to BS-VI, Pawan Goenka wants it nowWhile automobile industry clamours for a cut in GST, differences have now arisen over when it should be done.
Council to consider slashing GST on common use goodsThe Council has been meeting every month since the GST regime, which amalgamated over a dozen central and state taxes, was introduced on Ju...
GST cut to boost cotton, woollen but prices remain unaffectedThe GST Council has reduced the rate to 5% from the initially decided 18% on August 5. The move is expected to boost domestic business and ...