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GST REVAMP IMPACT
PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrificesAmidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold moneti...
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
Petrol at Rs 72, diesel at Rs 69 in Delhi? How GST could slash fuel prices in IndiaGlobal crude oil prices have surged past $110 per barrel. However, Indian retail fuel prices remain stable. This is due to government excis...
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...
HUL warns of near-flat Q2 as GST changes biteHindustan Unilever anticipates near-flat to low single-digit growth in the September quarter due to temporary distribution disruptions caus...
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0Finance Minister Nirmala Sitharaman is preparing for the rollout of the next-generation GST with reduced rates and fewer slabs, effective S...
FM Sitharaman has a message of hope for exporters hit by Trump tariffsFinance Minister Nirmala Sitharaman said that the Indian government is developing a support package for exporters facing a 50% US tariff, i...
Spurt in consumption to drive revenue buoyancy, to meet fiscal deficit target of 4.4%: SitharamanFinance Minister Nirmala Sitharaman anticipates that increased consumption will offset the Rs 48,000 crore GST shortfall resulting from tax...
GST revamp to add 30 bps to growth, say economistsIndia's economic growth is projected to receive a 0.2-0.3% boost due to the recent GST rationalization, simplifying the tax structure to tw...
Must keep in mind GST revamp impact on tax collection, fisc: MPC member BhattacharyaMinutes from the MPC meeting revealed discussions about potential rate cuts, but concerns over transmission, trade tariffs, and food inflat...
More tax relief? Centre may push for a leaner GST machineThe Centre plans to simplify the GST structure by revamping slabs for better implementation and compliance. The focus will be on rationalis...
Smooth execution without technical glitches critical for GST filing system: ExpertsThe government plans to link GSTR 1, the form used to fill outward supplies, with GSTR 3B, used to fill returns summary, which will reduce ...
To boost Make in India, framework for SEZs set for a complete makeoverThe revamp has been necessitated by the switchover to GST, but govt is keen to go beyond this to spur private investments, particularly in ...
Aviation sector to face teething problems due to GST: SpiceJet CMD Ajay SinghAjay Singh said his airline was "fully prepared" to usher in the indirect tax regime from July 1, and that airlines were working along with...
GST deep impact: Here are real winners and losers of tax revampThe main beneficiaries of the new GST, include steelmakers and some consumer goods.
need2know: Six macro triggers that market would watch todayOn the cards is a revamp of the income-tax framework for individuals to increase their takehome pay, thus persuading them to start buying m...
Differential GST rates will hurt gold monetisation: IBJABullion attracts import duty of 10% and most of the 29 states levy VAT at the rate of 1%, including cesses, stamp duty , etc works out to 1...