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GST REVENUE REDUCTION
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
- Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
- Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze marginsCorporate India's March quarter net profit surged 25.3%, driven by non-operating factors, masking operating challenges like rising input co...
- CV demand cycle intact despite fuel price volatility and sentiment swings: Shenu Agarwal, Ashok LeylandAshok Leyland navigates a challenging cost environment with selective price hikes and internal controls amid stable demand. While input cos...
- ‘Europe will become irrelevant for us’: JSW Steel doubles down on India growth with massive capex planJSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market sh...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- Global consumer companies stay bullish on IndiaGlobal consumer firms are seeing strong demand in India. Companies like Mondelez, Coca-Cola, Pernod Ricard, Reckitt Benckiser, and Carlsber...
- Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
- Marico, Radico Khaitan in focus as FMCG navigates inflation-led challengesIndia's FMCG sector navigates inflation. Input costs are rising, impacting margins. Companies are adjusting prices. Past cycles show resili...
- Due to GST reforms, the impact of tariff may be lower: CEA NageswaranChief Economic Advisor Anantha Nageswaran anticipates GST 2.0 will significantly boost India's domestic demand, potentially offsetting tari...
- India Inc revenue to grow 7% this fiscal on GST restructuring, but profit margins may remain flat: CrisilCrisil Intelligence expects India Inc’s revenue to grow 6–7% this fiscal, driven by GST rate cuts boosting consumption, especially in FMCG,...
- Kerala govt urges Union Finance Minister to extend GST compensation by 5 more yearsIn the letter written by Kerala Finance Minister K N Balagopal, the southern state also urged the Union Minister, who is also the chairpers...
- After Kerala, Punjab says GST needs a fresh lookFalling goods and services tax collections seems to be driving a wedge between states and the Centre.
- Fitment panel rules out GST cut for auto, consumer durables or biscuitsThe fitment panel has blamed the current liquidity crisis and troubles of NBFCs for auto sector slowdown.
- States may support GST relief on hotel tariffsMove to boost tourism; consensus unlikely on GST cut on auto.
- Integrating GST impact under new accounting standards a tough call for accountantsAccording to a recent research, Indians companies saw their revenues jump by about 7% after moving to the Ind AS system. But under GST, the...
- Hold back price hikes till GST roll out: Hasmukh Adhia tells India IncRevenue Secretary Hasmukh Adhia said that anti- profiteering provision in GST laws was essential to ensure that the benefits of reduction i...
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