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NEXT GEN GST
Next-gen GST: Taking India's reform journey forwardThe new GST framework in India aims to streamline compliance processes while lowering tax rates, contributing to enhanced economic stabilit...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
ET World Leaders Forum: India set to be a growth market, but companies must up their gameIndia is poised to be a major global growth market over the next decade, driven by seven structural strengths including economic stability,...
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...
No plan to hike vehicles' price from Jan; won't undermine GST rate cut initiative: MahindraMahindra & Mahindra plans to hold vehicle prices steady from January. The company will only consider a price increase if raw material costs...
India's KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impactDevyani International Limited, operator of KFC and Pizza Hut in India, praised the new GST reforms. They called it a major policy developme...
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...
GST relief to increase savings of Indians, says Home Minister Amit ShahAs Shardiya Navratri commenced, Union Home Minister Amit Shah announced the implementation of Goods and Services Tax (GST) reforms, effecti...
Adopt indigenous products in daily use: Amit Shah's appeal to citizensUnion Home Minister Amit Shah urged citizens to embrace indigenous products, aligning with Prime Minister Modi's call for 'swadeshi' to fos...
'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...
New GST reforms set to inject Rs 2 Lakh Cr into economy: Finance minister SitharamanFinance Minister Nirmala Sitharaman announced that recent GST reforms, primarily moving goods from higher tax slabs to 5% and 18%, are proj...
Indians to soon have Rs 2 lakh crore more cash in hand from GST cuts: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced that the GST rejig is expected to put ₹2 lakh crore back into the hands of the common people,...
GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules are falseThe CBIC has refuted a viral social media message claiming new GST transition benefits would be applicable from September 22, 2025, deeming...
GST rate for jewellery unchanged at 3% , but industry sees indirect gainsMumbai jewellers are happy with the GST reductions in other sectors. They believe this will help their business indirectly. The GST Council...
Anand Mahindra calls for ‘more reforms to unleash consumption and investment’ after GST rate cutsOn Wednesday, Finance Minister Nirmala Sitharaman unveiled major changes to the GST structure, reducing taxes on a range of items spanning ...
Next-gen GST reforms will set economy open and transparent, says Finance Minister SitharamanUnion Finance Minister Nirmala Sitharaman announced next generation GST reforms. These reforms aim to create an open and transparent econom...
New GST reforms to provide greater relief to the common man, farmers, middle class, MSMEs: Sitharaman during GoM meetNirmala Sitharaman presented GST reforms to GoMs. The plan includes slashing tax rates and easing compliance. Tax rates will be at 5 and 18...
GST rate rejig to give Rs 1.98 lakh cr consumption boost, yearly revenue loss seen at Rs 85,000 cr: ReportGST reforms are on the horizon. These reforms may bring a two-tier tax structure. Household goods may see lower tax rates. An SBI Research ...
Next-gen GST set to be ‘game changer’, paves way for single tax slab by 2047: Govt sourcesThe government has unveiled plans to simplify the Goods and Services Tax system into just two slabs of 5% and 18%, with a special 40% rate ...
Next-Gen GST step towards a single tax slab GSTIndia is planning a major GST overhaul. The new system will have just two tax slabs: 5% and 18%. This aims to boost the economy and offset ...