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CEMENT TAX REDUCTION
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...- India, UK discuss sticking points delaying free trade pact rolloutAs India and the UK maneuver through complex trade discussions, they are focused on addressing the sticking points that are currently slowi...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
- GST cuts don't always cut prices. Here's whyLower GST rates don't necessarily translate to cheaper prices for consumers. This discrepancy arises from the complexity of tax processes r...
- GST 2.0: Cement prices set to be cheaper by ₹25-30 a bagCement prices in India are expected to decrease by ₹25-30 per 50 kg bag following a reduction in GST rates from 28% to 18%. While this move...
- How will the recent GST changes affect different sectors of the economy?GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benef...
- GST 2.0: Fall in input prices likely to soften realty costsIndia's property sector is poised for a boost as the government reduces the GST on cement from 28% to 18%, potentially lowering project cos...
- GST cut on cement to boost sector, accelerate infrastructure growth: Industry playersWelcoming the development, Akhoury, who is also Managing Director, Shree Cement, said cement is a foundational input material for infrastru...
- Ambuja Cements, ACC and other cement stocks surge up to 4% after GST slashed from 28% to 18%Cement stocks surged following the GST Council's decision to reduce the tax on cement from 28% to 18%. This move is expected to boost infra...
- GST rate cut: Cement companies profitability will be under pressure for the near termThe Goods and Services Tax Council has reduced the tax rate on cement. This reduction is from 28% to 18%. While good long term, cement comp...
- India Cements Q1 Results: Firm posts net loss at Rs 73.58 crore, revenue dips 5% YoY to Rs 1,437 crore"The selling price of cement was lower during the quarter under review due to severe competition caused by supply overhang. There was a red...
- GST rate cut bonanza: D-Street not sure if it’ll lift market moodAnnual revenue implication of the rate cuts would be to the tune of Rs 5,500 crore, Jaitley said.
- Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenueThe Goods and Services Tax (GST), which subsumed 17 local taxes, was rolled out on July 1, 2017.
- GST impact: Ultratech cuts cement price by up to 3 per centThe company has started supply of batches on new rates from July 1 from its warehouses, when the new tax structure came into force.
- Cement prices slashed by Rs 15 in Northeast IndiaStar Cement, Dalmia Cement and Topcem Cement have made this reduction in cement prices effective from July 1.
- Ambuja Cements cuts cement prices by Rs 6 per bagAmbuja Cements cut prices up to Rs 6 per bag in response to the government's move to reduce CENVAT by four per cent.
- Industry seeks import protection, cut in leviesCement companies are asking finance minister P Chidambaram, who slapped a dual duty regime on them last year, to reduce local levies and re...
- Cement firms to pass excise cut to consumersCement manufacturers on Thursday welcomed the "rational" changes in the excise duty structure announced by the government today and said th...
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