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DETERGENT GST
Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...- Small packs make big gains as budgets shrink and costs riseWith inflation on the rise, Indian shoppers are favoring compact product packaging. This shift not only reflects changing consumer habits b...
- Shortage of competition in Indian market to support Unilever's volume growth: CEOUnilever anticipates increased sales in India. Global supply chain issues and higher packaging costs are creating openings. Local competito...
- Coming soon: Price hike round 3 in four months for durablesConsumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....
- Experts flag input tax credit blockage for FMCG distributors despite GST reliefA recent GST circular clarifies trade discounts and credit notes, easing manufacturers' tax burden but creating cash-flow pressure for FMCG...
- GST cuts elude detergents, cosmetics; analysts and FMCG players say it's surprisingIndustry experts are surprised that detergents and cosmetics remain under the 18% GST slab despite the govt's restructuring aimed at boosti...
- Flour, TV, refrigerator, LPG become cheaper: PM Modi says GST resulted in 'significant savings' for poor, common manPrime Minister Narendra Modi lauded the impact of Goods and Services Tax (GST) during its seven-year tenure, highlighting its role in impro...
- FMCG consumption down, but branded item sales on the riseListed consumer goods firms such as HUL, Marico and Dabur posted their fastest volume growth in at least five years, helped by a favourable...
- Too early to say if GST Sounds death knell for unorganised players: HULIt would take a few more quarters to see market shares shift to branded products from unorganised sector, Sanjiv Mehta, managing director a...
- Eating out, items of daily use get cheaper on lower GSTLarge retail outlets have also started advertising the downward revised prices of FMCG items like Shampoo, detergent and beauty products on...
- GST: Many of your everyday-use items will now cost lessThe Goods and Services Tax Council recommended reduction of levy on categories including detergents, shampoo, deodorants, cosmetics and cho...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- 18 stocks that can see big benefit if GST Council tweaks tax rates todayMotilal Oswal Securities expects the council to lower rates on items in the consumer sector.
- Colgate-Palmolive cuts prices of toothpaste, toothbrush by 9 per centGST has enabled Colgate-Palmolive (India) to extend to its consumers the benefits of reduction in MRPs by 8 to 9%, for the key categories o...
- Market share is expected to see a shift away from unorganised players as GST provisions come into playUnder GST, the government will assign a rating to the trade and industry on the basis of its compliance standards and include who they are ...
- FMCG companies to extend tax benefits to customers, slash pricesThe companies such as Patanjali, ITC, HUL and Marico are either slashing the prices of goods or increasing the grammage of the product on d...
- HUL cuts prices of select products post GSTUnder the GST regime, tax credit system is reducing the absolute margins available to modern trade retailer and they are asking to retain a...
- GST is the best thing any FMCG company could have asked for: K Ullas Kamath, Joint MD, Jyothy LabThe differential tax will be about 4% in our company and we will be able to like absorb that because of various consumer offers:K Ullas Kam...
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