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DIWALI TAX CUTS
Festive demand 2025 stays strong post-Diwali as weddings surge, tax cuts lift spending and winter boosts salesPost-Diwali sales are showing a significant uptick, defying traditional trends with a 10-20% year-on-year increase. This robust demand is f...- Premium gadgets lead festive sales boom as GST cuts, demand and easy credit fuel big-ticket buysIndians splurged on premium electronics this Diwali, with smartphones over Rs 30,000 and 43-inch TVs reaching record sales contributions. H...
- Diwali 2025 blockbuster – A festive tale for India Inc and shoppers directed by tax magicDiwali Sales: Retailers experienced a blockbuster Diwali as GST rate cuts boosted consumption across various product categories, from lab-g...
- Record diwali consumer spending expected to boost India's economyThis Diwali month is witnessing record consumer spending. Urban areas are leading the surge, supported by recovering rural incomes. This fe...
- Small cars power Maruti’s festive boomMaruti Suzuki achieved its best-ever festive season, receiving over 4 lakh bookings and retailing a record 2.5 lakh units in the past month...
- GST reforms will continue, PM Modi saysPrime Minister Narendra Modi emphasized the advantages of lowered GST rates and affirmed the ongoing nature of GST reforms to bolster India...
- The ₹2 lakh crore cash in hand for Indians may do wondersNew GST rates: India's GST 2.0 reform, effective September 22, simplifies tax slabs, potentially saving consumers ₹2 lakh crore. Households...
- GST Diwali Dhamaka has a catch, but govt is watchingThe government is closely monitoring businesses to ensure that the recent GST rate cuts reach consumers, especially during the festive seas...
- India's GST cuts at risk of delay as states wrangle over future revenuesPrime Minister Narendra Modi's proposed GST tax cuts are facing potential delays as opposition-led states demand compensation for anticipat...
- GST rate cut: Car and bike buyers hit pause button as auto stocks rev up for festive bonanzaIndian auto sales are slowing as buyers delay purchases ahead of a possible GST rate cut of up to 10% in September, which could spark a str...
- GST buzz slows festive sales as India's aam aadmi awaits PM Modi's Diwali giftIndia anticipates GST rate revisions. Consumers delay purchases, expecting lower prices on cars, electronics. Festive season sales slow dow...
- Inflation, not geopolitics, will guide Fed decisions: Andrew FerrisAndrew Ferris, CEO of Ecognosis Advisory, advises clients to reduce US holdings due to expectations that the Federal Reserve will maintain ...
- Amid festivity, auto & electronics companies carry wait of GST on their shouldersManufacturers are concerned about a potential dip in sales. Consumers might postpone buying vehicles and electronics. They are waiting for ...
- FMCG, consumer discretionary set for festive boost; defence remains a long-term play: Sushant BhansaliSushant Bhansali highlights the positive impact of upcoming GST cuts on FMCG and consumer discretionary sectors, especially rural-focused c...
- Delhi petrol price: VAT reduced, rates to go down by Rs 8 a litreThe Delhi government has reduced the value-added tax (VAT) on petrol to 19.40% from 30% previously. This cut means petrol in the capital ci...
- How the proposed new Direct Tax Code could cut your income taxThe Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs....
- Samvat 2076: Sensex rallies 192 points, Nifty tops key 11,600 levelMonetary easing, govt reforms seen key to Samvat 2076 sentiment.
- Diwali onwards, we expect consumption to go up: Dipali Goenka, Welspun IndiaIn August, the textiles industry completely bottomed out. Now is the time to wait and watch.
- Rich will benefit, poor left to fend for themselves: Kapil Sibal on tax cut"Howdy Modi. Corporate Diwali. India foregoes 1.45 lakh cr. revenue. Need Diwali for needy folk!" Sibal said in a tweet.
- Arrogant rulers became helpless before people: Uddhav Thackeray on GST reliefShiv Sena is a part of the BJP-led governments both at the Centre and in Maharashtra, but has frequently targeted the Narendra Modi governm...
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