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GST RATIONALISATION NEWS
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- GST cuts: Q3 to set positive momentum for rest of FY26: Umesh Revankar of Shriram FinanceShriram Finance’s Umesh Revankar said GST rate cuts will revive demand in autos and consumption, boost festive season purchases, spur credi...
- The makeover announced by GST Council is welcome, but a cup half-full with red tape still flutteringThe GST Council's recent meeting delivered on the promise of GST reduction and rationalization ahead of Diwali, reaffirming commitment to t...
- GST 2.0: How mutual fund experts decode government’s rationalisation moveThe 56th GST Council meeting, led by Union Finance Minister Nirmala Sitharaman in New Delhi on September 3, set the stage for a major revam...
- Why is consumption preferred over capex in current market conditions? JPMorgan's Rajiv Batra explainsJPMorgan's Rajiv Batra suggests India's focus should be on domestic demand amidst global slowdown. Despite tariff uncertainty, GST rational...
- Festive season, tax relief to drive consumer durable demand: Sudip BandyopadhyaySudip Bandyopadhyay suggests that GST reduction and other factors will boost consumer durables and cement industries. He recommends Voltas ...
- School Assembly Headlines for August 22: Top national, international, business and sports updateKey policy shifts include the GoM's GST proposal acceptance, potentially reshaping tax slabs. Parliament approved the Online Gaming Bill am...
- Government may scrap GST on health, life insurance under GST 2.0 reformsThe GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to significant relief for ...
- Centre, States equal stakeholder in GST, revenues shared equally: Govt sourceUnder the current Goods and Services Tax (GST) framework, revenues are shared equally between the Centre and the states. Additionally, 41 p...
- Major GST reset on the cards? Council mulls scrapping 12% slab, lowering tax on insurance, says reportThe GST Council is preparing for a major review, potentially reshaping tax rates on consumer goods and addressing the compensation cess arr...
- Changes in GST must be more comprehensive than mere rate reduction: CongressFinance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
- Union Budget 2024: Will FM Sitharaman address the complexities in India's tax system?Budget 2024: India's indirect tax landscape is in need of significant changes to promote economic growth and a more business-friendly envir...
- Govt capex-led capital formation key economy driver: Nilesh ShahThe focus has been to maintain growth momentum with a clear push on infrastructure. Capital expenditure is budgeted to rise 33% to ₹10 lakh...
- PM Modi's 'Gabbar Singh Tax' is now turning into 'Grahasti Sarvnaash Tax': Rahul GandhiThis after the GST Council - the highest decision-making body on the levy of goods and services tax - accepted most of the recommendations ...
- Centre denies reports of GST council planning to raise 5% tax slab to 8%The sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it.
- In matters of economy, there’s no place for politics, says Finance Minister Nirmala Sitharaman"Inflation is not much beyond the band that we should be considering. Yes, it keeps going up and down but it's coming down when we're takin...
- Food processing industry seeks 20% export sopThe high taxes on branded food products has led to an increase sale of food in loose form which is unsafe and unhealthy. This has also redu...
- Fuel shock: New challenge for team ModiEver-rising fuel prices is a political hot potato for the Modi government in the run-up to the 2019 polls.
- Budget 2012-13: Telecom players press for infrastructure statusThe telecom sector of the economy has come under increasing pressure and has been struggling for cash and debt routes have been constraint ...
- Budget 2012: IDSA seeks rationalisation of taxes & incorporation of GSTIDSA said said it is seeking rationalisation of taxes, reforms in allowing more foreign investment and incorporation of the GST in Budget 2...
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