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GST REJIG
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demandBritannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move seeks to boost agility...- Congress accuses PM Modi of claiming “sole ownership” of GST reformsCongress has criticized Prime Minister Modi for allegedly taking undue credit for GST reforms, asserting that the changes remain insufficie...
- Discoms in line for Rs 3,000 crore power boost from green energy GST cutThe reform is not only about easing the financial stress of discoms but also about reshaping the cost structure of India’s renewable indust...
- 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 not applicable on post-sale discounts given by manufacturers to dealersThe CBIC has clarified that post-sale discounts from manufacturers to dealers for competitive pricing and sales promotion are not subject t...
- Automobiles and ancillaries get a big push through GST reformsGST rates for vehicles and auto parts are set to decrease. This move aims to make vehicles more affordable. It also seeks to boost demand a...
- Sitharaman writes to state FMs, thanks them for role in GST overhaulUnion Finance Minister Nirmala Sitharaman thanked state finance ministers for their support in overhauling the Goods and Services Tax (GST)...
- GST rate cuts will improve affordability and give a fillip to consumption: Morgan StanleyMorgan Stanley anticipates a significant boost in consumption due to the GST structure rationalization, particularly benefiting low-income ...
- GST Council meets Wednesday; tax cuts on daily use items in offingThe Goods and Services Tax Council will soon consider a major GST reform. The Centre proposes to reduce tax rates on many daily use items. ...
- 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...
- Centre, states stare at fiscal tensions from India's big tax cut proposalModi's government plans GST tax cuts. This move may cause revenue loss for states. States and the center will negotiate revenue sharing. So...
- GST Council to hold 55th meet on December 21 in Jaisalmer, RajasthanUnion Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council...
- Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council m...
- In Focus: Inverted duty structureGST Council will take up tax structure rejig on March 14 to correct the inverted duty structure in many sectors. ET looks at the reasons as...
- Govt taking steps to boost consumption: Nirmala SitharamanThe FM said the government has expedited payments to those who have rendered services especially the MSMEs.
- Trend of over Rs 1 lakh cr GST collection is sustainable: Suresh Rohira, Grant ThorntonThis government’s tax collection figures are much better than the erstwhile regime, says Rohira.
- Finance minister Arun Jaitley hints at further rejig of GSTArun Jaitley also hit out at critics who linked rate cuts on about 200 items on Friday to Gujarat elections. He said it was “juvenile polit...
- Some rejig in GST rate structure required: Hasmukh Adhia"There is a need for harmonisation of items chapter wise and wherever we find there is a big burden on small and medium businesses and on c...
- Happy that Budget didn't hike duties on cigarettes: KK Modi, Modi EnterprisesIn an exclusive chat with ET Now, KK Modi, Modi Enterprises, says he is glad that the government is thinking of moderation in tax hikes on ...
- Top three reasons why Sensex gained over 500 points in trade todayMarkets rallied on hopes that GST could well see the light of the day as govt is determined to stick to its timeline of April 2016.
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