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GST WASHING MACHINES
India markets outlook: Varun Goel sees opportunity in 4 sectors amid geopolitical tensionsIndian equity markets are in a rangebound phase, presenting opportunities for investors. Strong macroeconomic fundamentals support a positi...
Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
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....
Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
White goods firms under NAA lens for pocketing GST rate cutsThe anti-profit authority is examining whether companies pocketed profits after the government slashed GST rates on washing machines, TVs a...
Tax on TV, fridge, commonly used household items came down post GST: FinMin reportThe GST has five tax slabs of 0, 5, 12, 18 and 28 per cent with daily essential items attracting 'nil' tax rates and some white goods, apar...
Bosch, Siemens cut washing machine, fridge prices by 7-8%The government recently had decreased the GST rates from from 28 per cent to 18 per cent on 15 items, including washing machine, fridge, la...
Companies to cut prices of washing machines, fridges, small appliances by 7-8% post GST cutThe GST Council had announced in reduction in rates on a number of items from 28% to 18% at its last meeting.
GST Council cuts rates: TV, fridge, washing machines to get cheaper, here are all the detailsRates for 17 white goods, including refrigerators, TVs, juicers and vacuum cleaners have been cut by 10%.
GST rate cuts: Discretionary spending likely to gather steamDiscretionary spending on electronics has been down since demonetisation in November 2016.
Consumer Durable makers welcome move to reduce GST on white goodsThe GST Council has decided to reduce tax rates on several general-used items like TV (below 26 inch), washing machines and refrigerators f...
Appliance makers bat for manufacturing incentives in Budget 2018The makers are also expecting tax reduction on the energy efficient 5 star and 4 star products to increase adoption by the consumers.
GST on white goods may be cut; refrigerators, washing machines could soon be cheaperThe move is likely to be a boost for the sector reeling under excess capacity and slowdown. The economy will get a fillip from the likely c...
Government looks to cut GST on white goodsThe official said that a part of the reason for lower levy on restaurants was also to free women from household chores.
GST Rates: Items that will continue to be expensiveOnly luxury and sins goods are now only in the highest tax bracket and items of daily use are shifted to 18 per cent.
Intex consumer durable division to double turnover to Rs 2000 croreThe company’s consumer durable division is hoping to double its turnover in the current year to Rs 2000 crore, the business head of the div...
TV, AC to cost more; smartphones to be cheaper under GSTThe GST Council had earlier this month put over 1,200 goods and 500 services in four tax slabs of 5, 12, 18, 28 per cent.