Daily Latest News
Last Updated:October 06, 2025, 17:47 is As GST 2.0 reforms simplify compliance, cut costs, and stoke consumer spending, brokerage firms turn overweight on sectors like autos, healthcare, BFSI, and consumer discretionary. The overhaul of the indirect tax regime collapses the earlier four-slab system of 5%, 12%, 18%, and 28% into just two: 5% and 18%….
Last Updated:October 03, 2025, 20:24 is The tax relief has empowered families to spend more freely, leading to record-breaking upgrades in vehicles and home appliances The rationalisation of GST slabs by the government, which eased the tax burden on aspirational and essential goods, has successfully fostered an environment of confident spending. (Representational image/News18) India’s consumer economy…
Delhi/Mumbai19 minutes ago Copy link Maruti Suzuki, Hyundai and Tata Motors say their sales in Navratri have increased by 100-133% so far. (File photo) Navratri and Dussehra have brought a new beauty to the consumer market. People are enthusiastic due to the decrease in GST on many products. Different companies have shared sales figures between…
New Delhi: The recent GST rate rationalisation is set to boost Bihar’s economy, rooted in agriculture, handlooms, handicrafts and food processing — easing the burden on consumers, supporting rural livelihoods, strengthening MSMEs and enhancing competitiveness in exports, an official statement said on Saturday, as reported by IA. From makhana farmers in Mithila to silk weavers…
New Delhi: Reduction in the Goods and Services Tax for room air conditioners (RAC) is set to lower consumer prices up to Rs 3,000, beyond the anticipated cost increase from new energy efficiency norms, a report said on Thursday. The GST reduction on sub-2-tonne RACs is likely to bring down prices by approximately 6–8 per…
New Delhi: From 22 September 2025, revised GST rates on several goods and services have come into effect, based on the GST Council’s decisions. The changes aim to simplify rates, remove anomalies, and make the system easier for both businesses and consumers. The GST reform includes a historic reduction in taxes on over 390 items….
New Delhi: Riding on robust domestic demand, Goods and Services (GST) rate rationalisation and income tax reforms, India’s GDP growth is set to hold steady at 6.5 per cent this fiscal (FY26), a report by S&P Global said on Tuesday. The report expects domestic demand to remain strong, supported by a largely benign monsoon season,…
Last Updated:September 23, 2025, 11:43 is The GST Council has brought local e-commerce delivery services under Section 9(5) of the Central GST Act. Swiggy and Zomato are subject to 18% GST on their delivery fees. (Photo Credits: X) Your online food orders just got a little pricier. Fees on platforms like Swiggy and Zomato are…
There is a boom of festivals, there is a crowd in showrooms and fireworks on the sales charts of companies. After the GST exemption, the cuts in the prices of cars have been so excited by the customers that the vehicles are being sold by putting lines. On the one hand, Maruti Suzuki has broken…
New Delhi: Traders and business owners on Monday welcomed the next generation GST reforms, saying the changes will increase purchasing power, lower prices of essential items and give a big push to the economy. They also praised Prime Minister Narendra Modi for introducing the measures during the festive season. S.K. Sarda, a branded clothing store…