On September 3, 2025, the Goods and Services Tax (GST) council recommended a two-tier GST rate system, meaning that most goods and services will now have only a 5% or 18% GST rate . Certain luxury and ...
India's Goods and Services Tax (GST), introduced in 2017, unified indirect taxes, simplifying compliance and fostering a national market. Recent rate cuts, despite simplifying the structure, have ...
Recent GST rate rationalisation is projected to cause a 0.1% of GDP revenue loss this fiscal year. However, a higher dividend payout from the RBI is expected to offset this shortfall. Analysts suggest ...
New Delhi: GST rate cuts have led to retail price reductions and increased household spending, which have offset the tariff-related impact on India’s exports, a report said on Tuesday. “Overall ...
October CPI inflation dropped to 0.25%, and Food inflation declined to -5.02%. The government noted that CPI data indicates the impact of the reduction in GST is visible across all sectors. Retail ...
The GST relief announced on 22 September arrived like an unexpected tailwind just as the festive advertising rush was beginning to gather pace. For weeks, marketers had been sitting on the fence, ...
While GST 2.0 lowers rates on goods, its unchanged levy on manpower supply services continues to impose a heavy burden on the formal use of temporary employment.(Mint) India's goods and services tax ...
Index May Hit 1L By Dec '26; External Factors Pose Risks, Say Analysts MUMBAI: What's in store for the Indian markets and the corporates in 2026? As the year 2025-marked by high volatility and ...
With new car prices dropping post-GST, pre-owned dealers are being forced to recalibrate their pricing. India’s auto industry posted a 40.5 per cent year-on-year jump in retail sales to 40,23,923 ...
In a LinkedIn post, the startup said that the evolving regulatory landscape in the real money gaming sector has led to complex legal hurdles The recent imposition of a 28% GST on the entire realised ...
Shares of Nazara Technologies slumped as much as 14% during the early trading on the BSE on Wednesday due to apprehensions about impact of the 28% GST rate on online gaming Nazara said that the 28% ...