17 h. ago GST Rate Cuts To Lower India's Retail Inflation By One Percentage Point: Economists

GST Rate Cuts: Apart from lowering inflation, GST rationalisation is expected to boost consumption and provide a leg up to private consumption.

Economics

19 h. ago GST Rate Cut Impact On HDFC Life: Morgan Stanley Cities Limited Effect; UBS Remains Cautious

Both brokerages assess the effect as limited, but their ratings and target prices differ due to the diverse views on the insurer's ability to navigate the changes.

Politics

39 h. ago GST Rate Cuts: Planning To Buy Your Dream Car Now? Check Which Models Got Cheaper And Costlier

GST Rate Cuts: Here is a list of cars which will get expensive and cheaper after the new GST tax slabs

Economics

41 h. ago GST Rate Cuts: Salon, Gym, Yoga Centre Services To Get Cheaper

GST on health clubs, salons, barbers, fitness centres, yoga, etc, has been slashed from 18% with Input Tax Credit (ITC), to 5% without tax credit.

Politics

43 h. ago Apparel Stocks Trade Higher As GST Cuts Tax Rates To 5%: Trent, Arvind Fashion Lead Gains

The 56th GST Council, decided to raise the threshold for footwear and apparel in the 5% slab to Rs 2,500 per piece, from Rs 1,000 per piece.

Economics

43 h. ago Stock Market Today: Why Nifty 50, Sensex Are Rallying? Thank GST Cuts And Domestic Inflows

The Nifty 50 and BSE Sensex rose for the second day. Both benchmarks jumped as much as 1.1% during early trade.

Politics

44 h. ago Auto Stocks Zoom On GST Rate Cuts: Escorts Kubota, M&M, Eicher Motors Lead Pack

The GST Council Meeting, announced GST on small electric cars, electric SUVs and luxury electric cars to remain at 5%.

Politics

44 h. ago Consumer Durables Rally On GST Rate Cuts: PG Electroplast, Amber Ent Lead Gains

Shares of major players in the consumer durables and electronics manufacturing services space, such as Voltas, Havells, and Dixon Technologies, have seen their stock prices rise.

Politics

45 h. ago Spend Or Save? GST Reform Benefits To Hinge On Household Confidence

An important aspect to watch for is whether GST rate cuts lead to a one-time spurt in consumption or a more permanent pattern overtime.

Politics

45 h. ago Stock Picks Today: Consumer Goods In Focus After GST Cuts; Voltas, Havells On Brokerages' Radar

Brokerages including CLSA, Jefferies, UBS, Morgan Stanley, Bernstein, and JPMorgan have issued commentary on the GST rate cut, highlighting a positive outlook for consumption-driven sectors.

Politics

47 h. ago "Welcome But Too Late": Congress's P Chidambaram On GST Reforms

Senior Congress leader and Rajya Sabha MP P Chidambaram has welcomed the Centre's recent GST rationalisation and rate cuts but criticised the move as being "8 years too late".

Politics

55 h. ago Individual Life And Health Insurance Policies To Be Exempt From GST

The GST on health and insurance products, which stood at 18 per cent, has been cut to zero, in a major revamp of the GST rate structure.

Events

61 h. ago Nifty Reclaims 24,700, Sensex Ends 400 Points Up Ahead Of GST Rate Decision

In terms of points contribution, HDFC Bank Ltd and Tata Steel Ltd. contributed the most to the gains in the Nifty.

Politics

3 d. ago Sugar Stocks Spike After Govt's Ethanol Order: Shree Renuka, Dwarikesh Lead Gains

Sugar stocks surged on Sept. 2 after the government permitted sugar mills and distilleries to make ethanol. Shree Renuka shares have spiked over 12% so far.

Events

1 week ago CBIC Cautions Against 'Premature Speculation' Ahead Of GST Council Decision On Rate Cut

The GST Council that comprises of the Centre and states will take a collective decision on the proposal to cut tax slabs.

Politics

1 week ago GST Reforms: Rollout Of New Tax Rates Likely Around September 22

GST Reforms: The Goods and Services tax Council, headed by finance minister Nirmala Sitharaman, will rollout the new GST tax slabs by around Sept 22 to boost India's festive demand, government...

Politics

1 week ago Hero MotoCorp, Maruti Suzuki Biggest Beneficiaries Of Upcoming GST Rate Cuts Despite 'Temporary Blip'

GST rate cuts will benefit the 'entire auto industry', say experts. However, customers are not purchasing new cars for now to avail the discounts.

Politics

2 w. ago Maruti, Ashok Leyland, M&M Best Placed, Low Tax To Drive Autos Upcycle: Morgan Stanley On GST Rate Cuts

Morgan Stanley said in its note that automobiles fall under the 28% GST bracket and a major tax cut could drive the next virtuous upcycle for automobiles.

Politics

2 w. ago AC Stocks Blue Star, Voltas Surge On GST Rate Cut Expectations

Voltas led the rally with nearly 10% surge, followed by Blue Star. PG Electroplast, and EPACK Durable are the other AC stocks that have risen over 7%.

Politics