69 m. 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

3 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

14 h. ago Auto Industry Likely To Return To 7% Growth With GST Rate Rationalisation

Maruti Suzuki India Chairman RC Bhargava said the automotive industry would be a direct beneficiary of faster economic development.

Politics

15 h. ago GST 2.0: SBI Research Sees Minimal Tax Loss, Thanks To Spending Pickup

Overall, SBI Research sees CPI inflation easing by 65–75 bps over the next fiscal.

Economics

18 h. ago No GST On Health, Life Insurance: Here's How Much You Can Save Annually

However, insurers face a challenge of being left with a GST liability on their expenses while their GST incoming has been removed.

Politics

20 h. ago Auto Sector Leaders Cautious Over Immediate Gains, Project Long

Electric vehicles will continue to attract a GST rate of 5%, while other categories have now been put under either 18% or 40%.

Politics

23 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

24 h. ago Tax Cuts, Sales Boost: Everything You Need To Know About New GST Rates

Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September...

Economics

24 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

25 h. ago Bidis To Get Cheaper, Cigarettes And Gutkha Costlier. Here's Why

While prices of cigarettes and other tobacco products, such as Gutkha, are set to rise after the GST reforms announced yesterday, the humble bidi will see a marginal drop in prices

Politics

26 h. ago GST For EVs Steady At 5%: Why Did GoM Propose A Rate Hike Of 18%?

The GST Council clarified that all categories of EVs, whether mass-market or luxury, will continue under the 5% rate with no additional cess

Politics

26 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

27 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

27 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

27 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

27 h. ago Salted Or Caramel? GST Council Clears Confusion Over Popcorn Taxes

The long-running debate over how popcorn should be taxed under the Goods and Services Tax (GST) has finally been settled.

Politics

28 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

29 h. ago "Big Diwali Gift": Businessman Harsh Goenka On GST Rates Revision

Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian.

Politics

29 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

31 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