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 ...
The Goods and Services Tax (GST) Council, at its 56th meeting, announced a major overhaul of the tax structure, effective 22 September 2026. The current four-tier system has been rationalised into a ...
Union Budget 2026–27 proposes certain targeted amendments under GST. The changes are not rate-oriented but structural in ...
Experts discuss how GST enhances transparency, expands the tax base, and boosts purchasing power for middle-class households, ...
Finance Minister Nirmala Sitharaman announced that GST rate cuts, effective September 22, are expected to inject Rs 2 lakh crore into the economy. Post-reform, most items have shifted to lower tax ...
The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...
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 ...
India’s revamped Goods and Services Tax (GST) regime took effect on Monday, replacing the earlier four-tier structure of 5, 12, 18 and 28 per cent with a simplified two-slab system of 5 and 18 per ...
Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to ...
The transition to revised GST rates could lead to adverse impact on volumes to the tune of 2-3 per cent, a report by Nuvama Institutional Equities noted. It added that this was due to delayed consumer ...