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S&P does not think the Indian government would reform the GST “to the point that it would hit fiscal revenues”.
The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...
All two-wheeler makers would also benefit, with domestic players expected to gain more. However, such a move could impact GST ...
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
The government of India is planning a thorough GST reform to ease the burden off the Indian consumers and boost demand of ...
The proposed GST reforms are boosting the Indian stock market and FMCG sector, with a projected ₹1.98 lakh crore consumption increase. Analysts note a recovery trend, particularly in rural demand, but ...
That said, the Prime Minister’s speech has raised expectations. “If the rates are revised, it will encourage more customers ...
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HT Auto on MSNSmall cars in India may get cheaper by 8% with GST reform, hints study
Small cars are likely to be cheaper by eight per cent, while the bigger ones will see a price cut by about five per cent.
Lower prices during the festive season will likely encourage more people to buy vehicles. This move is expected to increase demand across the auto sector, including two-wheelers, small cars, and ...
Sensex and Nifty are experiencing a significant upswing, propelled by a credit ratings upgrade from S&P and the Centre's planned Goods and Services Tax revamp ...
Prime Minister Narendra Modi, in his speech about GST reforms, said, "This Diwali, I am going to make it a double Diwali for you... Over the past eight years, we have undertaken a major reform in ...
Global investment advisory firms welcome proposed GST reform, expecting a streamlined two-rate structure to boost consumption ...
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