Impact Of Gst Rates
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GST 2.0 To Kick In From Monday, Goods And Services To Get Cheaper
Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday as the reduced GST rates on about 375 items come into effect.
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
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'GST Overhaul A People's Reform, Touches Every Family': Nirmala Sitharaman
Calling the landmark GST overhaul a 'people's reform', Finance Minister Nirmala Sitharaman on Saturday said that rationalisation of rates for a wide swath of products will benefit every family, boost consumption, and bolster the economy.
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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Will Flights And Hotels Get Cheaper Now? How Revised GST Rates Impact Travel
The Goods and Services Tax (GST) Council approved a significant overhaul of tax rates on hotel stays and air travel during its 56th meeting on September 3, 2025
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'Long Overdue But...': Opposition's '1 Nation, 9 Taxes' Jab Over GST Overhaul
The Goods and Services Tax Council's rationalisation of tax slabs - reducing four brackets to two while exempting several 'daily use' items, including premiums on health and life insurance - has been received with scepticism by the Congress.
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Markets Cheer Centre's GST Bonanza, Sensex Rises Nearly 700 Points
The Indian stock market on Thursday opened in the green, a day after the Union government approved a complete overhaul of the Goods and Services Tax (GST) system.
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iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR Price in India Increased Due to GST Rate Impact
Apple has revised the iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR, and the iPhone 7 price in India on account of the increased GST that came into effect earlier today.
-
TVs, Monitors, Cameras, Gaming Consoles, Power Banks Could Get Cheaper After GST Rate Cut
GST on these items has been cut from 28 percent to 18 percent.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
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Trying To Bring Petrol, Diesel Under GST, Says Dharmendra Pradhan
The spike in petrol rates in the international market has impacted the cost of the fuel in India, the Union Oil Minister said.
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
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Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
-
Hyundai India Top Boss Reacts Strongly To Changes In GST Cess
Hyundai Motor India top boss YKKoo hit out at the frequent changes in tax rates on automobiles and went on to state that all the changes will have an adverse impact on the companys investment for new products and technology in India considering that there is an absence of a long term policy.
-
10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know
The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...
-
GST 2.0 To Kick In From Monday, Goods And Services To Get Cheaper
Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday as the reduced GST rates on about 375 items come into effect.
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
'GST Overhaul A People's Reform, Touches Every Family': Nirmala Sitharaman
Calling the landmark GST overhaul a 'people's reform', Finance Minister Nirmala Sitharaman on Saturday said that rationalisation of rates for a wide swath of products will benefit every family, boost consumption, and bolster the economy.
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
Will Flights And Hotels Get Cheaper Now? How Revised GST Rates Impact Travel
The Goods and Services Tax (GST) Council approved a significant overhaul of tax rates on hotel stays and air travel during its 56th meeting on September 3, 2025
-
'Long Overdue But...': Opposition's '1 Nation, 9 Taxes' Jab Over GST Overhaul
The Goods and Services Tax Council's rationalisation of tax slabs - reducing four brackets to two while exempting several 'daily use' items, including premiums on health and life insurance - has been received with scepticism by the Congress.
-
Markets Cheer Centre's GST Bonanza, Sensex Rises Nearly 700 Points
The Indian stock market on Thursday opened in the green, a day after the Union government approved a complete overhaul of the Goods and Services Tax (GST) system.
-
iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR Price in India Increased Due to GST Rate Impact
Apple has revised the iPhone 11 Pro Max, iPhone 11 Pro, iPhone 11, iPhone XR, and the iPhone 7 price in India on account of the increased GST that came into effect earlier today.
-
TVs, Monitors, Cameras, Gaming Consoles, Power Banks Could Get Cheaper After GST Rate Cut
GST on these items has been cut from 28 percent to 18 percent.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
-
Trying To Bring Petrol, Diesel Under GST, Says Dharmendra Pradhan
The spike in petrol rates in the international market has impacted the cost of the fuel in India, the Union Oil Minister said.
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
-
Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
-
Hyundai India Top Boss Reacts Strongly To Changes In GST Cess
Hyundai Motor India top boss YKKoo hit out at the frequent changes in tax rates on automobiles and went on to state that all the changes will have an adverse impact on the companys investment for new products and technology in India considering that there is an absence of a long term policy.
-
10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know
The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...
