CPI Inflation Drops To Record Low As GST Rationalisation Takes Full Effect: Economists
To further bolster the impact of this period of low inflation, thrust should be laid on building infrastructure and logistics projects, strengthening agriculture supply chains to avoid food price spikes, and prioritizing technology-driven productivity gains in manufacturing and services, he added.
Nov 12, 2025, 19:40 PM IST
GST Reform To Boost GDP By Rs 20 Lakh Crore: Ashwini Vaishnaw
Speaking to the media, Vaishnaw stated that the reform is being welcomed nationwide because it enables people to save a greater portion of their income and makes the majority of everyday necessities more affordable.
Sep 22, 2025, 18:02 PM IST
PM Urges Nation To Use Made-In-India Goods; Says 'Be Proud Of Swadeshi Items'
Addressing the nation, Modi said the revised GST rates, set to come into effect from Monday, 22 September, go beyond mere tax cuts. He referred to the change as a “GST saving festival”, highlighting its potential to reduce the cost of daily necessities and stimulate demand-driven growth.
Sep 21, 2025, 17:07 PM IST
Nirmala Sitharaman: GST Reform Plans Took 18 Months To Shape
Sitharaman stressed that the reforms were not a reaction to the 50 per cent tariffs announced by former US President Donald Trump, which had sparked speculation that GST changes were aimed at boosting domestic demand to offset a potential USD 48 billion export hit.
Sep 09, 2025, 20:54 PM IST
Piyush Goyal Calls GST Reform A 'Gift To Nation', Highlights Shift From UPA Era
He emphasised that the Modi-led government had fulfilled this commitment, even during the Covid-19 pandemic, by ensuring compensation to states at the assured 14% growth rate despite economic challenges.
Sep 05, 2025, 19:21 PM IST
GST Rate Cut Will Counter US Tariff Hike, India To Keep Buying Russian Oil: FM Sitharaman
The government’s main focus would now be on ensuring that the GST rate cuts on various goods and services, that will kick in from Sept 22, are passed on to consumers," Sitharaman said in a media interview.
Sep 05, 2025, 17:53 PM IST
FMCG Distributors Seek Clear Guidelines On GST 2.0 Reforms
The appeal comes after the Group of Ministers (GoM) approved the Centre’s recommendation for a simplified two-slab GST structure. Under the proposed GST 2.0, the 12 percent and 28 percent slabs will be scrapped, while 5 percent and 18 percent will be retained. A new 40 percent slab is planned for sin goods.
Aug 24, 2025, 09:51 AM IST
GST Rate Overhaul: Sitharaman To Table Proposal Before GoM on Aug 20
The GoM, led by Bihar Deputy Chief Minister Samrat Choudhary, will meet in person at Vigyan Bhawan on August 20–21, beginning at 12 noon. A six-member state panel will discuss the Union government’s proposal to shift to a two-slab GST system.
Aug 19, 2025, 20:23 PM IST
Upcoming GST Reforms Improve India's Outlook For Consumption, Demand: Morgan Stanley
The central government is likely to conduct a major overhaul of GST, a major source of indirect tax rates. Morgan Stanley, in a report dated August 17, said this next-generation reforms should support consumption.
Aug 18, 2025, 17:27 PM IST
Stampede On Dalal Street: Bulls Run Wild As GST Reform Buzz And Ratings Upgrade Set Markets Ablaze
Indian stock markets surged at midday on Monday, August 18, powered by two significant catalysts fueling investor optimism.
Aug 18, 2025, 13:33 PM IST
How GST Rationalization Will Help Small Traders Reduce Compliance Burden And Boost India's Growth Story
India is at a critical juncture in its post-pandemic recovery journey. A leaner, simpler GST that empowers small traders, supports households, and nurtures domestic manufacturing could become one of the most influential reforms of the decade—uniting tax simplicity with inclusive economic growth.
Aug 15, 2025, 15:03 PM IST
One GST rate won't work in 'tax non-compliant' India: Arun Jaitley
He said that the reason behind India starting off with multiple rates under was that the country had 17 taxes and 23 cesses, which were all amalgamated into the GST.
Feb 27, 2018, 19:34 PM IST
GST will help in e-commerce export, but clarity on policy needed: Stakeholders
Though e-commerce players are expecting a surge in exports after the roll-out of India`s landmark Goods and Services Tax (GST) reform, industry stakeholders feel there is a need to expand the categories for benefits under the export policy.
Jun 12, 2017, 12:41 PM IST
Government may table GST Bill in Parliament today
The Union Cabinet this week cleared four supplementary Goods and Services Tax (GST) legislations which will be introduced in Parliament in the ongoing budget session.
Mar 23, 2017, 11:46 AM IST
GST rollout from July 1 to make goods cheaper: Jaitley
Finance Minister Arun Jaitley said on Wednesday that the government was hoping to implement the Goods and Services Tax (GST) by July 1 after the enabling Bills get Parliament`s nod in the current budget session.
Mar 22, 2017, 11:18 AM IST
Next parliament session can break tax deadlock: Arun Jaitley
Indian Finance Minister Arun Jaitley said on Saturday the upcoming budget session of parliament would be crucial for the passage of the proposed Goods and Services Tax (GST) that has been blocked in two successive sessions.
Jan 02, 2016, 15:36 PM IST
GST key reform for creating single market in India: World Bank
The proposed GST law is the most important reform towards creating a single market in India and if it is implemented by April 2016 then its impact will be visible by 2018, the World Bank said Wednesday.
Oct 28, 2015, 19:38 PM IST
GST watered down, can still add 0.6% to GDP growth: HSBC
Terming GST as one of the most promising reforms on anvil, global giant HSBC on Wednesday said the bill has been "watered down" but can still add a "sizeable" 60 basis points to India's GDP growth rate.
Aug 12, 2015, 13:30 PM IST