Mumbai, Sep 4 (IANS) Mukesh Ambani, Chairman and Managing Director of Reliance Industries and Reliance Retail, on Thursday welcomed the second-generation reforms of the Goods and Service Tax (GST) rates, congratulating Prime Minister Narendra Modi for delivering on his promise of a historic “Diwali Gift to the people of India”.
New Delhi, Sep 4 (IANS) The government's move to revamp the goods and services tax (GST) structure with two major slabs of 5 per cent and 18 per cent will put more money in the hands of rural people amid increasing prosperity in the far-flung regions, NABARD Chairman Shaji KV said on Thursday.
New Delhi, Sep 4 (IANS) Prime Minister Narendra Modi on Thursday held telephonic conversation with European Council President Antonio Costa and European Commission President Ursula von der Leyen, reaffirming the shared commitment for an early conclusion of the India-EU Free Trade Agreement (FTA) negotiations and implementation of the India-Middle East-Europe Economic (IMEEC) Corridor.
New Delhi, Sep 4 (IANS) India has significantly decreased its reliance on imported pulses from 6.61 million tonnes (MT) in 2016-17 to 2.496 MT by 2022-23 driven by government schemes, including the sharp hike in the Minimum Support Price (MSP) on major pulse crops, attracting farmers to increase cultivation, according to a NITI Aayog report.
New Delhi, Sep 4 (IANS) The new GST 2.0 regime is all set to not only simplify processes to ease the burden on businesses but also empower the middle class and the poor in terms of the cost of everyday essentials, Sanjeev Sanyal, a member of Prime Minister Narendra Modi's Economic Advisory Council (EAC), said on Thursday.
New Delhi, Sep 4 (IANS) Aadhaar-based authentication continues to see strong growth, with number holders carrying out more than 221 crore authentication transactions in August, according to data released by the Unique Identification Authority of India (UIDAI) on Thursday.
Nashik, Sep 4 (IANS) Dairy traders in Maharashtra’s Nashik and Gujarat on Thursday welcomed the Central Government’s GST 2.0 reforms, calling them a significant step towards economic relief and growth. They further said that this is a great step towards Prime Minister Modi's goal of an 'Aatmanirbhar Bharat'.
New Delhi, Sep 4 (IANS) The Central government has given a major Diwali gift to the common citizen by reducing GST rates, economists said, noting that this move will not only boost demand during the festive season but also help offset the losses caused by recent US tariffs.
Gandhinagar, Sep 4 (IANS) In a wave of appreciation across Gujarat, traders and locals on Thursday have welcomed the sweeping reforms introduced under GST 2.0. As the GST Council approved a major overhaul of the Goods and Services Tax regime, citizens expressed optimism that this Diwali will be brighter and more affordable for the common man.
New Delhi, Sep 4 (IANS) India’s electronics and appliance industry leaders praised GST rationalisation as a landmark reform that will simplify taxation, increase disposable incomes and boost consumer demand.
