Business News: Economy & Markets

This Diwali to be happier for common people: Gujarat traders, locals hail GST 2.0 reforms

IANS | September 4, 2025 5:32 PM

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.

GST rate cut on ACs, TVs, home appliances will revive consumption demand: Industry leaders

IANS | September 4, 2025 5:27 PM

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.

GST reforms a step to boost Atmanirbhar Bharat, contribute to India’s growth story: Piyush Goyal

IANS | September 4, 2025 5:10 PM

New Delhi, Sep 4 (IANS) Union Minister for Commerce and Industry Piyush Goyal on Thursday termed the reforms made in Goods and Services Tax (GST) as a step towards ‘Atmanirbhar Bharat’ and called upon 140 crore Indians to come together with the collective resolve to make India Viksit Bharat by 2047.

Jharkhand: Hazaribagh welcomes GST 2.0, locals thank PM for relief from inflation

IANS | September 4, 2025 4:56 PM

Hazaribagh, Sep 4 (IANS) In a wave of appreciation, the people of Jharkhand's Hazaribagh on Thursday have welcomed the Central Government’s announcement of GST 2.0, calling it a timely and historic decision that brings much-needed relief from inflation.

Common man will get major relief: Laghu Udyog Bharati of Jodhpur welcomes GST 2.0 reforms

IANS | September 4, 2025 4:31 PM

Jodhpur, Sep 4 (IANS) Laghu Udyog Bharati on Thursday welcomed the reforms introduced under GST 2.0, calling them a major relief for the common man and a catalyst for economic growth. The changes, approved in the 56th meeting of the GST Council and announced by Finance Minister Nirmala Sitharaman are set to simplify the tax structure and boost business confidence across sectors.

GST 2.0: Salted popcorn to attract 5 pc, caramel-flavoured 18 pc

IANS | September 4, 2025 4:29 PM

New Delhi, Sep 4 (IANS) The GST Council has finally settled the long-running debate over how popcorn should be taxed in India as under the new GST 2.0 regime, popcorn mixed with salt and spices will attract 5 per cent GST, whether it is sold loose or in pre-packaged and labelled form.

Mixed reaction from farm unions on GST reduction in farm inputs

Jayanta Bhattacharya | September 4, 2025 4:21 PM

New Delhi, Sep 4 (IANS) The Goods and Services Tax (GST) Council, in its 56th meeting chaired by Union Finance Minister Nirmala Sitharaman on September 4, approved a cut from 18 per cent to five on major agricultural inputs like tractors, machinery, fertilisers, and irrigation equipment.

Indian indices end marginally up as profit booking, IT stocks erase early gains

IANS | September 4, 2025 4:05 PM

Mumbai, Sep 4 (IANS) The domestic equity indices ended the session slightly up on Thursday amid volatility. The Sensex surged over 900 points in opening trade, driven by optimism over GST reforms. However, it lost most of the gains due to profit booking and selling in IT stocks.

Piyush Goyal urges India Inc. to pass on entire GST rate cut to consumers

IANS | September 4, 2025 3:49 PM

New Delhi, Sep 4 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Thursday urged India Inc. to pass on to consumers the benefit of the GST rate cut that has been announced across several categories of goods in order to boost demand and spur growth in the economy.

GST reforms may bring vehicle prices down by up to 8.5 pc: Report

IANS | September 4, 2025 3:35 PM

New Delhi, Sep 4 (IANS) The government's decision to revamp the Goods and Services Tax (GST) structure with three slabs of 5 per cent, 18 per cent and 40 per cent will turn out to be a big benefit for automobile industry and customers as the prices across the segment would go down up to 8.5 per cent, a report said on Thursday.

Business

This Diwali to be happier for common people: Gujarat traders, locals hail GST 2.0 reforms

GST rate cut on ACs, TVs, home appliances will revive consumption demand: Industry leaders

GST reforms a step to boost Atmanirbhar Bharat, contribute to India’s growth story: Piyush Goyal

Jharkhand: Hazaribagh welcomes GST 2.0, locals thank PM for relief from inflation

Common man will get major relief: Laghu Udyog Bharati of Jodhpur welcomes GST 2.0 reforms

GST 2.0: Salted popcorn to attract 5 pc, caramel-flavoured 18 pc

Mixed reaction from farm unions on GST reduction in farm inputs

Indian indices end marginally up as profit booking, IT stocks erase early gains

Piyush Goyal urges India Inc. to pass on entire GST rate cut to consumers

GST reforms may bring vehicle prices down by up to 8.5 pc: Report

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