New Delhi, Sep 4 (IANS) The GST Council's decision to abolish the 12 per cent and 28 per cent indirect tax slabs and to have only 5 per cent and 18 per cent slabs is a silent yet deep-impact reform that will boost consumer sentiment and set the stage for the equity market's trajectory, a report said on Thursday.
New Delhi, Sep 4 (IANS) India's internet subscribers surpassed 1 billion, reaching 1,002.85 million by June 30, 2025, surging 3.48 per cent from March, driven by broadband growth, government data said.
New Delhi, Sep 4 (IANS) NSE Managing Director and CEO Ashishkumar Chauhan on Thursday welcomed the government’s decision to simplify the Goods and Services Tax (GST) structure, saying that lower tax rates will leave more money in the hands of people, who will spend more, thereby creating a virtuous cycle for the economy.
New Delhi, Sep 4 (IANS) Prime Minister Narendra Modi on Thursday highlighted that India’s postal system has now become the world’s largest doorstep banking network, and the humble postman is playing the role of the harbinger of financial inclusion.
New Delhi, Sep 4 (IANS) The country’s leading industry chambers on Thursday welcomed the GST Council’s decision to reduce tax slabs from four to two, saying the move will bring major relief to the common citizens by leaving more money in their hands.
Varanasi, Sep 4 (IANS) A wave of happiness has swept through Prime Minister Narendra Modi's parliamentary constituency, Varanasi following a significant reduction in GST rates. Both traders and common citizens on Thursday expressed relief and gratitude, calling it a welcome move that eases financial pressure and boosts business.
New Delhi, Sep 4 (IANS) The 50 per cent punitive US tariff imposed on Indian goods is increasingly being seen as more to do with President Donald Trump’s ego being hurt over New Delhi contradicting his claim of having brokered the ceasefire with Pakistan after Operation Sindoor rather than any economic rationale.
New Delhi, Sep 4 (IANS) The Goods and Services Tax (GST) Council has reduced the tax on renewable energy devices and manufacturing parts from 12 per cent to 5 per cent, effective from September 22 this year.
New Delhi, Sep 4 (IANS) India has added 30 gigawatts (GW) of renewable energy generation capacity so far this year and is expected to close 2025 with an addition of up to 43 GW, Union Minister for New and Renewable Energy, Pralhad Joshi, has said.
New Delhi, Sep 4 (IANS) Calling the reforms made in the Goods and Services Tax (GST), truly next-gen in nature, Union Health Minister J.P. Nadda on Thursday said that it will bring down the healthcare costs and lead towards a fit and healthy Bharat.
