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.

Jitan Ram Manjhi hails PM Modi’s vision, calls GST reform ‘historic’

IANS | September 4, 2025 3:20 PM

New Delhi, Sep 4 (IANS) Union Minister Jitan Ram Manjhi on Thursday lauded Prime Minister Narendra Modi’s development road map, calling the recent Cabinet decisions on Micro, Small and Medium Enterprises (MSMEs) and Goods and Services Tax (GST) “milestones” towards building a 'Viksit Bharat' by 2047.

Indian startups accelerate 'Aatmanirbhar Chips' roadmap under DLI Scheme

IANS | September 4, 2025 2:54 PM

New Delhi, Sep 4 (IANS) Backed by the government's Design Linked Incentive (DLI) Scheme, domestic chip design and IPR are accelerating across critical sectors, from surveillance and energy metering to networking and motor control, the Ministry of Electronics and IT said on Thursday.

GST rate cut across fisheries value chain to boost India’s Blue Economy: Govt

IANS | September 4, 2025 2:28 PM

New Delhi, Sep 4 (IANS) The fisheries sector has received a major boost under the latest GST reforms with a significant tax rate rationalisation which will help in the reduction of operational costs, enhance competitiveness in domestic and export markets, and directly benefit millions of fish farmers and other stakeholders dependent on fishing and aquaculture for their livelihoods in the country, an official statement said on Thursday.