#gst20
Two weeks after GST 2.0 rollout, tax cut benefits yet to reach most consumers
It has been more than two weeks since the rollout of GST 2.0 on September 22, but a nationwide consumer survey indicates that the expected benefits of lower taxes are not being fully passed on to buyers. The reform, which aimed to make a wide range of goods and services more affordable, appears to have produced uneven results across product categories, with automobiles emerging as the only sector showing substantial price reductions. According to a large-scale survey conducted acros
Two weeks after GST 2.0 rollout, tax cut benefits yet to reach most consumers
It has been more than two weeks since the rollout of GST 2.0 on September 22, but a nationwide consumer survey indicates that the expected benefits of lower taxes are not being fully passed on to buyers. The reform, which aimed to make a wide range of goods and services more affordable, appears to have produced uneven results across product categories, with automobiles emerging as the only sector showing substantial price reductions. According to a large-scale survey conducted acros
Modi Stands Firm on Trump Tariffs, Calls Russia Time-Tested Partner at UP Trade Show
Prime Minister Narendra Modi addressed the UP International Trade Show in Greater Noida and made it clear that India would not yield to tariff pressures from the United States. At a time when Washington has raised duties to unprecedented levels, Modi shifted focus to India’s long standing partnership with Russia. He referred to Russia as a time tested friend and expressed satisfaction that Moscow was the partner nation for this year’s exhibition. A
Modi Stands Firm on Trump Tariffs, Calls Russia Time-Tested Partner at UP Trade Show
Prime Minister Narendra Modi addressed the UP International Trade Show in Greater Noida and made it clear that India would not yield to tariff pressures from the United States. At a time when Washington has raised duties to unprecedented levels, Modi shifted focus to India’s long standing partnership with Russia. He referred to Russia as a time tested friend and expressed satisfaction that Moscow was the partner nation for this year’s exhibition. A
GST Council Approves New Measures to Ease Compliance and Rationalize Tax Slabs
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
GST Council Approves New Measures to Ease Compliance and Rationalize Tax Slabs
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise
The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an
GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise
The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an









