New Delhi: Global professional services firm EY on Monday raised India’s real GDP growth projection to 6.7 per cent — up from its earlier estimate of 6.5 per cent, owing to robust GST 2.0 reforms. The upward revision reflects expectations of monetary easing and stronger domestic demand from GST rate rationalisation amid global uncertainties, according…
New Delhi: The rollout of GST 2.0 rate cuts is set to bring direct relief to Delhi households by lowering their day-to-day expenses. At the same time, the move is expected to boost the city’s economy, as MSMEs, traders, and the hospitality sector gain from reduced input costs, stronger demand, and improved competitiveness. Widespread Impact…
Last Updated:September 23, 2025, 13:03 IST Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22 The GST cuts make automobiles more accessible.(Representative Image) Carmakers Maruti Suzuki India, Hyundai Motor India, and Tata Motors witnessed record sales on September 22, as the first day of the nine-day Navaratri festival…
Last Updated:September 22, 2025, 17:20 IST ‘GST reforms will boost savings and directly benefit every section of society, be it farmers, women, youth, poor, middle class, traders or MSMEs,’ says PM Modi. Prime Minister Narendra Modi said it is greatly heartening to see various shopkeepers and traders putting up ‘then and now’ boards which indicate…
New Delhi: The new Goods and Services Tax (GST) regime with sweeping tax reforms are coming into effect today. The GST 2.0 which was approved by the GST Council earlier this month will now be segregated into a simplified two-tier tax system replacing the previous four-slab system. This will lead to rate revision of over…
Last Updated:September 21, 2025, 18:05 IST Prime Minister Narendra Modi said GST 2.0 will ease business, boost investment, and help people save Rs 2.5 lakh with combined GST and Income tax cuts PM Modi said the GST reforms would boost the ease of doing business in the country. (PTI File) Prime Minister Narendra Modi, while…
Last Updated:September 21, 2025, 12:21 IST GST 2.0 Effective Date: GST reforms led by Nirmala Sitharaman start September 22, merging slabs to 5 percent, 18 percent, and 40 percent for sin goods. New rates of GST 2.0 will become effective from tomorrow, September 21. GST Reforms 2025 List: Goods and Services Tax (GST) reforms are…
New Delhi: The recent reduction and rationalisation of Goods and Services Tax (GST) slabs — bringing them down to two and exempting certain categories, including health and life insurance premiums — had been under discussion for nearly 18 months, Union Finance Minister Nirmala Sitharaman said at an NDTV summit on Tuesday. Sitharaman stressed that the…
New Delhi: Starting 22nd September 2025, GST on individual life and health insurance policies will no longer apply, marking a major relief for millions of policyholders across the country. This move is set to reduce the cost burden of essential coverage and expand access to financial protection. The exemption covers a wide range of products,…
Last Updated:September 05, 2025, 09:14 IST GST 2.0 simplifies slabs, cuts costs & boosts demand. Beyond FMCG, autos & cement, midcaps & smallcaps may emerge as real investor winners. GST 2.0:Beyond FMCG & autos, real winners may be mid & small caps India’s latest GST rationalisation, effective September 22, has replaced multiple slabs with a…
