Tag: GST Cut

Dalal street on Fire: Nifty, Sensex surge over 1% as GST cuts spark pre-Diwali rally

Experts said the present conditions are favourable for a bull run, and any further reduction in tariffs could help markets scale new all-time highs soon.

September 4, 2025

“Reduced to formality”: Jairam Ramesh questions GST Council’s role following tax reforms

The Congress MP said that Union Finance Minister made major announcements following the GST council meeting; however, the decisions were proclaimed by PM Modi during his Independence Day speech.

September 4, 2025

“Will boost economic growth, support India’s vision of Atmanirbhar Bharat”: Hardeep Puri lauds GST reforms

"By making GST simpler and more predictable, these changes will boost economic growth and further support India's vision of Atmanirbhar Bharat," the post added.

September 4, 2025

Chidambaram Welcomes GST Cuts but Slams Centre for “8-Year Delay”; TMC Calls It ‘Victory of People’

TMC pointed to Finance Minister Nirmala Sitharaman’s earlier defence of GST on insurance premiums, which party chief and West Bengal CM Mamata Banerjee had labelled “cruel” and “anti-people.”

September 4, 2025

Industry Leaders Welcome GST Cuts; Anand Mahindra Urges ‘More Reforms to Unlock Growth’

The comments came after Finance Minister Nirmala Sitharaman announced sweeping cuts in GST on essential goods, automobiles, agricultural inputs, healthcare, and electronic appliances.

September 4, 2025

GST reforms to boost affordability and consumption across sectors: Report

 report further added that consumer durables and automobiles will see increased demand due to lower GST rates on white goods and small vehicles.

August 19, 2025

Small Cars Could Get 8% Cheaper if GST Cut to 18%, Says HSBC Report

At present, passenger vehicles attract GST between 29 per cent and 50 per cent, as access is levied in addition to the standard 28 per cent tax depending on a vehicle’s size and length.

August 19, 2025