Tag: Ministry of Micro Small and Medium Enterprises (MSME)

AK-203 Rifle Production to Begin in Uttar Pradesh, Says PM Modi at Trade Show

He further highlighted the Uttar Pradesh Defence Corridor, where the production of BrahMos missiles and other weapon systems is already underway, describing it as vital to India’s long-term defence strategy.

September 25, 2025

Ashwini Vaishnaw Defends GST Reforms, Accuses UPA of Creating “Tax Terror”

He emphasised that refrigerators and televisions should not be considered luxury items, noting that reduced taxes now make them accessible for ordinary families.

September 22, 2025

Ashwini Vaishnaw: GST Reforms Will Help Households Save on 99% of Daily Essentials

“We need to make one more resolution to use swadeshi as much as possible in our day-to-day life,” he added.

September 22, 2025

GST cuts to boost economy, but revenue loss could hit banking sector: Report

"A huge revenue loss could constrain government's capital expenditure spend, squeezing the credit demand from the infrastructure sector," the report stated.

September 20, 2025

Automobiles and ancillaries get a big push through GST reforms

This reform is poised to make vehicles more affordable, enhance logistics efficiency, and stimulate demand in both urban and rural markets, according to the Ministry of Road Transport and Highways.

September 12, 2025

Textile sector needs incentive cushion as 50% US tariffs too steep to absorb: Report

The report highlighted that such high tariff levels will lead to erosion of already low margins in the sector, which is struggling to stay competitive in global markets.

September 9, 2025

New GST slabs to ease burden on common man, small traders, MSMEs: MoS Finance Pankaj Chaudhary

The minister said that the reform will bring ease of doing business in multiple fields and be a huge relief for the healthcare & insurance sector.

September 4, 2025

NDA Chief Ministers Hail PM Modi, FM Sitharaman for “Historic” GST Reforms

Maharashtra CM Devendra Fadnavis lauded the abolition of the 12% and 28% GST slabs, calling it a “truly historic reform.”

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

Congress Seeks Discussion Paper on GST 2.0 After PM Modi Promises ‘Double Diwali Gift’

Congress General Secretary Jairam Ramesh said GST must evolve into a “Good and Simple Tax” instead of remaining a “Growth Suppressing Tax.”

August 16, 2025