Goods and Services Tax (GST) rate cuts are expected to support credit growth, with system credit projected to grow 12% in FY26 and 13% in FY27, according to a report by Motilal Oswal Financial ...
Automobile and FMCG sectors anticipate growth as GST 2.0 reforms stabilize demand and boost sales in upcoming months.
According to the government, nearly ₹24,000 crore has been collected as GST from the health and life insurance segment in the last three years.(MINT_PRINT) The rate of goods and service tax (GST) paid ...
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a ...
GST exemption significantly boosts health insurance coverage, increasing the average sum insured by 31%, according to a ...
The report notes that demand sustained post festive season, which led to reduction in inventory days to 44 to 46 days at the ...
New Delhi, Sep 19: The recent Goods and Services Tax (GST) rationalisation will not have a significant fiscal burden on the government, a Crisil report has said. The government has estimated a net ...
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the ...
New Delhi, Dec 24: Recent reforms under GST 2.0 show that simplification and tax moderation can coexist with strong revenue growth, a report said on Wednesday, calling for freezing peak tax rates and ...
The report recommends pegging the peak indirect tax rate, including cesses to 18 per cent The long lasting success of Goods and Services Tax (GST) lies in moving towards a single nationwide tax rate, ...
The 54th meeting of the Goods and Services Tax (GST) Council, under the leadership of FM Nirmala Sitharaman, is all set to begin on Monday. The council this time will discuss several issues that could ...
The recent changes in GST rules for the food services sector are expected to have a mixed impact, with food delivery platforms facing higher costs while QSRs stand to benefit from tax reductions, ...