Thursday, October 09, 2025

  • Twitter
Economy

September 8, 2025 2:58 PM

GST 2.0 reforms to boost defence, renewables, solar sectors: Report

India's capital goods-related segments, such as defence, renewable and industrial machinery, could hugely benefit from the revision of the Goods and Services Tax (GST) structure, a report has said. Defence procurement and indigenous manufacturing, h...

September 8, 2025 12:37 PM

GST 2.0: Fueling India’s commerce with simpler, smarter taxation

The GST Council, at its 56th meeting, approved a set of next-generation reforms aimed at simplifying India’s indirect tax regime, widening inclusivity and laying the groundwork for long-term growth. The changes, will come into effect from September...

September 4, 2025 7:55 PM

GST Reforms: Generous, Simplified, and Timed Well

The Narendra Modi Government is in a hurry, and for all the good reasons. An income tax cut for all those earning up to Rs. 12 Lakh per annum and rejigging the GST slabs in the same calendar year are signs of intent and commitment. The Modi Governme...

September 4, 2025 7:46 PM

Sweet or salted, popcorn now under single 5% GST slab

The GST Council has ruled that all varieties of popcorn will now attract a uniform 5% GST under the new regime. The decision ends years of confusion over how popcorn should be taxed. Earlier, loose salted popcorn was charged 5% GST, packaged or bran...

September 4, 2025 6:38 PM

GST rationalization brings most dairy products to nil or 5% rate

In a move to support India’s dairy sector, the 56th GST Council on Wednesday approved a rationalization of GST rates on milk and milk products. Under the new structure, which will take effect from September 22, most dairy items are now either exemp...

 

Last updated on: 9th Oct 2025