GST: News
GST rate cuts benefiting consumers across all categories: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has confirmed that the benefits of the recent Goods and Services Tax (GST) rate cuts are reaching consumers across all categories.
GST probe expands to online travel portals following hotel notices
The Goods and Services Tax (GST) department has expanded its investigation to include online travel portals.
Retail inflation slips to 8-year low of 1.54% in September
India's retail inflation fell to a multi-year low of 1.54% in September, down from August's two-month high of 2.07%.
How Diwali weekend is driving high travel bookings across India
The hospitality and travel sectors are witnessing a significant surge in demand this festive season, especially ahead of the long Diwali weekend.
GST collections for September jump by 9% to ₹1.89L crore
India's Goods and Services Tax (GST) collections for September stood at ₹1.89 lakh crore, a 9.1% year-on-year increase.
Amazon sees surge in electronics sales, small towns drive growth
Amazon India's ongoing Great Indian Festival has witnessed a massive surge in consumer electronics sales, with 70% of the orders coming from outside Tier-1 cities.
GST 2.0: India's GDP growth forecast raised to 6.7%
Ernst & Young (EY) has revised its projection for India's real Gross Domestic Product (GDP) growth in the fiscal year 2025-26 (FY26).
No fall in cement prices after GST 2.0 became effective
A recent industry report by Yes Securities has accused cement companies of trying to pocket the Goods and Services Tax (GST) benefits that were supposed to be passed on to consumers.
GST effect: TVS announces festive price cuts across models
TVS Motor Company has announced a major price reduction across its range as part of the "GST Benefit Bonanza" campaign.
GST reforms drive 25% rise in festive sales across India
The recent Goods and Services Tax (GST) reforms, which came into effect on September 22, have given a major boost to festive demand.
Centre monitoring GST rate cuts to ensure benefits reach consumers
The Indian government is keeping a close watch on the transmission of recent Goods and Services Tax (GST) rate cuts to consumers.
Maruti Suzuki sold 80,000 cars in 4 days post-GST cut
Maruti Suzuki, the largest carmaker in the country, has witnessed a massive surge in sales following the recent Goods and Services Tax (GST) cuts.
CAFE 3: Small cars get relief under new emission norms
The Bureau of Energy Efficiency (BEE) has proposed a draft rule that would provide some relief to manufacturers of small cars.
Cabinet approves ₹1,866cr Diwali bonus for 10.9 lakh railway employees
The Union Cabinet has approved a ₹1,866 crore as a Productivity Linked Bonus (PLB) for over 10.9 lakh railway employees.
Why GST cuts won't lower home prices anytime soon
The new Goods and Services Tax (GST) regime, which came into effect on September 22, has raised hopes of affordable housing.
GST 2.0: PVR's Blockbuster Tuesday prices go down to ₹95
PVR INOX, India's leading multiplex chain, has announced a reduction in the price of its popular Blockbuster Tuesday tickets to ₹95 (inclusive of GST), effective from Tuesday, September 23.
This is now India's cheapest car thanks to GST 2.0
Maruti Suzuki's latest price cuts, following India's GST 2.0 overhaul, have made the S-Presso the most affordable car in the country.
Maruti, Hyundai shares up 4% today: Here we decode why
Stocks of Maruti Suzuki and Hyundai Motor India surged by up to 4% today.
Mercedes India aims double-digit growth during festive season sales
Mercedes-Benz India is expecting a record-breaking festive season, with double-digit growth. The optimism comes from strong demand and attractive price cuts, as well as a buoyant luxury car market.
Nandini's dairy products are now cheaper: Check new prices
The Karnataka Milk Federation (KMF) has announced a price reduction for 'Nandini' milk products, effective from today.
These cars have become more attractive thanks to GST reforms
The Indian government has introduced a major overhaul in the Goods and Services Tax (GST) structure, dubbed GST 2.0.
How GST 2.0 reforms can boost tourism in India
The Indian government's recent Goods and Services Tax (GST) reforms are expected to give a major boost to the hospitality, transport, and cultural sectors.
New GST rates now effective: Have fuel, liquor become cheaper?
India's indirect tax system is undergoing a major overhaul from today, September 22.
GST 2.0: Are smartphones, laptops getting cheaper starting today?
The Indian government's recent overhaul of Goods and Services Tax (GST) rates will not affect smartphone prices.
GST 2.0: What gets cheaper, what gets expensive from today
Prime Minister Narendra Modi's promise of a "great gift" this Diwali has come true with the launch of GST 2.0.
GST 2.0: These items will cost more from tomorrow
The Goods and Services Tax (GST) Council, led by the Indian central government, is set to implement a major reform from September 22, 2025.
Insurers to pass full GST benefit to customers
Insurance companies are gearing up to implement the new Goods and Services Tax (GST) rates from Monday.
GST rate cuts take effect tomorrow: What's getting cheaper
The Goods and Services Tax (GST) Council's decision to cut rates on nearly 375 items will come into effect from tomorrow, September 22.
GST effect! TV prices drop up to ₹85,000
In a major move, television manufacturers are slashing their product prices by ₹2,500 to ₹85,000.
You can now register GST complaints on National Consumer Helpline
In a major development, the Department of Consumer Affairs has launched a new facility for lodging Goods and Services Tax (GST) complaints on the National Consumer Helpline (NCH).
GST rate cuts could pose risks to banking sector: Report
A recent report by Systematix Research has flagged potential risks to the banking sector due to reduced Goods and Services Tax (GST) rates.
Why there won't be festive discounts on cars this Diwali
If you're waiting for additional discounts on cars and bikes after the recent GST cuts, you might be disappointed.
GST 2.0: Maruti cars become cheaper by up to ₹1.3L
Maruti Suzuki India has announced a price cut across its entire range of cars, effective from September 22, 2025.
GST 2.0 reforms infused ₹2L crore in Indian economy: Sitharaman
Union Finance Minister Nirmala Sitharaman has said that the Goods and Services Tax (GST) reforms have infused ₹2 lakh crore into the Indian economy.
GST 2.0: Why some products may show two MRPs
The new Goods and Services Tax (GST) regime will come into effect from September 22.
GST 2.0: Mother Dairy products now cheaper up to ₹30
Mother Dairy has announced a price cut on its range of dairy products in India after the recent GST revision.
India's passenger vehicle sales dip by 9% in August
India's passenger vehicle sales witnessed a significant dip of 8.8% in August, according to the Society of Indian Automobile Manufacturers (SIAM).
Businesses get relief as Centre eases Input Tax Credit rules
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular, relieving businesses from reversing their input tax credit (ITC) when they receive post-sale discounts in the form of financial or commercial credit notes without tax adjustments.
12+ companies eyeing ₹10,000cr through IPOs in coming weeks
More than a dozen companies are planning to launch their initial public offerings (IPOs) in the next two to three weeks. The firms are looking to raise nearly ₹10,000 crore.
GST rate cuts to ease household costs: PwC
The recent revision of Goods and Services Tax (GST) rates is likely to provide some relief to household budgets across India, according to a report by PwC.
GST 2.0: ₹3.49L price cuts on Tata, Mahindra, Toyota SUVs
India's recent Goods and Services Tax (GST) reforms have led to major price cuts on popular SUVs and cars from brands such as Tata, Hyundai, and Toyota.
Centre orders price monitoring of 54 items after GST cut
The Central Board of Indirect Taxes and Customs (CBIC) has ordered a monitoring of the prices of 54 common consumer goods. The move comes in the wake of recent cuts in Goods and Services Tax (GST) rates.
GST 2.0: Medicines to get cheaper from September 22
The Indian government has directed pharma companies to revise the Maximum Retail Price (MRP) of medicines, formulations, and medical devices due to changes in the Goods and Services Tax (GST) regime.
How FMCG firms plan to benefit customers after GST cut
Consumer goods firms have told officials of the Central Board of Indirect Taxes and Customs (CBIC) that they cannot reduce the maximum retail prices (MRPs) for low-value products in line with GST cuts.
GST relief for 2-wheelers could be undone by this regulation
The recent reduction in Goods and Services Tax (GST) rates has brought a wave of relief to the two-wheeler market, with prices dropping by 2-11% across most models.
How to buy insurance without paying GST right now
The GST Council has announced a GST exemption on individual life and health insurance premiums, effective from September 22.
Why CEOs of insurance companies are meeting Finance Ministry today
Top executives from various insurance companies in India are set to meet officials from the Department of Financial Services (DFS) today.
Why LIC seeks rollback of retrospective GST changes
The Life Insurance Council and the Life Insurance Corporation of India (LIC) are likely to write to the Ministry of Finance and the Central Board of Indirect Taxes and Customs (CBIC).
GST rate cuts must be passed to consumers: Piyush Goyal
Union Minister Piyush Goyal has called on industries to pass on the benefits of Goods and Services Tax (GST) rate cuts to consumers.
GST 2.0: Lexus cars get cheaper by a whopping ₹20L
Lexus has announced a major price cut across its entire vehicle lineup in India.
GST 2.0: Audi cars become cheaper by up to ₹7.8L
In a major move, Audi India has announced a price cut across its entire range of vehicles.
5-6% growth in two-wheeler sales expected after GST cut
CRISIL Ratings has predicted a 5-6% growth in two-wheeler sales for the current fiscal year.
Indian firms to witness 7% growth after new GST rates
Indian companies are likely to see a 6-7% growth in their revenues for the financial year 2025-26, thanks to the recent reduction in Goods and Services Tax (GST) rates.
Hyundai cars get cheaper by ₹2.4L after GST reforms
Hyundai Motor India has announced major price cuts on its passenger vehicles, effective September 22, 2025.
GST cut will make Yezdi, Jawa bikes more affordable: Co-founder
Classic Legends, the company behind iconic motorcycle brands Yezdi and Jawa, has welcomed the recent Goods and Services Tax (GST) reforms.
Britannia targets 50% sales from rural markets in 4 years
Britannia Industries, the company behind popular brands like Good Day and Tiger biscuits, is looking to increase its presence in rural markets.
Why GST confusion persists for ride-hailing apps in India
The Goods and Services Tax (GST) Council has imposed an 18% GST on local delivery services provided by e-commerce operators (ECOs), including popular food delivery platforms like Zomato and Swiggy.
How GST reduction on dairy products will aid 10cr farmers
The Indian government recently announced a reduction in Goods and Services Tax (GST) rates on dairy products, agricultural inputs, and food processing items.
Mahindra SUVs get cheaper by ₹1.5L following GST reduction
Mahindra and Mahindra has announced a price cut across its entire internal combustion engine (ICE) SUV range, effective September 6, 2025.
India set for 6.5% growth in FY26: NITI Aayog
India's economy is on track to achieve a 6.5% growth rate in the current fiscal year, despite global challenges and tariff pressures, according to Dr. Arvind Virmani, Member of NITI Aayog.