Industry Leaders Hail GST Reforms As Transformative Step
The 56th GST Council reduced the slabs from four to two: 5% for essentials and 18% for non-essentials, while imposing a 40% rate on sin and luxury goods.
Government Slashes GST On Cement To 18%: Homebuyers & Builders Eye Lower Costs
The government cuts GST on cement from 28% to 18%, potentially reducing construction and housing costs, and boosting affordable housing demand.
Reliance Retail To Pass On GST Cut Benefits To Consumers, Says Mukesh Ambani
Reliance Industries Ltd’s retail arm announced on Thursday that it would pass on the benefits of reduced GST rates directly to consumers.
GST Rate Cuts Spark Optimism Across Corporate India; Set To Boost Consumption & Growth
India Inc welcomes the GST Council’s sweeping tax cuts, calling them a game-changer for domestic consumption and industrial growth.
Govt Cuts GST On Dairy Products To Boost Rs 19 Lakh Crore Industry
The government announced on Thursday that the 56th GST Council had approved sweeping tax rationalisations on milk and milk products.
Apple Expands Retail Footprint In India With Two New Stores
Apple to open new stores in Bengaluru and Pune ahead of iPhone 17 launch, expanding its retail and manufacturing footprint in India.
Indian Stock Market Opens Higher As Nifty Surpasses 24,700
Indian stock market opens higher with Nifty above 24,700; GST rate cuts and sectoral buying boost Sensex and broader indices amid positive global cues.
Mukesh Ambani Hails GST Reforms As Boost To Consumption-Driven Growth
Mukesh Ambani welcomed India’s second-generation GST reforms, calling them a major boost for consumption-led growth.
Reliance Jio Celebrates 9th Anniversary With Major Offers For 500 Million Users
Reliance Jio marks its ninth anniversary with a nationwide celebration, unveiling three major offers for its vast user base.
FDI In India Rises 15% In Q1 FY25; US Inflows Nearly Triple Despite Tariff Concerns
India witnessed a 15% rise in FDI inflows in the first quarter of FY25, reaching USD 18.62 billion, with the US emerging as the top investor.