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Business

India Inc hails GST Council’s shift to two tax slabs, citing demand revival, compliance ease and relief for MSMEs and households.

In a landmark move to simplify India’s tax regime, the GST Council has reduced multiple slabs to two—5% and 18%—while retaining a 40% rate for luxury and demerit goods.

Indian consumers are poised for a more affordable festive season as the Goods and Services Tax (GST) Council unveils sweeping cuts on everyday goods, services and big-ticket items.

JPMorgan Chase & Co. is expanding its corporate banking presence in India, with a strong focus on electric vehicles (EVs), data centres, solar energy, and infrastructure.

The latest Goods and Services Tax (GST) reductions on essential goods and medicines, effective from September 22, are expected to provide a much-needed lift to India’s consumption story.

India’s GST Council cuts rates to 5% and 18%, lowering prices on goods, vehicles and insurance from 22 September.

Indian markets rally after sweeping GST cuts across sectors; Sensex rises 550 points, Nifty Auto leads gains amid upbeat investor sentiment.

The GST Council on Wednesday approved historic changes to India’s indirect tax system by adopting a simplified 5 per cent and 18 per cent structure.

The GST Council approved a two-tier tax structure of 5 per cent and 18 per cent on Wednesday. The new rates will apply from 22 September.

Gold and silver prices surged to fresh all-time highs on Wednesday, extending their upward momentum in both domestic and international markets.