Representative image (AI image) NEW DELHI: The GST Council on Wednesday approved a sharp hike in taxes on sin and luxury goods, creating a new 40 per cent slab for items such as tobacco, pan masala, aerated drinks and premium vehicles. The move marks a major restructuring of the indirect tax system, as the government…
Your next plate of hilsa may well have its origins in Bharuch, Gujarat, rather than the usual fishing grounds of West Bengal or Bangladesh. According to ET, Bharuch has delivered a record 4,000 tonnes of hilsa across the country during July–August, at a time when imports from Bangladesh have yet to begin this year and…
The comprehensive GST modifications have been regarded by market analysts as a “consumption revival bombshell”. (AI image) GST rate cuts announced by the Modi government have served as a booster shot for the Indian economy and markets, with consumption driven growth expected to aid the economy at a time when it is faced by 50%…
MCX Gold has been showing a consistent upward trend, reflecting strong bullish momentum in recent sessions. (AI image) Gold and silver price prediction today: Gold prices are exhibiting a bullish trend and silver is also continuing the positive bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views…
File photo: Industrialist Anand Mahindra (Pictur ecredit: ANI) Industrialist Anand Mahindra has welcomed the sweeping Goods and Services Tax (GST) rate cuts announced on Wednesday, urging policymakers to accelerate further reforms to strengthen India’s economy.Mahindra framed the GST cuts as a step in the right direction but stressed that this should mark the beginning of…
Ex-Trump aide John Bolton (file photo) Former US National Security Advisor John Bolton lashed out at US President Donald Trump on Thursday (local time) for deteriorating US-India relations through a 50% tariff imposition on India, which he claims has driven Prime Minister Narendra Modi towards Russia and China.“The White House has set US-India relations back…
File photo (Picture credit: AP) Asian stocks gained on Thursday as dovish signals from US Federal Reserve officials and weak labour market data reinforced bets on interest rate cuts, even as oil prices extended losses ahead of a key Opec+ meeting.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% after US equities closed with…
NEW DELHI: Employment in India’s unincorporated sector dipped marginally in the April-June quarter of the current fiscal compared to the previous quarter, though the number of enterprises rose, according to a quarterly survey released Wednesday. National Statistics Office (NSO) published first quarterly bulletin of unincorporated sector enterprises (QBUSE) with estimates for Jan-Mar and Apr-June 2025….
NEW DELHI: Car and SUV prices, especially those classified under the four-metre small vehicles category (petrol under 1,200cc and diesel under 1,500cc), as well as two-wheelers under 350cc will see a price cut from Sept 22, as the GST Council meeting slashed the GST rate from 28% to 18%. Even bigger cars and SUVs, many…
In what the government on Wednesday called a Diwali gift, the GST Council has approved sweeping rate cuts across key sectors. Finance minister Nirmala Sitharaman announced that daily-use items like hair oil, shampoo, toothpaste, soap, toothbrushes, and shaving cream will now attract just 5% GST, down from 18%. GST on individual health and life insurance…
