Auto stocks rally today: Auto stocks soared on September 8 after several leading automakers announced substantial price cuts, following the GST Council’s decision to reduce taxes on a range of vehicles. The move sparked investor optimism and sent the Nifty Auto index climbing over 1.5 per cent in morning trade, reaching 26,718, making it the…
PM Modi Speaks After GST 2.0 Rate Cuts: In his first address after the rollout of the next-generation GST reforms, Prime Minister Narendra Modi said that the indirect tax regime has been simplified even more. “The government stands ready for positive change,” said the PM. Here are highlights of what the Prime Minister said on…
The GST Council has reduced the GST rate on various items, and this directly impacts the common man. From reducing tax on medicines to deducting GST on cars, the Modi government has given a ‘big Diwali gift’ to Indian citizens as promised. In the 56th GST Council meeting, Finance Minister Nirmala Sitharaman announced a host…
Union Minister for Commerce and Industry Piyush Goyal on Thursday termed the reforms made in Goods and Services Tax (GST) as a step towards ‘Atmanirbhar Bharat’ and called upon 140 crore Indians to come together with the collective resolve to make India Viksit Bharat by 2047. In a landmark move, the GST Council rationalised the…
GST Council Meeting Date, GST Council Meet Agenda: As the country awaits clarity on the Prime Minister’s promised “substantial” GST rate cuts before Diwali this year, the GST Council — headed by the finance minister – is set to meet for the 56th time this week. The upcomig GST Council meeting comes at a time…