Daily essentials and food products will be cheaper from Monday (September 22, 2025), as leading FMCG companies have slashed prices, extending GST cut benefits to consumers. The move is expected to lead to a spike in consumption and a surge in sales during the upcoming festival season, which starts with the Navratra celebrations. FMCG companies…
Image for the purpose of representation only. | Photo Credit: Nagara Gopal The rolling out of a two-rate Goods and Services Tax (GST) regime, a long-awaited reform, will see the Bharatiya Janata Party (BJP) launch a nationwide campaign titled ‘GST savings festival’ from September 22 to 29 to spread awareness of the new tax system…
The Union Government expects the new GST reforms to spur spending by making goods and services more affordable, leaving people with greater disposable income. Fille (representational image) The Goods and Services Tax (GST) is set for its most significant revamp since 2017. Beginning September 22, 2025, the country will adopt a simplified two-tier tax system….
Union Minister of Commerce and Industry Piyush Goyal addresses the Indian People’s Forum Business Connect event in Dubai. | Photo Credit: PTI Union Minister of Commerce and Industry, Piyush Goyal, on Friday (September 19, 2025) said the United Arab Emirates (UAE) is investing deeply in high-tech areas, and India could be looking at collaboration in…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto More than 75% of the items rural Indians spend money on will face either a nil rate of Goods and Services Tax (GST) or 5% once the new rates come into effect on September 22, according to an analysis published by the Federation of…
Union Finance Minister Nirmala Sitharaman speaks about the new GST reforms at an event in Kolkata. | Photo Credit: Debasish Bhaduri Highlighting that the second generation GST reforms will boost the economy by increasing demand, Union Finance Minister Nirmala Sitharaman on Thursday (September 18, 2025) said that the determination of September 22 as the date…
In a notification dated September 17, the Ministry of Finance notified that appeals against orders communicated before April 1, 2026, can be filed up to June 30, 2026. | Photo Credit: Getty Image/iStockPhoto In a further step towards making the crucial Goods and Services Tax Appellate Tribunal (GSTAT) functional, the government has notified the timelines…
The Union Finance Ministry notifies new CGST rates and says States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services. File | Photo Credit: The Hindu The Union Finance Ministry has notified new Central GST (CGST) tax rates for goods, which will be effective…
The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate…
File picture of Union Minister Piyush Goyal and EU’s trade commissioner Maroš Šefčovič and European Commissioner for Agriculture and Food Christophe Hansen over a discussion on the Free-Trade Agreement (FTA) between India and the European Union. in New Delhi on September 12, 2025. | Photo Credit: ANI The first round of negotiations for a free…
