GST Reforms Signal India’s Commitment to Growth, Ease of Business: USIBC

New Delhi- The rationalisation of GST slabs represents a major step toward creating a simpler, more transparent, and efficient tax system, the US-India Business Council (USIBC) has said.

In a statement, the Council noted that it looks forward…

Renault Slashes Car Prices by Up to ?96,000 After GST Reforms

New Delhi- Renault India on Saturday announced major price cuts across its lineup following the rollout of GST 2.0, passing the entire benefit to customers.

The company’s three models—Kwid, Triber, and Kiger—are now cheaper…

India’s Diesel Exports to Europe Double in August Ahead of EU Ban on Russian Oil Products

New Delhi- India’s diesel exports to Europe more than doubled in August as buyers rushed to secure cheaper supplies ahead of the European Union’s upcoming ban on fuels refined from Russian crude, set to take effect in January 2026, market…

GST Reforms Expected to Ease CPI Inflation by 65–75 bps in FY26–27: SBI Report

New Delhi- The upcoming GST 2.0 reforms could moderate Consumer Price Index (CPI) inflation by 65–75 basis points over FY26–27, according to an SBI report. The simplified tax system is expected to boost consumption, particularly among…

GST Overhaul May Cut Vehicle Prices by Up to 8.5%: Report

New Delhi — The government’s move to restructure the Goods and Services Tax (GST) into three slabs—5%, 18%, and 40%—is expected to provide significant relief to the automobile industry and consumers, with vehicle prices projected…

FICCI: GST 2.0 to Enhance Transparency, Fix Duty Imbalances, and Boost Growth

New Delhi — The Federation of Indian Chambers of Commerce & Industry (FICCI) on Thursday welcomed the GST 2.0 reforms, calling them a landmark step that will bring greater transparency and predictability to India’s tax regime while…

India’s Auto Sales Stay Strong in August Despite GST Uncertainty: Report

New Delhi – India’s automobile sector delivered resilient retail sales in August, buoyed by festive-season demand, even as customers weighed the potential impact of the upcoming GST revisions, according to a report by HSBC Global Investment…

GST Council May Approve Rate Cuts on Over 150 Items This Week

Mumbai – The Goods and Services Tax (GST) Council is likely to take a final call this week on the Centre’s proposal to reduce GST rates on more than 150 products, as part of a broader plan to simplify the tax structure.

The two-day…

Morgan Stanley Raises India’s FY26 GDP Forecast, Says GST Cuts to Boost Demand

New Delhi – Global brokerage firm Morgan Stanley has revised India’s GDP growth forecast for 2025–26 upwards, citing stronger-than-expected growth in the April–June quarter and the likely impact of upcoming GST cuts, which…

GST meet, auto sales, GDP data and global cues to guide markets next week

Mumbai- The upcoming week is expected to be crucial for Indian equities, with investors focusing on the GST Council meeting, auto sales numbers, GST collection figures, and global economic signals.

The GST Council will meet on September 3–4…