Gst On Packaged Foods

Britannia Industries Q4 results: Net profit rises 21% to ₹679 crore

Bakery food company Britannia Industries Ltd on Thursday reported a 21.56 per cent rise in consolidated net profit to Rs 679.68 crore for the March quarter of FY26. The company had posted a net profit of Rs 559.13 crore in the January-March quarter a year ago, according to a regulatory filing by Britannia Industries. Britannia Industries' revenue from the sale of products rose 7 per cent to Rs 4,685.95 crore in the March quarter. Its revenue from operations increased 6.46 per cent to Rs 4718.92 crore in the fourth quarter of FY26. It was Rs 4,432.19 crore a year ago. Britannia's total expenses climbed 6.2 per cent to Rs 3,969.96 crore in Q4 FY26. The total income of Britannia, which includes other income, rose 6.2 per cent to Rs 4,774.37 crore in the March quarter. Commenting on the results, its Managing Director and Chief Executive Officer Rakshit Hargave said, "The Business witnessed a steady start to the quarter, with growth of 9 per cent in the first two months, before modera

Only 10% consumers see full GST benefit, 3 in 10 see cuts on food: Report

A LocalCircles survey finds GST 2.0 benefits have reached only a fraction of consumers, with packaged foods and medicines lagging while vehicles and appliances show clearer price cuts

Global firms are reducing sugar and salt in their packaged items in India

Experts say the standards for food and beverages vary across the world and India should have its own

United Opposition stalls proceedings over 'unparliamentary' GST hike

Says govt running away from discussion in Parliament on price rise, Rs

GST on packaged food from July 18: Rice will become costlier in Tamil Nadu

The rice merchants and rice mill association have urged the Tamil Nadu government to exert pressure on the Union government for a roll back to bring the food products under GST

Delhi grain markets remain closed as traders protest GST on packed food

Wholesale grain markets at Narela, Bawana and other parts of the city wore a deserted look due to the market bandh called by traders. Many retail grain markets in the city were also closed.

GST tweak on food items to plug revenue leakages, says CBIC chief

Says it will build a robust tax system without being intrusive

PM's 'Gabbar Singh Tax' is now turning into 'Grahasti Sarvnaash Tax': Rahul

"Declining income and employment, topped with rising blow of inflation. The Prime Minister's 'Gabbar Singh Tax' has now taken a formidable shape of 'Grihasthi Sarvnaash Tax'," Gandhi said on Twitter.

No GST on packaged foods if manufacturer forgoes brand rights

Manufacturers will have to state on packages that they have foregone brand rights to avail of relief