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GST Revamp
Page 15 - Latest Updates on GST Revamp
New GST rates: Tax relief for India's cement industry comes at a cost
GST rate cut on cement from 28% to 18% is expected to benefit cement companies in the medium term, though margins may face pressure in the near term as benefits are passed on to consumers
 "New GST rates: Tax relief for India's cement industry comes at a cost")
GST cut to boost FMCG demand; Britannia, Nestle among top Nomura picks
The GST Council has the rates on several staple and essential categories from 18 per cent to 5 per cent
 "GST cut to boost FMCG demand; Britannia, Nestle among top Nomura picks")
ITC shares drop 2% amid GST tweaks; Analysts decode impact, stock strategy
Emkay retained an 'Add' rating on ITC with a target price of ₹475, noting that the stock offers decent upside potential
 "ITC shares drop 2% amid GST tweaks; Analysts decode impact, stock strategy")
GST cuts fuel festive demand: Cars, bikes and gadgets set for sales boom
Electronics and auto makers raise output after GST cuts, expecting higher festive sales as small cars, two-wheelers, TVs and ACs turn cheaper from September 22
 "GST cuts fuel festive demand: Cars, bikes and gadgets set for sales boom")
GST revamp a growth reform, says Motilal Oswal; M&M, HUL among top bets
According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year
 "GST revamp a growth reform, says Motilal Oswal; M&M, HUL among top bets")
GST revamp: Motorcycle may become ₹5,000-15,000 cheaper, says Bajaj Auto
Rakesh Sharma said there are multiple other drivers of conversion to electric vehicles, including operating economics, convenience, freedom from the monthly fuel budget and improved technology
 "GST revamp: Motorcycle may become ₹5,000-15,000 cheaper, says Bajaj Auto")
GST cut will reduce prices of Alto, Wagon R: Maruti chief R C Bhargava
Small car market likely to grow by over 10% this year, says R C Bhargava
 "GST cut will reduce prices of Alto, Wagon R: Maruti chief R C Bhargava")
Sin goods to face extra levy over 40% GST: CBIC chief Sanjay Kumar Agarwal
CBIC chief says repayment of compensation cess loan likely to be completed by Dec-end
 "Sin goods to face extra levy over 40% GST: CBIC chief Sanjay Kumar Agarwal")
The steepest GST cut? Fiscal discipline opens door for tax rationalisation
The GST by its design was a destination-based tax, making it self-enforcing and addressing concerns of tax cascading
 "The steepest GST cut? Fiscal discipline opens door for tax rationalisation")
Input tax credit removal blunts impact of GST waiver on insurance
While the GST exemption on health and life insurance premiums will lower costs for consumers, insurers will absorb some impact due to the removal of input tax credit (ITC)
 "Input tax credit removal blunts impact of GST waiver on insurance")
Celebrations commence with GST reform announcements, marking economic shift
This courageous move signals the emergence of a stronger economy, clearly indicating that India is firmlyset on a path of progress and growth
 "Celebrations commence with GST reform announcements, marking economic shift")
GST cuts boost auto sector, dealers hope for quick cess resolution
Auto dealers expect a boost in the second half of FY25 following GST cuts on vehicles and parts, which aim to improve affordability
 "GST cuts boost auto sector, dealers hope for quick cess resolution")
GST reforms to boost competitiveness of exporters across sectors
The removal of the value threshold for GST refunds will significantly benefit small and e-commerce exporters by making even low-value shipments eligible for refunds
 "GST reforms to boost competitiveness of exporters across sectors")
GST cut likely to defer insurance buying till new rates kick in
Experts expect spike in health and life insurance sales post-September 22, 2025, after GST exemption on individual policies takes effect, but many customers are likely to defer purchases until then
 "GST cut likely to defer insurance buying till new rates kick in")
From complexity to clarity: GST Council ushers in a new era of tax reforms
The shift from four slabs to a leaner two-tier structure 5% for merit goods and 18% for standard goods, with 40% for sin and luxury items is the most far-reaching change since GST's inception
Patients to benefit from GST rate cut, but firms likely to face pressure
GST rationalisation lowers costs for medical consumables and high-end therapies, benefiting patients. However, pharma companies, particularly in biologics, may face margin pressure due to ITC loss
 "Patients to benefit from GST rate cut, but firms likely to face pressure")
EV makers relieved as GST Council retains 5% tax on electric cars
The GST Council's decision to retain the 5% tax rate on electric vehicles (EVs) reassures manufacturers, but competition from small petrol and diesel cars with lower taxes looms
 "EV makers relieved as GST Council retains 5% tax on electric cars")
Banks betting on festive season, GST cut to boost credit growth in H2FY26
Banks are launching attractive loan offers, with credit growth expected to rise during the festive season and after GST cuts. Retail lending is set for significant growth in H2 FY25
 "Banks betting on festive season, GST cut to boost credit growth in H2FY26")
Companies expect demand boost after 10% GST cut on AC, TV, dishwashers
Electronics and appliances industry may close the year with 20% growth, says one executive
 "Companies expect demand boost after 10% GST cut on AC, TV, dishwashers")
New GST rates revive auto companies' hope for a festive sales spurt
Small petrol and diesel cars now attract only 18 per cent GST compared to 29-31 per cent earlier
 "New GST rates revive auto companies' hope for a festive sales spurt")