Page 2 - Gst2.0

What are the best health insurance plans post-GST reforms for you

Under the new GST 2.0 set of reforms, holders of individual health and life insurance policies will no longer have to pay any tax on the premium amount

Industry has room to factor in costs in terms of ITC accumulation: Official

The official added that businesses should act in good faith, keeping their bona fide intent in mind. The accumulation of ITC has arisen because GST rates on final products have been cut under GST 2.0

Several FMCG brands are ditching 'magic' price points: Here's what they are

Following the rationalisation of rates under the new GST reforms, most daily-use items have shifted to the lower 5 per cent tax slab, creating a challenge for FMCG firms

UPA regime unleashed tax terror: Ashwini Vaishnaw hits out at Opposition

During a press conference at Bharatiya Janata Party (BJP) headquarters in New Delhi, Vaishnaw said the entire nation is celebrating the reforms introduced in recent budgets

Hyundai Motor up 47% against issue price; should you book profits or hold?

Shares of Hyundai Motor India hit a new high of ₹2,889.65, zooming 87 per cent from its 52-week low of ₹1,542.95 touched on April 7, 2025.

GST 2.0: Big relief for commuter bike buyers, premium ones get pricey

Commuter bikes, scooters see ₹10k-₹25k price drops; Himalayas, KTM, Triumph get costlier by ₹20k-₹33k

GST 2.0 live: Here's how much you can save on India's top-selling cars

Buyers can save ₹50,000 to over ₹2 lakh, depending on the model. Check which cars are cheaper

PM Modi interacts with Arunachal traders, industry leaders on GST rate cuts

In Arunachal, PM will lay the foundation stone of two major hydropower projects worth over Rs 3,700 crore, namely the Tato-I Hydro Electric Project (186 MW) which will be developed in Siyom sub-basin

GST 2.0 is 'bachat utsav' for citizens, will boost India's growth: PM Modi

PM Modi said GST 2.0 will cut tax slabs to 5% and 18% from September 22, marking a 'bachat utsav' that simplifies business, reduces prices, and strengthens 'Made in India'

New GST reforms unlikely to put major burden on govt revenue: Crisil

Crisil said that govt has estimated the revenue loss at ₹48,000 crore, which is modest in comparison to last year's ₹10.6 trillion collections

Haier India expects up to 30% growth in festive season aided by GST cuts

Haier Appliances India, an appliance & Consumer electronics maker, expects around 25 to 30 per cent growth this festive season, helped by GST reduction on large screen TV sets and room-air conditioners, its President NS Satish has said. The company, which is investing Rs 1,500 crore in its Greater Noida-based plant and scouting land for a new factory in South India to cater to the domestic and export opportunities, said this GST reduction is expected to increase the localisation drive and 'make-in-India' project. "Definitely, the GST benefit will increase the consumption. So as the consumption increases, the scale of production also goes up. So, obviously, the investment, which we had already planned, will take it on a faster track," Satish told PTI. According to Satish, this GST reform is "one of the boldest moves" by the government of India to boost the economy. Earlier this month, the government, as part of its next-generation GST reforms, reduced the duty on TV screens above .

Suzuki Motorcycle to cut prices by up to ₹18,024 after GST rate reduction

Suzuki Motorcycle India on Friday said it will reduce prices of its products across models by up to Rs 18,024 to pass the benefit of GST rate reduction to customers. With the revised price effective September 22, 2025, customers can now enjoy savings, with the maximum benefit going up to Rs 18,024 depending on the model, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. Alongside two-wheelers, the reduced GST on spare parts and accessories will directly translate into lower maintenance costs, collectively enhancing the overall ownership value for Suzuki customers, it added. "We welcome the government of India's GST 2.0 reforms, which are a progressive step towards making mobility more affordable for the masses," SMIPL Vice-President, Sales & Marketing, Deepak Mutreja said. Coming just ahead of the festive season, he said, "This move is expected to further uplift customer sentiment, make our product range even more attractive, and give a strong push to demand in the ...

Ashok Leyland gains 2%, hits record high; should you buy, hold or sell?

The Hinduja Group automobile company - Ashok Leyland stock was quoting higher for the fourth straight trading day, and surged 6 per cent during the period.

Maruti Suzuki joins ₹5 trillion market cap club; stock up 30% from Aug low

Maruti stock hits new high; new launches, starting with its new SUV- the Victoris- is anticipated to enhance its competitive position in the high growth mid-size SUV market and drive export growth.

GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman

The finance minister also said the GST revenues grew to ₹22.08 trillion in 2025 from when it was introduced

No need to relabel existing medicine stock: FinMin on new GST rates

Finance Ministry clarified that medicines released before Sept 22 need not be recalled or relabelled under GST 2.0, with compliance ensured via revised price lists at retail level

FMCG majors cut prices as firms pass on GST benefit to consumers

Mother Dairy, Hindustan Unilever and others announced price cuts across dairy, foods, ice creams, soaps and shampoos, as GST benefits are passed on to consumers from September 22

GST rejig: No input tax credit for insurers on brokerage, CBIC clarifies

The CBIC has clarified that taxes paid on inputs like brokerage and commission for individual life or health insurance policies cannot be claimed as ITC

Commerce ministry tells retailers to highlight discounts from GST rate cuts

The commerce and industry ministry has directed physical retail chains to prominently display and advertise discounts due to the recent GST rate rationalisation. In a communication to the Retailers Association of India, Department for Promotion of Industry and Internal Trade (DPIIT) said retailers should reflect the GST reduction in the receipt / bill as GST discount and major focus be given on high impact products. "Prominently display and advertise 'Discount due to GST' through their networks. For example - posters / flyers and ads (print, TV and online) through their own retail networks," it said. The department has also suggested that sales figure be monitored during this festive season and highlighted through various channels. Nearly 400 products - from soaps to cars, shampoos to tractors and air conditioners - will cost less when the rejig of the GST is effective from the first day of Navaratri on September 22. Starting September 22, the GST slab structure will change - 5 pe

FIIs under-own India; consumption next rally driver: LKP Sec's Ashwin Patil

India remains under-owned: FIIs hold 19 per cent of equities, lagging emerging market averages and FIIs have broadened exposure into small-and mid-caps