Finance

Piyush Goyal urges India Inc. to pass on entire GST rate cut to consumers

Pass on entire GST rate cut to consumers: Piyush Goyal tells India Inc.

Piyush Goya expressed gratitude to the Prime Minister for this initiative, which he believes will create a win-win situation for both businesses and consumers. He urged the industry to ensure that every rupee saved through the GST reduction is passed on to consumers, emphasizing that under the new structure, GST on several categories has been reduced to as low as 5 percent. Sep 4, 2025
Over 150 products may see rate cut in GST Council meet this week

Bold step: Industry experts hail GST reforms in health sector

In a landmark move, the GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday rationalised the indirect tax structure, cutting the current four slabs down to two -- scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs. Sep 4, 2025
Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

GST Reforms Fuel Market Confidence Despite Global Headwinds

"However, the rally lost momentum toward the end of the week as investors turned cautious due to profit booking and external headwinds. A spike in the 10-year Indian government bond yield also raised concerns about the fiscal position in light of the GST reforms," said Vinod Nair, Head of Research, Geojit Investments Ltd. Aug 23, 2025
Include mobile phones in 5 pc GST slab of essential goods: Industry

Include mobile phones in 5% GST slab of essential goods: Industry

"The mobile phone is no longer an aspirational good; it is an essential digital infrastructure for education, healthcare, financial inclusion, and governance. It should rightly be taxed at 5 per cent GST, in line with the Prime Minister's GST reform agenda and his vision of a $500 billion electronics ecosystem," said Pankaj Mohindroo, Chairman, ICEA. Aug 19, 2025
SEBI Proposes Special AIF Schemes Exclusively for Accredited Investors

SEBI Proposes Special AIF Schemes Exclusively for Accredited Investors

SEBI has proposed a new category of Alternative Investment Fund (AIF) schemes open only to accredited investors—those meeting specified wealth, net worth, and income criteria certified by a SEBI-recognised agency. The plan aims to replace the current Rs 1 crore minimum investment rule with accreditation status as the sole eligibility criterion, with a transition period where both rules apply. Aug 9, 2025
ICICI bank hikes minimum account balance for new customers

ICICI Bank Raises Minimum Balance Requirement for New Customers

ICICI Bank has increased the monthly minimum average balance (MAB) for new savings account holders effective August 1. Customers in metro and urban areas opening accounts after this date must maintain an MAB of ₹50,000, while semi-urban and rural customers need ₹25,000 and ₹10,000 respectively. Existing customers will retain the earlier lower limit. Aug 9, 2025
Prev 1 2 3 4 5 6 7 8 9 10 Next