CII reform roadmap: Industry body pitches GST, trade and labour changes; push seen critical for ‘Viksit Bharat’ vision
CII’s comprehensive reform blueprint aims to accelerate India’s economic transformation through simplified GST, rationalized tariffs, and new employment policies. The report proposes over 250 actionable ...
GST revamp on track: GoM backs Centre’s two-slab plan; accepts scrapping 2% and 28% rates
A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% ...
GST reforms may lift deficit by 0.2% temporarily; long-term growth to cushion impact: Report
Emkay Research suggests GST restructuring may raise India’s fiscal deficit temporarily. The deficit could reach 4.6 percent in FY27. However, growth benefits should compensate within ...
GST revamp: Centre sees consumption boost, better compliance
PM Modi’s GST revamp aims to simplify the tax regime and boost consumption, potentially offsetting short-term revenue impacts. While some states initially opposed major changes ...
GST council set to convene soon; tax simplification, compensation cess likely on agenda
The Goods and Services Tax Council will soon meet to discuss GST simplification. Tax rate rationalisation and the future of the compensation cess are on ...
