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Further rationalisation in goods and services tax (GST) on domestic hotels and restaurants could help fuel tourism growth in India, even as the country’s travel market continues to grow despite global uncertainties, according to SOTC Travel Managing Director and CEO Vishal Suri.
Achieving the government’s target of 5,000 compressed biogas (CBG) plants producing 15 million metric tonnes annually by 2030 will require a fundamental transition to a market-driven renewable gas economy, underpinned by GST rationalisation
The Next Generation 2.0 GST Rate Reform, implemented through a series of notifications dated September 17, 2025, represents a comprehensive restructuring of India’s Goods and Services Tax (GST) rate system.
GST rate rationalisation provides a timely boost to these sectors, reducing tax burdens and improving income opportunities for farmers, artisans and entrepreneurs across the state.
The Delhi High Court has said that whenever the GST Council reduces the tax rates on a product, the ultimate benefit must flow directly to consumers through a corresponding reduction in the product’s price.
In good news for consumers, Mother Dairy on Tuesday said it is slashing prices across its range of dairy and food products after the government’s big Goods and Services Tax (GST) 2.0 revamp.
FAQs on price revision by CA Bimal Jain
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.
The GST reforms approved by the 56th GST Council Meeting will support the growth of various sectors including India’s rapidly growing drone ecosystem.
Union Finance Minister Nirmala Sitharaman wrote to finance ministers of all states, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST) regime.