New GST Rates: Full list of items with new tax rates (AI image) New GST rates 2025 full list: Common man and middle class have a big reason to cheer! Most of the items that people consume in their day-to-day lives – from food to shampoos to appliances – everything is set to become cheaper…
Banks in several states are closed today, September 5, on account of Id-E-Milad and Thiruvonam, according to the Reserve Bank of India’s (RBI) holiday calendar for the month.Customers have been advised to check with their respective branches before visiting, reported ET.As per the RBI notification, banks will not be operational today in Gujarat, Mizoram, Maharashtra,…
MUMBAI: India Inc will see a “meaningful” impact on its earnings from the second half of this fiscal as new GST rates kick in from the last week of this month, ushering in a new phase of growth. The rates will result in higher volumes and lower costs for businesses, especially those benefiting from GST…
MUMBAI: Come Navratri and your grocery bills will drop—that large pack of namkeen, noodles, chocolate or your favourite ice-cream will cost you less.This is because consumer goods companies will pass on the 7%-13% tax benefit incurred through GST cuts in two ways—by reducing prices of large packs and increasing grammage of small packs. While the…
MUMBAI: For value retail players such as Tata Group’s Zudio, Reliance Trends and Vishal Mega Mart, the festive season just got bigger.With apparel and footwear priced up to Rs 2,500 now being moved to the 5% slab, lower and mid-income shoppers can splurge more on fashion. “We will see a big improvement in demand coming…
Gold price prediction: Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. (AI image) Gold price prediction today: Gold rates are touching a life-time high and a ‘buy on dips’ strategy may work, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is…
As govt prepared for the first major rejig of GST rates since its launch eight years ago, investors on Dalal Street followed the classic stock market strategy of ‘buy on expectations, sell on news’.In the run up to the announcement, stocks of several companies that investors expected would benefit from the GST rate changes, had…
Representative Image (AI-generated) MUMBAI: The reduction in health insurance premiums is unlikely to match the 18% GST cut as insurers are expected to pass some of the costs arising from input taxes to customers.While health insurance has seen the biggest drop in GST — from 18% to zero — the loss of input tax credit…
August diesel exports to Europe increased 73% from last month. (AI image) The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s diesel shipments to Europe jumped 137% year-on-year, reaching 242,000 barrels per day (bpd) in August, as customers prepared for the European Union’s…
File photo (Picture credit: AP) Asian shares advanced on Friday, tracking Wall Street’s record close, as investors looked ahead to key US jobs data that could pave the way for interest rate cuts by the Federal Reserve. Oil prices, meanwhile, extended losses as supply expectations grew.In Tokyo, the Nikkei 225 rose 0.9% to 42,945.16 after…
