Tag: GST
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Impact of GST on Handloom Industry: 18% Tax on Sarees
The Introduction of GST and Its Effects on Handloom The Goods and Services Tax (GST) has been a topic of intense debate in India since its implementation. The recent decision to impose an 18% GST on handwoven sarees has sparked widespread protests among weavers and artisans. This article delves into the implications of this tax…
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Understanding GST Impacts on Handloom Industry
The Introduction of GST on Handloom Sarees The introduction of an 18% Goods and Services Tax (GST) on handloom sarees has sent ripples through the textile industry in India. This significant tax hike, applicable to sarees priced above ₹2,500, is raising concerns among weavers and textile manufacturers alike. While the government claims these tax reforms…
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Understanding the Recent Drop in Milk Prices
Introduction to the Milk Price Drop In a significant announcement, the Indian government has decided to reduce the Goods and Services Tax (GST) on UHT (Ultra High Temperature) milk from 5% to zero, effective from September 22, 2025. This news has been met with mixed reactions, as many consumers are eager to understand how this…
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Honda 2W GST Cut Prices: Impact on Popular Models
Introduction to Honda’s GST Price Cut In a significant move, Honda Motorcycle & Scooter India (HMSI) has decided to pass on the benefits of the recently implemented Goods and Services Tax (GST) rate reduction to its customers. This initiative reflects Honda’s commitment to making its two-wheeler offerings more affordable for consumers. Whether you’re eyeing the…
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Honda Bikes Prices Reduced: Benefits of GST Cut Passed On
Introduction to Honda’s GST Rate Reduction Honda Motorcycle & Scooter India (HMSI) is taking significant steps to support its customers following the recent Goods and Services Tax (GST) rate reduction. The GST Council’s decision to lower rates has prompted Honda to adjust prices across its entire two-wheeler lineup, including popular models like the Activa, Shine,…
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टाटा टियागो: GST घटने से हुई सबसे सस्ती कार
टाटा टियागो: अब और भी सस्ती! भारत की ऑटोमोबाइल मार्केट में टाटा मोटर्स ने हमेशा से अपनी किफायती और भरोसेमंद गाड़ियों के लिए पहचान बनाई है। टाटा टियागो, जो पहले ₹4.99 लाख की शुरुआती कीमत पर उपलब्ध थी, अब GST में कमी के चलते और भी सस्ती हो गई है। जी हां, GST दर को…
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Understanding the Possibility of Bringing Petrol Under GST
Introduction to GST and Fuel Prices In recent times, the discussion surrounding the inclusion of petrol and diesel under the Goods and Services Tax (GST) framework has gained significant traction. Petrol and diesel prices in India are not only a crucial part of the economy but also directly impact the cost of living for millions.…
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Tata’s Most Affordable Car: Tata Tiago Price Drop
Tata Tiago: India’s Most Affordable Car The Tata Tiago has emerged as one of the most economical cars in India, originally priced at ₹4.99 lakh (ex-showroom). The recent reduction in GST has made this popular hatchback even more appealing to budget-conscious buyers. In this article, we’ll explore the implications of the GST decrease and what…
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60 गज का 2BHK फ्लैट बनाने में खर्च और GST कटौती
60 गज के 2BHK फ्लैट का निर्माण: एक संक्षिप्त विश्लेषण भारत में हर कोई अपने सपनों का घर बनाना चाहता है, लेकिन निर्माण लागत कभी-कभी बहुत अधिक हो जाती है। हाल ही में, केंद्र सरकार ने निर्माण सामग्री पर GST दरों में कटौती की है, जिससे घर बनाने वालों के लिए यह एक राहत का…
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The Possibility of Bringing Petrol and Diesel Under GST
Understanding the Current Taxation on Petrol and Diesel In India, petrol and diesel are currently subjected to a variety of taxes, which include the state excise duty, central excise duty, and VAT. These taxes contribute significantly to the final retail price, which varies widely across states. The burden of these taxes often leads to fluctuations…