Latest GST reforms News & Updates

New Delhi, Jan 9 (IANS) India’s automobile industry delivered a strong performance with passenger volumes up 20 per cent YoY in the October–December 2025 quarter, driven by GST reforms, a pickup in rural demand, and sustained festive momentum, a report said on Friday.Financial services firm PL Capital said in a report that improved affordability, easier financing, and recovering consumer sentiment supported broad‑based volume growth across passenger vehicles, two‑wheelers, and commercial…

New Delhi, Dec 30 (IANS) The economic reforms undertaken by the government in 2025 reflect a clear shift towards outcome-based governance, reducing friction for citizens and businesses, enhancing transparency and efficiency and laying the foundation for sustained, inclusive economic growth.By simplifying taxation, modernising labour laws, strengthening MSMEs, boosting rural employment and advancing digital payments, these measures collectively foster trust, resilience and global competitiveness …

New Delhi, Dec 26 (IANS) India’s logistics costs are projected to decline to 7–8 per cent by 2035 from current level of 13–14 per cent of GDP, aligning India with global benchmarks and boosting export competitiveness, a report said on Friday.The report from Grant Thornton Bharat said the sector recorded 48 deals in 2025, a 37 per cent increase over 2024, with private equity and venture capital investments reaching $659 million, largely focused on tech-enabled, asset-light models.India’s …

New Delhi, Dec 25 (IANS)With GST reforms and Research Development Incentive (RDI) Scheme, the year 2025 has been a crucial turning point for Indian pharma, said industry experts on Thursday, while highlighting innovation and increased access as key factors for the sector’s growth in 2026.Indian pharma is standing at a defining moment. In the past 25 years, the industry has grown from $3 billion to $60 billion. The next 25 years will be shaped by innovation, quality, and access.“The year 2025…

New Delhi, Dec 20 (IANS) The government has said it is in regular consultation with exporters, including MSMEs, across different states to assess the impact of US tariff on textiles and apparel exports and other challenges, and continues to work to mitigate the impact of the US tariff measures on Indian exports through a comprehensive multi-pronged strategy.According to Minister of State for Textiles, Pabitra Margherita, the strategy encompasses intensive engagement with the US government for a …