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Friday, May 1, 2026
TopicGST rate cut

Topic: GST rate cut

There is a shift in Modi govt’s economic strategy. It comes with some risks

The government’s post-Covid policy was to keep the fiscal deficit under check, rein in its revenue expenditure, and spend more on building infrastructure. That strategy seems to be changing.

Cutting income tax is not the fix Indian economy needs. It’s slashing GST rates

Tax officials will try and collect more taxes to meet their optimistic targets. But that will have a further negative effect on consumption demand.

Lotteries take a hit, but states prevent other GST rates from being hiked

GST council votes to levy uniform 28% tax on both state and private lottery, which will come into effect from March 2020. The tax rate earlier was 12%.

Modi govt wants to know why your latte is so expensive, McDonald’s says thank GST

McDonald’s franchisee Hardcastle gets notice for not dropping the price even after GST rate cut, insists input tax credit withdrawal has left a deep impact.

GST rate cut shows reformist intent of Modi govt

GST rate cuts will help formalisation and boost business. Relaxation of return filing procedures should help smaller firms embrace the tax reform.

On Camera

Indian companies sourcing from Chinese suppliers are the latest victims of US-China trade war

This is the latest phase in the US-China technology competition, which now spans supply chain law, export controls, labour compliance, and semiconductor access.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

76 yrs on, exhibition on Korean War brings to life independent India’s 1st overseas military deployment

'Guardians of Neutrality: India's Korean Mission', organised in Delhi, brought out unknown and forgotten aspects of the war.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.