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Searched Tag: fm nirmala sitharaman
Senior Congress leader and former finance minister P Chidambaram.

Chidambaram on GST: Govt took wrong path for 8 years, made U-turn

September 4, 2025, 09:40 AM - 4 min read

Chidambaram said, "GST rationalisation and reduction of the rates are welcome, but one is left with the thought that these steps are eight years too late."

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Nirmala Sitharaman at the 56th GST Council meeting.

New GST regime from Sept 22: 5pc, 18pc continue; 40pc on luxury

September 4, 2025, 08:34 AM - 3 min read

Union Finance Minister Nirmala Sitharaman announced that the Council has approved a two-tier GST structure with rates of 5 pc and 18pc, along with a new 40pc slab for sin and luxury goods, which will take effect from September 22.

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The Council approved a dual tax structure of 5 per cent and 18 per cent, effectively removing the slabs of 18 per cent and 28 per cent

GST Council meet Day 1: New tax likely to be levied from Sept 22

September 3, 2025, 11:10 PM - 3 min read

The new Goods and Services Tax (GST) is most likely to become effective from September 22, and will result in slashing of rates of hundreds of items, said the GST Council after the first day of its two-day meeting

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 Finance Minister Nirmala Sitharaman during the 56th GST Council meeting, in New Delhi on Wednesday.

GST Council backs dual slab system of 5% and 18%: Sources

September 3, 2025, 08:29 PM - 2 min read

The GST Council has approved a two-rate structure of 5% and 18%, scrapping the 12% and 28% slabs, but opposition states are pressing for revenue loss compensation.

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Kejriwal slams PM Modi over removal of cotton duty. File Photo.

Impose 100 pc tariff on America: Arvind Kejriwal

August 28, 2025, 01:34 PM - 4 min read

Aam Aadmi Party convenor Arvind Kejriwal on Thursday called for India to impose a 100 pc tariff on American goods in retaliation for the United States’ decision to levy a 50 pc tariff on Indian goods.

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New Delhi plans outreach in 40 nations for textiles push.

India eyes 40 nations to boost textiles amid US tariffs

August 28, 2025, 11:32 AM - 3 min read

Hours after steep 50 per cent tariffs on Indian products came into effect in the United States, New Delhi has drawn up a dedicated outreach programme across 40 countries to promote textile exports — a sector that has emerged as one of the worst hit under Washington’s new trade measures, officials said.

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US imposes 50 percent tariff on Indian goods from today.

India braces as Trump tariffs double to 50 pc today

August 27, 2025, 08:55 AM - 5 min read

India stood firm on Tuesday as the United States imposed a 50 per cent tariff on Indian goods, a move set to sharply strain trade ties between the two countries.

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GST slabs to be reduced Centre targets rollout by Vijayadashami.

New GST rates by Dussehra, Centre braces for revenue shortfall

August 25, 2025, 09:57 AM - 3 min read

The Centre is preparing for a significant revenue shortfall as it readies a major overhaul of the Goods and Services Tax (GST) structure, Finance Ministry sources said on Sunday.

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GST Council to decide on ending 12 and 28 pc slabs.

GST Council to meet in Delhi on Sept 3, 4

August 23, 2025, 10:17 AM - 4 min read

The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3 and 4, 2025, in New Delhi. The meeting will begin at 11 a.m. on both days, according to an official communication issued to members.

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Parl panel recommends 35 percent of GDP investment to achieve 8 percent growth.

Invest 35 pc of GDP for 8 pc growth, suggests Parl panel

August 19, 2025, 07:31 PM - 5 min read

A parliamentary panel on Tuesday pitched for raising the investment rate from 31 per cent of GDP to 35 per cent in order to achieve the ambitious growth target of 8 per cent.

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Indian equities end higher investors gain ₹6 lakh crore.

Markets close in green, investors add ₹6 lakh crore

August 18, 2025, 04:40 PM - 4 min read

The Sensex jumped more than 1,100 points during the session but pared some gains to settle 676 points, or 0.84 per cent, higher at 81,273.75. The Nifty 50 advanced 246 points, or 1 per cent, to close at 24,876.95. The BSE Midcap index rose 1 per cent, while the Smallcap index gained 1.39 per cent.

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Members in the Lok Sabha passed the revised Income Tax Bill in New Delhi.

Lok Sabha passes revised Income Tax Bill without debate

August 11, 2025, 05:16 PM - 3 min read

Lok Sabha on Monday passes the revised Income Tax Bill, adopting 566 panel recommendations, without debate amid opposition protests over Bihar’s electoral roll revision.

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