Popcorn GST confusion finally pops away

Popcorn GST confusion finally pops away

Finance Minister Nirmala Sitharaman has clarified the “popcorn puzzle” in GST, explaining why different variants of popcorn were taxed differently earlier and how GST 2.0 now simplifies this. Under the new system, all popcorn, whether salted or chocolate-coated, will attract a uniform 5% GST. #Popcorn #NirmalaSitharaman #GoodsandServicesTax #GST #IndiaNews #FinanceMinister #GST2   Source link

Exclusive: Unfazed by praise for GST reforms, Nirmala Sitharaman says focus remains on duty

Exclusive: Unfazed by praise for GST reforms, Nirmala Sitharaman says focus remains on duty

Union Finance Minister Nirmala Sitharaman on Friday said she remains indifferent to both harsh criticism and praise when performing her duty. She was responding to a question in an exclusive conversation with India Today on how she felt about being praised for the new GST reforms aimed at lowering consumer goods prices, seen as a … Read more

Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?

Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?

Shares of Mahindra & Mahindra surged as much as 7.8% to Rs 3,539.25 on Thursday after brokerages flagged the automaker as one of the biggest winners from India’s sweeping Goods and Services Tax (GST) overhaul. Analysts at Jefferies and Emkay Global said the tax restructuring delivers significant relief across automobiles, with SUV tax cuts a … Read more

‘GST रिफॉर्म का ट्रंप के टैरिफ से कोई लेना-देना नहीं…’, वित्त मंत्री निर्मला सीतारमण ने किया साफ

‘GST रिफॉर्म का ट्रंप के टैरिफ से कोई लेना-देना नहीं…’, वित्त मंत्री निर्मला सीतारमण ने किया साफ

56वीं जीएसटी काउंसिल की बैठक के बाद केंद्रीय वित्त मंत्री निर्मला सीतारमण ने स्पष्ट किया कि हालिया जीएसटी सुधारों का टैरिफ विवाद से कोई संबंध नहीं है. उन्होंने कहा, ‘टैरिफ टर्मॉइल वह मुद्दा नहीं है जिसने जीएसटी सुधार को प्रभावित किया. हम इस पर डेढ़ साल से काम कर रहे हैं.’  वित्त मंत्री ने कहा … Read more

GST 2.0: What gets cheaper, costlier from September 22 after new rates take effect?

GST 2.0: What gets cheaper, costlier from September 22 after new rates take effect?

Finance Minister Nirmala Sitharaman on Wednesday announced the biggest rate overhaul since the introduction of the Goods and Services Tax (GST) in 2017, unveiling a simplified two-slab structure under what is being called “GST 2.0”. The 56th meeting of the GST Council approved the abolition of the 12% and 28% slabs, streamlining the regime into … Read more

ETMarkets Smart Talk: FIIs rotating to midcaps shows smart money chasing growth, says Aamar Deo Singh of Angel One

ETMarkets Smart Talk: FIIs rotating to midcaps shows smart money chasing growth, says Aamar Deo Singh of Angel One

In the latest edition of ETMarkets Smart Talk, Aamar Deo Singh, Sr. VP – Research at Angel One, shares his insights on the recent market rally and the sharp rotation of foreign investor flows. He highlights how FIIs are selectively moving away from largecaps into midcap and smallcap stocks, a trend that signals “smart money” … Read more

Fund Manager Talk | UTI AMC’s Amit Premchandani explains why FII selling isn’t the full story for markets

Fund Manager Talk | UTI AMC’s Amit Premchandani explains why FII selling isn’t the full story for markets

Despite foreign investors pulling money out of Indian equities, Amit Premchandani, Fund Manager (Equity) at UTI AMC, believes the market story runs deeper. He argues that valuations, earnings quality, and sectoral opportunities matter more than short-term flows, and highlights why large caps, BFSI, healthcare, and autos remain attractive bets. Edited excerpts from a chat: Sensex … Read more

ETMarkets Smart Talk| FII selling shifts flows to Korea, Taiwan, Japan; DIIs remain net buyers: Dr. Poonam Tandon

ETMarkets Smart Talk| FII selling shifts flows to Korea, Taiwan, Japan; DIIs remain net buyers: Dr. Poonam Tandon

Foreign institutional investors (FIIs) have turned cautious on Indian equities, with recent outflows finding their way into markets like Korea, Taiwan and Japan. Yet, domestic institutional investors (DIIs) have stepped in as steady buyers, supported by strong retail and SIP inflows. In an exclusive conversation with ETMarkets Smart Talk, Dr. Poonam Tandon, CIO at IndiaFirst … Read more

Midcaps, consumption and cement to lead market upside in H2: Pankaj Pandey

Midcaps, consumption and cement to lead market upside in H2: Pankaj Pandey

“On the consumption side, there are multiple triggers in place. Whether it is FMCG or autos, we are pinning a lot of hopes on the second half for volume revival. So far, volumes have been muted, but we have enough triggers—from GST to the 8th Pay Commission, which may come into effect next year, along … Read more

‘Gave all documents, except blood type’: Bengaluru entrepreneur hits GST dead end

‘Gave all documents, except blood type’: Bengaluru entrepreneur hits GST dead end

Ten months. Two states. Countless rejections. Still no GST. Bengaluru-based entrepreneur Pritam Kudev wasn’t exaggerating when he wrote on LinkedIn, “It’s too easy to do business in India. — Someone who has never applied for GST!” Kudev’s startup Mannlich first tried registering for GST in West Bengal—only to be rejected, clarify, get rejected again, and … Read more