Business

September 4, 2025 8:11 PM

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Industry Bodies Welcome Next-Gen GST Reforms: CITI Secy Gen Chandrima Chatterjee

Industry bodies have welcomed the next generation GST reforms, saying that the simplification of the tax set-up will help in ease of doing business. Speaking exclusively to Akashvani, Chandrima Chatterjee, Secretary General, Confederation of Indian Textile Industry (CITI), said that the Indian Texti...

September 4, 2025 5:30 PM

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IMC Hails GST Rationalisation, Calls it Landmark Reform

The IMC Chamber of Commerce and Industry has welcomed the Government’s recent decisions on rationalization of Goods and Services Tax (GST) rates. Mr. Arvind Bhansali, Chairman of IMC’s Indirect Taxation Committee, said the move to simplify GST slabs from four (5%, 12%, 18%, 28%) to two simplified ra...

September 4, 2025 11:44 AM

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CAIT Calls GST Reforms and Tax Rate Restructuring Historic and Revolutionary

The Confederation of All India Traders (CAIT) has termed the recent GST reforms and restructuring of tax rates as historic and revolutionary. It said that these reforms will not only benefit small traders, consumers, and India’s economy but will also simplify the tax structure and significantly boos...

September 4, 2025 7:52 AM

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PM Modi hails GST reforms unveiled by Finance Minister Nirmala Sitharaman

Prime Minister Narendra Modi has hailed the next-generation reforms in GST announced by Finance Minister Nirmala Sitharaman. In a social media post, Mr. Modi said that the government has decided to cut GST rates, which will benefit the common man, farmers, MSMEs, middle-class, women and youth. He ad...

September 4, 2025 6:52 AM

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Minister of State Dr. L. Murugan: PM Modi Set Tone for Next-Generation GST Reforms

Minister of State for Information and Broadcasting, Dr. L Murugan, has said that Prime Minister Narendra Modi had set the tone for the next generation reforms on the 79th Independence Day. He said that Mr. Modi had decided to give the benefit before the Diwali festival.      Speaking about GST refor...

September 3, 2025 7:39 PM

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Gold Inches Up, Silver flat in Indian Bullion Market

In the Indian bullion market, 24 Karat Gold was trading over half a per cent up at 1,06,800 rupees per 10 grams, and Silver was trading flat at 1,24,400 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold for October contract was trading over half a per cent up at 1,06,341 ...

September 3, 2025 6:32 PM

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Rupee appreciates by 9 paise to close at 88.06 against US dollar

In the Forex market, the rupee today appreciated by nine paise to close at 88 rupees and six paise against the US dollar amid positive domestic equities, softening of crude oil prices and weak US dollar index. The dollar index, which indicates US dollar's strength against a basket of six other leadi...

September 3, 2025 5:15 PM

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Domestic indices rise by over half a percent despite flat opening

Benchmark domestic equity indices rose over half a per cent today. The markets had opened on a flat note and remained largely range-bound during intra-day trade. However, both the indices secured remarkable gains during last hour of trade. The Sensex gained 410 points, to close at 80 thousand and 56...