Ashok Leyland shares have gained the most since February 2021 on hopes of a GST rate rationalisation, which could trigger a boost in demand.

For health insurance, rationalisation may either be limited to senior citizens and lower sum assured products or extended across all policies. For life insurance, the…

Prime Minister Narendra Modi, during his address on Independence Day, promised next generation GST reforms by Diwali of this year, which would ease the tax…

Richard Yetsenga, Group Chief Economist at ANZ Research, believes reducing India’s four-tier GST system to two rates would simplify the tax structure significantly and bring…

Inox Wind’s order intake was soft at 51 MW, taking the order book to 3.1 GW, with an execution period of over 24 months, Nuvama…

Out of the 46 analysts that have coverage on Maruti Suzuki, 36 of them have a “buy” rating on the stock, eight say “hold”, while…

Kotak Institutional Equity said the GST rate rationalisation may provide a ₹2.4 lakh crore boost, benefiting mostly auto stocks and consumer durables.

Currently, cement attracts a 28% GST rate, which contributes to between ₹85,000 crore to ₹90,000 crore annually to the coffers of the government. A potential…

Currently, apparel priced below ₹1,000 attracts a 5% GST, while items above that threshold are taxed at 12%. Under the new proposal, apparel above ₹1,000…

Nomura said that a 10% GST cut could boost auto demand by 15% to 20%. In case the GST cuts on ICE happens, it will…