As India heads into Union Budget 2026, industry leaders across sectors are calling for focused reforms to sustain growth momentum, unlock private investment, and address long-standing structural gaps. From MSMEs and startups to large enterprises, the consensus is clear:...
The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its detailed pre-budget recommendations for FY 2026–27 to Arvind Shrivastava, Revenue Secretary, Department of Revenue, Ministry of Finance, at Kartavya Bhawan.
The high-level delegation included Saket Dalmia (Former President), Dr....
Global investment bank UBS has ranked India among the most attractive emerging markets for investors, highlighting its resilient economy, strong consumption trends, and reform-driven growth.
In its latest outlook, UBS upgraded Emerging Market (EM) equities to “Attractive,” citing an improving...
Karnataka’s economy—stretching from coffee plantations in Coorg to tech corridors in Bengaluru—has received a major boost through the latest GST rate rationalisation. The reforms span multiple sectors, including agriculture, manufacturing, handicrafts, and technology, reducing prices by 5–12% across essential...
India’s festive e-commerce season is off to a roaring start, with sales surging by up to 25% year-on-year during the first two days, thanks in large part to the GST 2.0 reforms. According to industry estimates, over 16,000 small...
The latest round of Goods and Services Tax (GST) reforms, aimed at easing tax burdens on essential goods and services, has received strong support from traders, small business owners, and industry representatives.
From retail to diagnostics and tourism, stakeholders believe...
The Indian government has rolled out a set of GST reforms targeted at the food processing and logistics industries, aiming to make food products more affordable for consumers while easing compliance for businesses.
By reducing tax rates on essential items,...
In a move welcomed by manufacturers and retailers, the Ministry of Consumer Affairs has clarified that revised GST price stickers are not mandatory on unsold goods manufactured before September 22, 2025.
The decision, issued via notification on September 18, is...
In a significant push to boost financial protection and insurance affordability, the Government of India has directed both public and private insurance companies to proactively pass on GST benefits to consumers and raise awareness around the recent GST exemptions...
India’s automobile industry recorded mixed sales trends in August 2025, with passenger vehicle sales witnessing a decline as customers delayed purchases ahead of the upcoming GST reforms. Meanwhile, the two- and three-wheeler segments reported steady growth, reflecting diverse consumer...
