Reimagining India’s GST landscape: A path towards uniformity and growth

A central feature of the upcoming changes is the rationalization of the multi-tiered rate structure into three slabs: 5%, 18%, and 40%. (AI image) By Saurabh Agarwal, Tax Partner, EY IndiaThe Prime Minister’s announcement on August 15, 2025, unveiling “next generation” GST reforms, signals a pivotal moment for India’s tax ecosystem. This transformative initiative, slated…

Read More

Fitch affirms India’s credit rating at ‘BBB-‘: Trump’s tariffs seen as ‘moderate’ risk; points to ‘robust growth & solid external finances’

India’s economic prospects remain favourable compared to peers. (AI image) India’s credit rating has been affirmed at ‘BBB-’ with a stable outlook by ratings agency Fitch. The confidence in India’s growth story comes as a booster shot at a time when India faces 50% tariffs from the US for its exports.According to Fitch, India’s ratings…

Read More

‘Trump’s way of dealing with world a departure’: Jaishankar says recent experience taught India to not rely on a single market; asserts strategic autonomy

Jaishankar highlighted how Trump’s methods represent a significant shift, particularly in the use of tariffs for both trade and non-trade purposes. External Affairs Minister S Jaishankar has highlighted that India’s recent experience taught the country the importance of avoiding reliance on a single supply chain or market. He advised industries to adopt diversification as a…

Read More

Gold price prediction: What’s the gold rate outlook for August 25, 2025 week – should you buy or sell?

Gold price prediction: Amidst the surprisingly dovish tone we could see continued upside momentum in Gold and Silver as market participants. (AI image) Gold price prediction today: Gold prices are likely to trade with a higher bias this week. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his outlook on…

Read More

Sebi steps up fight against cyber frauds, seeks support

NEW DELHI: Stock market regulator Sebi is intensifying its fight against cyber fraud and has sought support from the states to prevent misuse of social media platforms and protect investors across the country from the menace.Sebi chairman Tuhin Kanta Pandey, who took charge in March, has written to chief secretaries, seeking collaboration to “spread awareness”…

Read More

Indian exporters get support under new EPM scheme: Government plans Rs25,000 crore package; launch two new programs to curb tariff impact

NEW DELHI: The government is preparing a support package worth about Rs 25,000 crore under the Export Promotion Mission (EPM), announced in the Union Budget 2025-26, to strengthen Indian exporters over the next six financial years (2025-31). PTI sources said the initiative aims to provide affordable credit, improve market access, and cushion exporters from the…

Read More