"Big Diwali Gift": Businessman Harsh Goenka On GST Rates Revision

GST Rationalisation Progressive Step, Big Booster to India's Economic Growth: Mukesh Ambani

Get latest articles and stories on Business at LatestLY. "The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's economic growth. With GDP growth rate having reached 7.8% in the first quarter of this financial year, the n…

"Big Diwali Gift": Businessman Harsh Goenka On GST Rates Revision

Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian.

Mukesh Ambani hails GST reforms, Reliance Retail to pass entire benefits to consumers

Mumbai, Sep 4, 2025 Mukesh Ambani, Chairman and Managing Director of Reliance Industries and Reliance Retail, on Thursday welcomed the second-generation reforms of the Goods and Service Tax (GST) rates, congratulating Prime Minister Narendra Modi for delivering on his promise of a historic “Diwali Gift to the people of India”. Mukesh Ambani said that the GST rationalisation is a progressive step towards making products and services more affordab…

Next-Gen GST Reforms: What gets cheaper in PM's 'big Diwali gift' tax cuts—See list

GST Rate Cut Announced: The GST Council just concluded its 56th meeting, approving a slew of tax cuts for the public at large, roughly a fortnight after Prime Minister Narendra Modi promised a "big Diwali gift" in the form of "substantial" tax cuts. The "next-gen" GST reforms will cost the central and state governments Rs 48,000 crore. Get more GST News and Business News on Zee Business.