Will GST rate cuts reflect on MRP or companies loot gains? FM Sitharaman answers

Will GST rate cuts reflect on MRP or companies loot gains? FM Sitharaman answers

With GST rate rationalisation, the government is trying to provide relief to the common man and boost the economy. But will companies pass on the benefits to people, or will they pocket the gains? Finance Minister Nirmala Sitharaman explained on India Today TV why she believes the benefits would be passed on to the aam aadmi.

Priority to pass on tax reduction profits: Sitharaman

Minister van Financiën Nirmala Sitharaman zal persoonlijk controleren of bedrijven het voordeel van de goederen- en dienstenbelasting (GST) tariefverlichting doorgeven die woensdag door de federale indirecte belastingorgaan, de GST -raad, de minister, in een interview, in een interview, in een interview, in een interview, in een interview, in een interview, in een interview, in een […]

GST rate cut to counter US tariff hike, India to keep buying Russian oil: FM Sitharaman - OrissaPOST

New Delhi: Finance Minister Nirmala Sitharaman said Friday that the GST rate cut would spur growth in the economy which would offset the drag due to the adverse impact of the US tariff hike on Indian exports. She also said that India would continue to buy Russian oil because of economic considerations as crude was the costliest item in the country’s import bill. The government’s main focus would now be on ensuring that the GST rate cuts on vario…

FM Nirmala Sitharaman explains motive of GST reforms, says "focus will be to ensure rates cuts are passed to common people" - ChiniMandi

New Delhi [India]: Union Finance Minister Nirmala Sitharaman on Friday announced that the foremost priority of the government is to ensure that the benefits of the GST tax reforms reach all the common people of the country. In an interview with India Today TV and Aaj Tak, the minister mentioned that the government has a lot of work after September 22 and expressed confidence that the benefits of the GST reforms will reach the common people. “Our…

Sitharaman Confident Of GST 2.0 Benefits To Common Man: 'Industry Assured Us...'

Finance Minister Nirmala Sitharaman is confident of a positive impact of the GST 2.0 reforms on the common persons, saying that the industry has assured the government it will pass on the benefits."Industry has assured us they will pass it on," Sitharaman said, while speaking to India Today, adding that the government will not tolerate any negligence in passing on the benefits.The Central Board of Indirect Taxes and Customs (CBIC), Sitharaman ex…