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Category: Economic News
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Latest GST 2.0 Updates in India (2025): Sector-Wise Impact, Category Classification & Key Changes
India has rolled out GST 2.0, the most comprehensive update to the Goods and Services Tax since its launch in 2017. Effective from September 22, 2025, the reform introduces fewer slabs, lower taxes on essentials, higher levies on luxury/sin goods, and simpler compliance rules. This article explains the new GST rate slabs, provides category-wise classification,…
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Car Prices in India After GST Rate Cut – Full List With Old and New Prices
The recent GST rate cut on automobiles in India has brought huge relief to buyers. Car prices across segments—from hatchbacks to premium SUVs—have dropped significantly. The move is expected to boost sales in the auto sector, revive demand for small cars, and make popular models more affordable for Indian customers. In this article, we provide…
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Apple’s ₹79,000 Crore India Sales Spark Donald Trump’s Anger: Tim Cook Questioned Amid US-India Tensions
The growing economic partnership between India and global tech giants has once again become a flashpoint in international politics. Recently, Apple recorded massive sales worth ₹79,000 crore (approximately $9.5 billion) in India, a record-breaking achievement for the iPhone maker in one of the fastest-growing smartphone markets in the world. However, the news has not gone…
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Google Hit with $3.5 Billion EU Fine; Trump Warns of Retaliation
In a landmark decision, the European Union has fined Google $3.5 billion (approximately €2.95 billion) for violating EU competition laws related to its advertising technology practices. This decision has sparked international attention, with former U.S. President Donald Trump criticizing the fine as unfair and threatening potential retaliatory actions. This blog explains the details of the…
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Tata Motors Price Cut 2025: Up to ₹1.45 Lakh Off Tata Cars Following GST 2.0
Tata Motors, one of India’s leading automobile manufacturers, has announced a significant price reduction across its passenger vehicle range, effective September 22, 2025. This move comes in the wake of the newly approved GST 2.0 regime, allowing the company to pass the benefits of reduced and simplified tax rates directly to customers. Why Tata Motors…
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8th Pay Commission: What Central Employees and Pensioners Can Expect
The Central Government periodically revises the salary structure of its employees and pensioners through Pay Commissions. After the 7th Pay Commission (implemented in 2016), the spotlight has now shifted towards the 8th Pay Commission, expected to be rolled out around 2026. This upcoming revision is of huge interest to over 47 lakh central employees and…
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What Common Indians Think About Donald Trump and the US Now
For ordinary Indians, Donald Trump’s actions against India — tariffs, trade pressures, and tough talk — are nothing new. Most people see it as part of a long American habit of putting its own interests first. But here’s what the common man in India really thinks about Trump and America today. 1. Not Surprised –…
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Modi Govt’s GST Rate Cut: Health Insurance & Cancer Medicines Now Tax-Free
The Government of India has taken a major step towards affordable healthcare and insurance accessibility by introducing sweeping changes in the GST structure. Effective September 22, 2025, the new reforms aim to reduce the financial burden on households and provide relief to patients dealing with chronic and life-threatening diseases. Key Highlights of the GST Reform…
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New GST Rates from September 22: Highest Tax on Luxury Items – Full Sector-Wise List
The Government of India has revised the Goods and Services Tax (GST) rates, effective September 22, impacting multiple sectors. This update brings both relief and burden depending on the category of goods. While some essential items continue to attract lower taxes, luxury and high-value products have been moved to the highest GST slab of 40%.…
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GST Cuts on ACs, TVs, Fridges & Washing Machines – Big Savings for Buyers
The Indian government has recently revamped the Goods and Services Tax (GST) structure, bringing major relief for households and middle-class consumers. With the revised GST rates, air conditioners, refrigerators, washing machines, and televisions have become more affordable, giving a big push to consumer spending just ahead of the festive season. This move is expected to…
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GST Revamp 2025: Small Cars and Bikes Get Cheaper — Is EV Growth at Risk?
India’s GST overhaul, effective 22 September 2025, introduces a simplified two-slab structure (5% and 18%) plus a 40% on luxury/sin goods. This restructuring offers strong discounts on mass-market vehicles but raises questions about the future of the electric mobility push. GST Rate Changes: How Vehicles Are Affected Vehicle Type Previous GST (incl. cess) New GST…
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GST Cuts on Tractors, Fertilisers & Fruits: Big Relief for Farmers, Lower Costs & Rural Growth in 2025
The agriculture sector in India has received a massive boost with the latest GST reforms, aimed at lowering costs for farmers and making essential items more affordable. The government’s move to restructure GST rates has provided relief across a wide range of agricultural products—from tractors and machinery to fertilisers and food items. This change is…