GST cut on cement to boost sector, accelerate infrastructure growth: Industry players

New Delhi:  The GST rate reduction on cement will not only support domestic manufacturers but also accelerate the pace of infrastructure development and catalyse industrial expansion in India, industry players said on Thursday. A reduction in GST is expected to enhance the competitiveness of the Indian cement industry by creating a level playing field with…

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GST reforms to provide relief to families, ease compliance for businesses: India Inc

New Delhi: India Inc on Thursday hailed the GST Council’s “forward-looking decisions” –moving to two rates of 5 per cent and 18 per cent from 22 September, simplifying refunds and MSME procedures, and exempting individual life and health insurance from the indirect tax regime. Industry bodies said the clarity will ease compliance, reduce litigation, and…

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