AIR TICKET GST INCREASE
GST reforms to boost global capability centres' growth in India: Report
The GST reforms will directly bolster global capability centres' (GCCs) operations in India -- not just with tax adjustments but also helping them with enhanced global competitiveness, cost structures and cash flows, according to the report by Grant Thornton Bharat.
India Inc revenue to grow 7% this fiscal on GST restructuring, but profit margins may remain flat: Crisil
Crisil Intelligence expects India Inc’s revenue to grow 6–7% this fiscal, driven by GST rate cuts boosting consumption, especially in FMCG, durables, and automobiles. However, the anti-profiteering rule may limit margin gains.
Higher IPL ticket prices may squeeze franchise revenues
The GST Council's decision to increase tax on IPL match admissions to 40% from 28% is anticipated to negatively impact franchise revenues, especially for teams in smaller cities. Punjab Kings CEO Satish Menon highlighted the potential severity for franchises outside major metropolitan areas, where price sensitivity is higher.
GST reforms to set stage for next investment cycle, provide tailwind for growth in coming quarters and years: Sanjiv Bajaj
Sanjiv Bajaj hailed the government’s GST rate cuts as the biggest reform since 2017, calling it a major driver for demand, lending, and financial services. He expects festive spending, MSME growth, and housing finance to benefit, alongside expanded insurance coverage due to exemptions.
No tax for BCCI, but 40% GST for IPL fans: Harsh Goenka slams govt's latest tax move
Harsh Goenka criticizes the new GST structure. It raises taxes on IPL tickets to 40 percent. This contrasts with the tax exemptions for the Board of Control for Cricket in India. Fans will pay more to watch IPL matches in stadiums. Moviegoers, however, will benefit from tax relief. The move sparks debate about fairness and priorities.
How GST cuts will change what you pay from Sept 22
With GST rates slashed on numerous goods and services, companies are gearing up to revise prices and extend the benefits to consumers by September 22. This involves manufacturers, wholesalers, and retailers coordinating to adjust for products already in distribution with older tax rates. While some sectors anticipate increased demand, others face challenges like managing unsold stock and potential losses.
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From ACs to TVs, GST bonanza likely to boost demand for premium durables ahead of festive season
The GST Council’s latest rate cuts will likely make premium durables like air conditioners, large-screen televisions and dishwashers significantly cheaper this festive season. Industry leaders say the move will not only boost consumer demand but also accelerate premiumisation and strengthen India’s global competitiveness.
Travel industry packs its bags for a festive takeoff
The GST cuts on hotel tariffs and dining are expected to boost the travel and hospitality industry during the festive season, following a weak first quarter impacted by various incidents. With reduced prices, companies like Treebo anticipate increased bookings, aligning with the peak travel period of Navaratri and Diwali.
GST rates boost: Fintechs, lenders hope for a big bang festive sale season
Digital payment and consumer lending startups anticipate a boost in transactions this festive season following the government's GST cuts on key consumption items. The industry expects a 5-20% growth in transaction volumes, with sectors like automobiles and durables potentially seeing a surge. While macroeconomic concerns persist, lenders are cautiously optimistic about increased consumer spending and new customer acquisition.
How will the recent GST changes affect different sectors of the economy?
GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benefit. Two-wheeler makers with higher than 350 cc bikes may face negative impact. Retail-focused lenders could see improved credit demand. Renewable energy companies may gain from GST reduction on solar cells.
Film business sees little relief; Some spot an upside
The reduction of GST on film tickets priced up to ₹100 to 5% offers limited relief to audiences and the exhibition industry, struggling with low footfall and competition. While the Multiplex Association of India had requested a 5% tax slab for tickets up to ₹300, the new GST regime doesn't address this.
Economy flyers may think twice before upgrading
Airlines in India are experiencing a surge in premium cabin demand, but a recent government tax hike on business and premium economy seats threatens this growth. While business class may remain unaffected, premium economy could suffer as price-sensitive economy passengers reconsider upgrades. The tax increase adds to ticket costs, potentially hindering India's competitiveness as an aviation hub.
The makeover announced by GST Council is welcome, but a cup half-full with red tape still fluttering
The GST Council's recent meeting delivered on the promise of GST reduction and rationalization ahead of Diwali, reaffirming commitment to the unified tax reform. While rates on some goods were reduced and classifications simplified, the council fell short of fully eliminating red tape and subjective interpretations.
GST impact on air travel: Do you have to pay extra GST if your travel date is after September 22, 2025?
The GST council is implementing a two-tier GST rate system starting September 22, 2025, impacting air travel. Premium class tickets will see an increase to 18% GST, while economy remains at 5%. The GST rate at the time of booking and payment determines the applicable tax, even if the travel date is after the change.
AC, TV makers cheer over 10% duty cut ahead of festive season; price drop on the cards
Consumer appliance makers anticipate price reductions on large-screen TVs and room air conditioners following GST rate cuts. Televisions above 32 inches could see prices drop by up to Rs 4,000, while air conditioners may become 7-8% cheaper. This move is expected to boost sales, increase product penetration, and encourage local manufacturing, particularly benefiting air conditioner sales during the festive season.
New GST rates: Is the puzzle over popcorn, paranthas and paneer finally solved?
New GST Rates: The GST Council has approved a new tax structure effective September 22, resolving long-standing confusions on food items. Popcorn, paranthas, and paneer now have simplified rates, with pre-packaged and labelled items taxed at 5%. Online gaming and IPL tickets will face a higher 40% GST.
Pay more for IPL matches; movie tickets under ₹100 get cheaper
The GST Council has raised tax on sporting events like IPL to 40% while easing levies on cinema tickets under ₹100, now taxed at 5%. Higher-priced movie tickets remain at 18%. The move balances revenue from marquee sports with relief for small-ticket entertainment, despite industry calls for broader cuts.
GST 2.0 FAQs: Which cars just got cheaper & which ones got costlier? From insurance to gold to cigarettes, all key new price info here
The GST Council has approved a significant overhaul of the Goods and Services Tax regime, effective September 22, 2025, by limiting slabs to 5% and 18%. These changes aim to boost domestic spending and mitigate the impact of US tariffs, with rate reductions on various goods and services, including personal use items, medicines, small cars, and bicycles.
GST cut to reduce prices of TVs, ACs & dishwashers by 8-9%
Great news for consumers as prices of large screen televisions, air-conditioners, and dishwashers are set to decrease. The GST Council's decision to reduce GST rates will lead to an 8-9% price reduction. This move is expected to boost consumption significantly. Haier India anticipates a surge in demand after a temporary sales dip.
GST impact: Like premium air travel tickets, will premium railway tickets cost more after GST 2.0?
Get ready for changes in Goods and Services Tax or GST on air travel. From September 22, 2025, premium air tickets will cost more with an 18% GST. Economy class tickets will remain at 5%. Train tickets will not change. AC and premium train tickets will continue with a 5% GST. Non-AC train travel will remain exempt from GST.
IATA says higher GST on non-economy class flight tickets 'disappointing', counterproductive
IATA has expressed disappointment over the GST Council's decision to raise the GST on non-economy flight tickets to 18%, arguing it undermines efforts to enhance premium travel experiences and could dampen demand. The association believes taxing premium travelers is counterproductive, especially considering the thin profit margins of Asia Pacific airlines.
GST hike on apparel above ₹2,500 to hit demand: Industry
The Clothing Manufacturers Association of India (CMAI) called the decision a big blow to the middle class and the organised sector of garment manufacturers, who it said are already impacted by the tariff war.
Jet, Set, Go: Check GST rates on private aircraft, yachts and premium travel
Luxury flying and sailing will cost more from September 22. The GST Council is increasing taxes on private planes, yachts, and high-end travel. Personal aircraft will face a 40% GST. Yachts will also be taxed at 40%. Premium air tickets will see an 18% GST. Airlines will likely transfer this cost to passengers.
Bajaj Finance, Bajaj Finserv shares rally up to 6% as GST cut for consumer durables likely to boost demand
Bajaj Finserv and Bajaj Finance shares jumped following the government's GST rate reduction on consumer durables like air conditioners and televisions. The GST cut, from 28% to 18%, is anticipated to stimulate retail demand, especially during the festive season. Bajaj Finance is expected to benefit from increased loan disbursals due to more affordable EMIs.
'Ek teer kai nishaan!': From combating Trump’s tariffs to inflation — why Kotak AMC's Nilesh Shah says GST 2.0 hits many targets
Shah also underlined the urgency behind the Council’s push, pointing out that “completing two days GST council meeting in one day does show the urgency.” At the same time, he stressed the need for vigilance against misuse. “While the leakages and fraud of GST needs to be dealt with iron hand, process improvement should be a continuous affair with feedback loop,” he wrote.
GST 2.0: Watching Virat Kohli and Shubman Gill in IPL just got costlier, placed with non-essential & luxury items
Watching IPL matches from the stadium is now more expensive due to a revised GST structure, increasing ticket prices to 40%. This places IPL tickets in the highest GST slab, alongside casinos and luxury goods, significantly impacting cricket fans. While regular cricket matches remain at 18%, IPL and similar premium leagues are uniquely affected by the higher rate.
Diwali cheer comes early for Indian middle class as Sitharaman announces GST 2.0
Diwali arrives early for the Indian middle class. The GST Council reduces tax slabs to 5% and 18%. Food, essentials, and durables become cheaper. Families save money on various products. Personal care items and smaller cars also see tax cuts. Health insurance becomes exempt from GST. The new rates are effective from September 22, 2025.
Fitment panel clears two-slab GST structure
The GST Council is set to consider a proposal for a simplified two-slab GST structure of 5% and 18%, along with a 40% rate for sin and luxury goods. This move, recommended by the fitment committee, aims to lower the tax burden on common household items, potentially reducing it by 12-15%.
Online shoppers press pause button ahead of GST changes; festivities to boost sales: Analysts
Anticipation of upcoming GST reforms has led e-shoppers to delay purchases, particularly in electronics and appliances, expecting lower tax rates. Analysts say this temporary dip will reverse with festive demand. The proposed two-rate GST system is expected to boost affordability, spur consumption, and drive a strong rebound in e-commerce sales.
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