GST IMPACT ON RAILWAY TICKETS
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.
Nirmala Sitharaman flags GST 2.0 as final piece in big tax reforms, says overhaul was driven by affordability & Aatmanirbharta
Finance Minister Nirmala Sitharaman asserts that the GST revamp is a significant taxation reform, poised to positively impact India's economy. While not directly addressing tariff challenges, it offers a cushion. The government is also working on supporting tariff-hit sectors, with potential measures expected soon, particularly for textiles.
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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Stocks in news: Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS Motor
Indian markets closed marginally higher, buoyed by GST reforms signaling a significant tax overhaul. Zydus Lifesciences will introduce a generic multiple sclerosis drug in the US, while NTPC permanently discontinues operations at its Tanda thermal project. Varun Beverages will manufacture visi-coolers through a joint venture, and TVS Motor launched the NTORQ 150 scooter.
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.
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.
Amid GST recast, fresh push to cut tax slab for India's R&D institutes
Leading scientific institutions in India face challenges due to increased GST rates. Niti Aayog advocates for relief to ease the purchase of essential equipment. Surveys reveal the crippling impact of GST on R&D. High-level discussions are underway to restore the concessional 5% rate. The previous withdrawal of concession in 2022 surprised the scientific community.
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.
Eight years too late: P Chidambaram on Centre's GST reforms
"I welcome the reduction. The other truth is that it has been done eight years too late. We have always advocated a single rate, with a small plus or minus. This is a huge progress over the six or seven rates they had. In the course of time, I believe, it will come down to a single rate," Chidambaram told ANI.
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.
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 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.
Trump’s tariff pains, Modi’s GST relief: Govt gives a reform armour to every Indian
India rolls out GST 2.0 reforms to boost domestic consumption and shield the economy from the impact of US tariffs. The revamped GST structure simplifies tax slabs and lowers rates on essential goods and services, putting more money in the hands of households and businesses. Experts say the reforms could give a meaningful lift to GDP, while rising consumer confidence across urban and rural India signals stronger spending ahead.
Big GST Reset: FMCG, cars, electronics to see immediate demand push, says Keki Mistry
The GST reset, initiated by Prime Minister Modi, aims to stimulate domestic consumption through rationalized rates and relief measures for households and businesses. Keki Mistry highlights its potential multiplier effect on the economy, particularly benefiting SMEs and the real estate sector.
Explained: How PM Modi's Rs 48,000 crore GST gift impacts stock market investors
Prime Minister Modi's GST reforms, carrying ₹48,000 crore revenue implications, have sparked a market rally. The simplification of GST architecture, with rate reductions, is expected to boost consumption across sectors like automobiles and FMCG. Analysts project a significant GDP growth and increased corporate earnings, making investors optimistic about sustained market gains.
Diwali bonanza from GST panel! Market may rally further on resolution on tariff front, says Julius Baer’s Rupen Rajguru
Following the GST Council meeting, Julius Baer's Rupen Rajguru anticipates a potential market rally driven by tax cuts and tariff resolutions. He suggests that Indian equities, currently underperforming, could see a turnaround. Rajguru favors consumption-related sectors like autos and low-ticket discretionary items, while remaining neutral on IT and optimistic about pharma, particularly hospitals and CDMOs.
'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.
Is your stock portfolio ready for GST 2.0? Council meeting may rewrite market playbook
The GST Council meeting is anticipated to bring significant reforms, potentially boosting sectors like autos, consumer durables, and discretionary consumption. Analysts predict that a GST rate cut of 7-10% could lead to price reductions, spurring demand. Experts believe these reforms could trigger a strong consumption upcycle, especially benefiting lower-income households and driving growth in various sectors. Stock market investors are rejigging portfolios accordingly.
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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