GST rate cut impact on apparel retail sector in India, ETCFO

An analysis by Crisil Ratings of 40 organised apparel retailers, accounting for a third of the sector’s revenue, indicates that the recent goods and services tax (GST) rationalisation will add about 200 basis points (bps) to revenue growth of India’s organised apparel retail sector this fiscal, keeping it steady at 13-14% for the second consecutive […]

Economy

GST revisions to boost organised apparel revenue by 200 bps; keep growth at 13-14%: Report

The uniform 5% GST rate — versus the previous dual structure of 5% below ₹1,000 and 12% between ₹1,000 and ₹2,500 — has widened the consumption base. The recent goods and services tax (GST) rationalisation is set to lift revenue growth of organised apparel retailers by about 200 bps this fiscal, keeping the topline steady […]

Triple bonanza this Diwali: How income tax cuts, GST reductions & repo rate cut have put around Rs 1.5 lakh in your pocket – explained

In this article, we take a look at how irrespective of the income level you are at, there is more money in your pocket thanks to either tax cuts, EMI reductions or a combination of both. (AI image) This Diwali, you have more disposable income in your hands thanks to a triple bonanza of government’s […]

GST rationalisation: Organised apparel retailers to see 200 bps growth lift; festive demand, affordability key drivers

The recent rationalisation of Goods and Services Tax (GST) is expected to lift revenue growth in India’s organised apparel retail sector by about 200 basis points this fiscal, keeping it steady at 13-14 per cent for the second consecutive year, according to Crisil Ratings. The assessment is based on an analysis of nearly 40 organised […]

GST reforms benefitted sector indirectly: Campari

NEW DELHI: While alcoholic liquor for human consumption remains outside the ambit of GST, recent reforms in this taxation have benefitted the industry indirectly. Campari Group (India) MD Shivam Misra has told TOI that several upstream and allied services in the value chain now carry clarified and, in many cases, concessional, rates. “For route-to-market, this […]

Economy

Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman Sachs. “We expect an additional policy rate cut […]

Economy

Retail inflation expected to decline on high base and GST reform impact in October: Report

India’s retail inflation is expected to decline further in October 2025, driven by a high base effect, delayed seasonality in food prices, and the full impact of recent GST reforms, according to a report by Union Bank of India. The report anticipates only a gradual pickup in price pressures in the months ahead. “Our projection […]

Dhanteras turns record-breaking! Cars, electronics and jewellery see unprecedented demand; GST cuts, festive spirit fuel purchases

Dhanteras 2025 is turning into a record-breaking festival for Indian retailers, with strong demand across automobiles, electronics, and jewellery.Maruti Suzuki India expects to cross the 50,000-unit mark over the two-day festival, marking its highest-ever Dhanteras sales, said senior executive officer, marketing & sales, Partho Banerjee. “We are expecting around 41,000 deliveries today, with another 10,000 […]