Indian Benchmark -Indices Sesex and Nifty traded higher on Thursday after the government had put taxes on a series of goods in a revision of goods and services (GST), aimed at stimulating consumption prior to the festive season and compensating for steep American rates, among other things. The NSE Nifty achieved 200 points, or 0.80%, […]
The long-awaited two-day goods and service tax (GST) Meet starts today, but market participants seem surprisingly modest despite the potential for important policy announcements. Speaking with Et Now, Vikash Kumar Jain emphasized that investor sentiment has cooled considerably in the past year. “It was hard to find foreign investors who are bullish about India,” he […]
The Indian bond returns are lower in early deals on Tuesday, because traders expect that investors in the long term owe a major part of the debt supply of states that are owed later in the day. The benchmark 10-year bond return was 6,5672% from 9:50 am, after Monday at 6,5850%. “There are some initial […]
The Indian market ended up higher on Monday and broke a three-day losing run, while stronger than expected GDP data trust investors, while investors also took some relief from the American court who considered most of the rates of President Donald Trump to illegally but held it in place until mid-October. The BSE SENSEX promoted […]
Car shares collected no less than 6% on Monday prior to the all important two-day GST Council meeting that starts on Wednesday 3 September. Sectorally beat his colleagues with the Nifty Auto Index that ended the day with a 2.8% increase. All 15 shares settled in the Green. The positive sentiments helped to sail shares, […]
Markt expert Ajay Bagga believes that the Indian markets may have already been published and can be ready for recovery despite recent weakness. He noted that the first quarter of the lowest in eight quarters was to the lowest, which suggests that resilience. While the quarter of March was initially expected to mark the bottom […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]
The GST system currently has four tax layers of 5, 12, 18 and 28 percent. (AI image) New GST tax rates soon! Come on this Diwali, you will have to pay much lower indirect taxes on various items of daily use, thanks to the reforms of the next generation of goods and services Tax (GST) […]