B Sumant, the executive director of ITC, said the reforms have been “transformative for both consumers and businesses,” easing compliance and supporting growth. “The GST rate rationalisation across ...

Diversified conglomerate ITC on Thursday said it will pass on the full benefits of the GST rationalisation to customers across applicable non-cigarette FMCG products. “The Government’s Next Generation ...

ITC Ltd on Thursday said it will fully pass on the benefits of the government’s next-generation Goods and Services Tax (GST) rate rationalisation to consumers across its fast-moving consumer goods ...

GST changes from 22 September list: The 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman in New Delhi on September 3, 2025, decided a major overhaul to India’s Goods and ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...

ITC veteran and executive director B Sumant believes that quick commerce and e-commerce are aligning aspiration with access in FMCG. He also believes that q-commerce existed long before apps in India ...

The Enforcement Directorate is investigating a multi-crore fake Input Tax Credit fraud. Raids were conducted across multiple states including Arunachal Pradesh and Delhi. The probe revealed that large ...

The discussions come in the backdrop of several sectors highlighting that, after the recent GST rate rationalisation, many finished goods such as FMCG products, food, and medicines now face a 5 per ...