ReNew cut prices for its solar modules and cells after India lowered GST on renewable energy equipment from 12% to 5%, effective Sept. 22, 2025. The company said the reduction will deliver major ...
India's GST Council has reduced the GST rate on solar cells – whether or not assembled into modules – from 12% to 5%, effective Sept. 22. The tax cut is expected to make solar cells and modules more ...
The components include solar power equipment, solar cookers and lamps, windmills and generators, waste-to-energy systems, biogas plants, and tidal or wave energy installations. Image: Vikram Solar.
India's GST was simplified to a two-rate structure of 5% and 18%, instead of the current four slabs. An additonal 40% tax on "super luxury" and "sin" goods was also introduced. The tax cuts are " ...
The GST rationalisation, implemented on September 22, 2025, coincided with the start of India’s peak festive advertising ...
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GST reforms 2025: While car buyers rejoice, dealers with old inventory stare at Rs 2,500 crore hit
CHENNAI: While cars, two wheelers and SUVs may have gotten cheaper, the new GST slabs have thrown up a Rs 2,500 crore pinch for passenger vehicle dealerships. With the compensation cess set to lapse ...
Ahead of the Diwali festival in late October 2025, the Indian government will roll out sweeping reforms to its Goods and Services Tax (GST), the country's unified consumption tax, akin in scope to a ...
India, Dec. 14 -- The decline in Consumer Price Index (CPI) or retail inflation due to massive GST rate rationalisation has been around 25 bps so far in the September-November 2025 period, according ...
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