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GST RELIEF ENDS
India's consumption story coming back to life and the timing couldn't be better: Ashi AnandIndian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are ...- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
- Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expertsPetrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Nifty rebounds 8% in April after March rout, but stays below pre-war levels. What does it signal?Nifty has rebounded 8% in April after a sharp March correction but remains below pre-war levels, signalling cautious recovery. The bounce i...
- Moving to New Zealand? Here’s how the tax system worksNew Zealand's tax system, managed by the Inland Revenue Department, requires income and Goods and Services Tax (GST) payments. Migrants nee...
- Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
- FMCG prices rise up to 5% as GST relief ends, weak rupee and rising costs squeeze marginsDistributors said select packs of everyday items, from detergents and hair oils to chocolates, noodles and cereals, have started reaching s...
- Film business sees little relief; Some spot an upsideThe reduction of GST on film tickets priced up to ₹100 to 5% offers limited relief to audiences and the exhibition industry, struggling wit...
- GST rate for jewellery unchanged at 3% , but industry sees indirect gainsMumbai jewellers are happy with the GST reductions in other sectors. They believe this will help their business indirectly. The GST Council...
- Will petrol and diesel come under GST? Council to take call in first in-person meeting since start of pandemicThe GST council may decided today on a range of topics including whether to include petroleum products under GST ambit which will significa...
- Implications of the 43rdGST Council meet, and what comes next?One major change introduced by the Council was the grant of IGST exemption to specified COVID -19 relief goods purchased for free distribut...
- GoM to look into GST rates on Covid vaccines, drugs, devicesStates including Odisha, Gujarat, Punjab, Chhattisgarh, Kerala and West Bengal sought full GST waiver for Covid vaccines, drugs and related...
- Nirmala Sitharaman says items already exempted from tax listed in Mamata Banerjee's letter to PM ModiEarlier today, West Bengal Chief Minister Mamata Banerjee had urged Prime Minister Narendra Modi to exempt COVID-related life-saving drugs ...
- Double whammy for service companies: Required to pay GST on defaults, bad debtsServices companies have been dealt a twin blow: Unpaid bills, & GST liabilities on incidents on non-payment.
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