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OCTOBER GST GROWTH
India's October Gross GST collections jump 22.9% to Rs 2.31 lakh croreIndia's gross GST collection reached Rs 2.31 lakh crore in October, representing a 22.9% increase from last year. The gross GST collected f...- Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
- Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yieldIndia’s economy is estimated to have grown 7.35% in the September quarter, supported by strong industrial output, GST collections, energy u...
- RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
- From CDMO to aerospace: How Vikas Khemani finds India’s next big themesNow, as Carnelian has ventured into mutual fund business by launching a small-cap fund with a ₹5,000 crore cap, Khemani is focusing on manu...
- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- Navratri shoppers splurge on clothes, appliances as gadgets get pricierSales of apparel, footwear, and cosnumer durables increased over 20% during the recent Navratri-Dussehra festive period. Car retail sales s...
- Festive cheer is high, but shoppers are counting every rupeeConsumers are maintaining festive spending but are focusing on value and utility as shopping habits evolve. Clothing remains the top catego...
- GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
- Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likelyThe Indian automobile industry is currently grappling with rising input and freight costs due to geopolitical uncertainties. Prices of key ...
- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
- GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
- GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
- Echoes of 2017: Why domestic flows alone won't rescue Indian equitiesStrong domestic inflows through SIPs and mutual funds are failing to sustain Indian equity returns amid continuous FII selling and moderati...
- Online festive sales start slow as smartphone demand dips; quick commerce extends shopping windowIndustry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile phone purchases following price hi...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
- GST Council to focus on auto refunds, swifter ITC, fewer noticesThe government is preparing to transition the GST regime toward a trust-based tax administration. This shift includes introducing sweeping ...
- Vehicle registrations up 32% on-year in SeptemberAs per data collated by Federation of Automotive Dealers’ Associations (FADA), passenger vehicles, two-wheelers and commercial vehicles ret...
- Two-wheelers, EVs power September auto sales as festive demand picks upIndia’s two-wheeler market saw record sales in September, boosted by festive consumer buying trends. Two-wheeler sales rose 33.08% year-on-...
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