Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing
  • 11 Jan 2025 06:24 PM
  • New

Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing

Source: https://www.livemint.com/industry/budget-2025-expectations-ev-industry-seeks-5-uniform-gst-incentives-for-domestic-battery-manufacturing-11736576254982.html

Budget 2025 Expectations: The EV industry expects the Union Budget 2025 to address GST simplification and inverted tax issues. Proposals include incentives for local battery manufacturing and consumer subsidies to enhance EV accessibility, aligning with India's goal of a 30% EV market share by 2030.

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GST return filing and payment deadline extended by two days after technical snag hits GSTN system
  • 11 Jan 2025 06:19 PM
  • New

GST return filing and payment deadline extended by two days after technical snag hits GSTN system

Source: https://www.livemint.com/economy/gst-return-filing-and-payment-deadline-extended-by-two-days-after-technical-snag-hits-gstn-system-11736514820881.html

GST return filing: The last date for filing December GSTR-1 is January 13, while taxpayers opting for quarterly payment under the QRMP scheme for the October-December period will be January 15.

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Top News on Jan 10: GST return filing deadline extended, 90-hour work week row, Los Angeles wildfires, more
  • 11 Jan 2025 06:22 PM
  • New

Top News on Jan 10: GST return filing deadline extended, 90-hour work week row, Los Angeles wildfires, more

Source: https://www.livemint.com/news/india/top-news-jan-10-gst-return-filing-deadline-l-t-chairman-90-hour-work-los-angeles-wildfires-pm-modi-nikhil-kamath-11736516888861.html

From the extension of the GST return filing and payment deadline to the 90-hour work week debate to PM Modi's podcast debut with Nikhil Kamath to Los Angeles wildfires, here are today's top stories.

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Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17
  • 10 Jan 2025 06:28 PM

Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17

Source: https://www.livemint.com/market/stock-market-news/delta-corp-shares-surge-7-after-sc-stays-show-cause-notice-up-to-1-1-lakh-crore-until-march-17-11736491198714.html

Shares of Delta Corp climbed by as much as 7 per cent on January 10 after the Supreme Court put a hold on GST show cause notices amounting to ₹1.12 lakh crore issued to online gaming companies.

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GST portal faces technical issues; taxpayers struggle as GST Network seeks extension for December filing deadline
  • 10 Jan 2025 06:36 PM
United Spirits receives ₹1.13 crore GST notice from Kerala Government
  • 09 Jan 2025 06:34 PM

United Spirits receives ₹1.13 crore GST notice from Kerala Government

Source: https://www.livemint.com/companies/news/united-spirits-receives-rs-1-13-crore-gst-notice-from-kerala-government-11736347411561.html

United Spirits receives ₹1.13 crore GST notice from the Kerala government. The company has decided to appeal to higher authority, as per BSE filing. Shares closed lower on January 8.

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Gabbar Sitharaman Tax: Congress’ fresh jab at FM, says new circulars are issued 90 months after GST rollout
  • 09 Jan 2025 06:39 PM

Gabbar Sitharaman Tax: Congress’ fresh jab at FM, says new circulars are issued 90 months after GST rollout

Source: https://www.livemint.com/news/india/gabbar-sitharaman-tax-congress-new-jab-at-fm-says-new-circulars-are-issued-90-months-after-gst-rollout-11736419896132.html

Congress leader Pawan Khera terming GST as Gabbar Sitharaman Tax. He emphasized the negative effects on middle-class families and farmers, and noted that even after 90 months, new circulars are being introduced.

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InCred adds Deepak Fertilisers to high-conviction stock picks, removes THESE two stocks; here’s why
  • 07 Jan 2025 06:48 PM

InCred adds Deepak Fertilisers to high-conviction stock picks, removes THESE two stocks; here’s why

Source: https://www.livemint.com/market/stock-market-news/incred-adds-deepak-fertilisers-to-high-conviction-stock-picks-removes-exide-bcl-industries-heres-why-11736243669670.html

India faces macroeconomic challenges, including weak GST growth and currency fluctuations, according to InCred. However, optimism remains for IT and pharmaceutical sectors. The upcoming Union Budget is crucial for implementing fiscal measures to support growth amid these uncertainties.

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Cab Unions Urge Reconsideration of Proposed GST on Subscription-Based Earnings to Protect Livelihoods
  • 06 Jan 2025 06:21 PM