GST 2.0 Structure And Economic Impact
  • 16 Dec 2025 06:26 PM
  • New

GST 2.0 Structure And Economic Impact

Source: https://taxguru.in/goods-and-service-tax/gst-2-0-structure-economic-impact.html

In reply to an unstarred Lok Sabha question on GST 2.0, the Ministry of Finance stated that the reform has simplified and rationalised the GST rate structure with the objective of supporting economic growth, formalisation, and ease of doing business.

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Govt identifies 489 fake GST registrations linked to forged PAN, Aadhaar till October; ₹3,000 crore tax evaded
  • 16 Dec 2025 05:53 PM
  • New

Govt identifies 489 fake GST registrations linked to forged PAN, Aadhaar till October; ₹3,000 crore tax evaded

Source: https://www.livemint.com/economy/govt-identifies-489-fake-gst-registrations-linked-to-forged-pan-aadhaar-till-october-rs-3-000-crore-tax-evaded-11765804676979.html

The government identified 489 fake GST registrations linked to forged PAN and Aadhaar, resulting in over ₹3,000 crore tax evasion. In FY'25, as many as 3,977 fraudulent registrations were detected, leading to ₹13,109 crore evasion.

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Manipur GST (Second Amendment) Act, 2025: Track-and-Trace Mechanism
  • 15 Dec 2025 06:09 PM
  • New

Manipur GST (Second Amendment) Act, 2025: Track-and-Trace Mechanism

Source: https://taxguru.in/goods-and-service-tax/manipur-gst-second-amendment-act-2025-track-and-trace-mechanism.html

The Manipur Goods and Services Tax (Second Amendment) Act, 2025, received Presidential assent on 10 December 2025, amending the Manipur GST Act, 2017. Key amendments include changes to definitions in Section 2, clarifying terms like “local fund,” “municipal fund,” and introducing “unique identification marking” for certain goods.

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GST relief, festive rush fail to revive small cars as buyers flock to SUVs
  • 15 Dec 2025 05:48 PM

GST relief, festive rush fail to revive small cars as buyers flock to SUVs

Source: https://www.livemint.com/auto-news/gst-relief-festive-rush-fail-to-revive-small-cars-as-buyers-flock-to-suvs-11765701689149.html

Despite federal tax cuts aimed at reviving small car sales, recent data shows consumers favoring larger vehicles. Small car sales increased by just 3%, while compact SUVs grew by 17%, indicating a shift in buyer preferences amidst ongoing debates over emission norms.

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GST cuts clearly reduced inflation, but did they actually stoke demand?
  • 15 Dec 2025 05:56 PM

GST cuts clearly reduced inflation, but did they actually stoke demand?

Source: https://www.livemint.com/economy/gst-cuts-clearly-reduced-inflation-stoke-demand-early-indicators-passenger-vehicle-sales-goods-and-services-11765777724678.html

Some early indicators, particularly passenger vehicle sales, suggest an increase in demand. But the signals are not as clear for other goods and services owing to a lack of robust data.
India recorded ultra-low retail inflation of 0.25% in October and 0.71% in November. A sharp drop in food prices was a major reason behind the disinflation seen in recent months. The recent cuts in goods and services tax (GST) rates also played their part, primarily in October, the first full month with the revised rates.

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Impact of GST Rationalisation On Cooperatives
  • 15 Dec 2025 06:13 PM

Impact of GST Rationalisation On Cooperatives

Source: https://taxguru.in/goods-and-service-tax/impact-gst-rationalisation-cooperatives.html

The Ministry of Cooperation has highlighted the positive impact of recent GST rationalisation on cooperatives across dairy, food processing, agriculture, and rural enterprise sectors.

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India’s consumption is stirring again. The test comes next.
  • 15 Dec 2025 06:00 PM

India’s consumption is stirring again. The test comes next.

Source: https://www.livemint.com/economy/india-consumption-recovery-urban-rural-demand-test-ahead-11765775250142.html

Post-festive sentiment has turned positive, supported by policy easing and strong auto sales. But an urban-led rebound and uneven income growth raise questions about how durable the recovery will be.
India’s consumers are beginning to feel—and spend—better again. After months of caution, sentiment has turned positive in the wake of the festival season, helped by policy easing, lower inflation, and improving urban incomes.

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Ficci president: To catapult the economy, we must reform India’s markets for land, power and capital
  • 15 Dec 2025 05:44 PM

Ficci president: To catapult the economy, we must reform India’s markets for land, power and capital

Source: https://www.livemint.com/opinion/online-views/ficci-president-indian-economy-reform-markets-land-power-capital-factor-manufacturing-hub-11765538165621.html

With bold reforms in land, power and capital, supported by a high-trust regulatory environment, India has an opportunity to emerge as a globally competitive and innovation-led manufacturing hub.

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Mint Money Compass: Car deals, pet costs, and building your financial safety net
  • 13 Dec 2025 05:41 PM

Mint Money Compass: Car deals, pet costs, and building your financial safety net

Source: https://www.livemint.com/newsletters/car-buying-discounts-gst-loans-financial-planning-reserve-fund-overseas-investing-11765545830918.html

The unique combination of tax rationalization, inventory clearances, and lower interest rates could save you lakhs. But don't let attractive discounts derail your household budget.

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Rural demand surges as GST rate cuts, slowing inflation help to boost consumption
  • 13 Dec 2025 05:36 PM

Rural demand surges as GST rate cuts, slowing inflation help to boost consumption

Source: https://www.livemint.com/companies/rural-markets-demand-surge-gst-cuts-inflation-consumption-nabard-india-gdp-itc-hul-nestle-marico-11765523512284.html

NEW DELHI: India’s rural economy expanded and recovered strongly in late 2025, with consumption, incomes and investment improving after a key tax reform and as inflation eased, a survey showed.

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