GST reform needs more than rate cuts. The ball is in the states' court
  • 09 Sep 2025 06:21 PM
  • New

GST reform needs more than rate cuts. The ball is in the states' court

Source: https://www.livemint.com/opinion/goods-and-services-tax-gst-rationalisation-india-gst-slab-restructuring-indirect-tax-reform-india-11757406683169.html

The latest rationalisation of GST slabs has sent a quiet but significant signal: tax rates are no longer untouchable. In the past, governments have hesitated to fiddle with tax rates much, on the premise that a bird in the hand is worth two in the bush.

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GST reforms were long overdue, there were too many rates, says Jamshyd Godrej
  • 09 Sep 2025 06:12 PM
  • New

GST reforms were long overdue, there were too many rates, says Jamshyd Godrej

Source: https://www.livemint.com/technology/gadgets/save-more-with-lowered-gst-on-smart-tvs-projectors-headphones-and-more-upgrade-your-tech-now-11757407288187.html

Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for resilience in the face of global disruptions.

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Rajesh Shukla: We can count on India’s GST reset to re-spark consumption
  • 09 Sep 2025 06:07 PM
  • New

Rajesh Shukla: We can count on India’s GST reset to re-spark consumption

Source: https://www.livemint.com/opinion/online-views/tax-reform-india-rate-cut-2025-new-slabs-cheaper-cement-lower-consumer-prices-health-insurance-relief-economy-gdp-rural-11757314216313.html

India’s GST Council has finally done what many had hoped for since 2017—simplified the regime and made it more pro-consumption. From 22 September, the goods and services tax (GST) will collapse into two main rates of 5% and 18%, plus a stiff 40% for a narrow set of luxury and ‘demerit’ goods.

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Govt working on comprehensive package to support exporters hit by US tariffs: Sitharaman
  • 08 Sep 2025 05:14 PM

Govt working on comprehensive package to support exporters hit by US tariffs: Sitharaman

Source: https://www.livemint.com/focus/govt-working-on-comprehensive-package-to-support-exporters-hit-by-us-tariffs-sitharaman-11757321347164.html

New Delhi, Sep 8 (PTI) The government is working on a comprehensive package to support Indian exporters impacted by a steep 50 per cent tariff imposed by the US, Finance Minister Nirmala Sitharaman has said, asserting a multi-departmental engagement is underway to assess the impact on Indian shipments.

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GST rate cut euphoria fading away from the Indian stock market? Key challenges ahead
  • 08 Sep 2025 04:43 PM

GST rate cut euphoria fading away from the Indian stock market? Key challenges ahead

Source: https://www.livemint.com/market/stock-market-news/gst-rate-cut-euphoria-fading-away-from-the-indian-stock-market-key-challenges-ahead-11757302320200.html

The Nifty 50 and Sensex started positively, driven by global signals and GST rate cuts, yet concerns linger about sustaining gains. Analysts suggest short-term global trends will dominate, while the GST reforms may boost consumer demand post-September 22.

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Nifty Auto surges over 3% as rally extends post GST rate cuts; 5 index stocks hit record highs
  • 08 Sep 2025 05:20 PM

Nifty Auto surges over 3% as rally extends post GST rate cuts; 5 index stocks hit record highs

Source: https://www.livemint.com/market/stock-market-news/nifty-auto-surges-over-3-as-rally-extends-post-gst-rate-cuts-5-index-stocks-hit-record-highs-11757319712862.html

The Nifty Auto index climbed 3.4% to 27,220 points, driven by a rally in auto stocks following GST rate cuts. Automakers like Tata Motors and Mahindra announced significant price cuts across key models.

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Supreme Court transfers online money gaming law challenges to itself
  • 08 Sep 2025 05:26 PM

Supreme Court transfers online money gaming law challenges to itself

Source: https://www.livemint.com/industry/supreme-court-online-gaming-ban-online-money-gaming-law-india-supreme-court-online-gaming-ban-11757321387853.html

The Supreme Court clarified that all proceedings pending before the high courts regarding challenges to the new gaming law will now be heard only by the top court, and the high courts will not entertain any petition on related cases.

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CBIC to engage with insurers to work out transition mechanism for ITC on exempt policies: Sitharaman
  • 08 Sep 2025 05:28 PM

CBIC to engage with insurers to work out transition mechanism for ITC on exempt policies: Sitharaman

Source: https://www.livemint.com/companies/news/cbic-to-engage-with-insurers-to-work-out-transition-mechanism-for-itc-on-exempt-policies-sitharaman-11757325883545.html

New Delhi, Sep 8 (PTI) The Central Board of Indirect Taxes and Customs (CBIC) will be engaging with the insurance industry to work out a transition mechanism for the accumulated input tax credit (ITC) of those policies which have been exempted from tax with effect from September 22, Finance Minister Nirmala Sitharaman has said.

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Audi India revises Q3, A4, Q5, Q7, A6 and Q8 prices after GST 2.0: Here’s how much you can save
  • 08 Sep 2025 04:47 PM

Audi India revises Q3, A4, Q5, Q7, A6 and Q8 prices after GST 2.0: Here’s how much you can save

Source: https://www.livemint.com/auto-news/audi-india-revises-q3-a4-q5-q7-a6-and-q8-prices-after-gst-2-0-here-s-how-much-you-can-save-11757317735242.html

Audi India has slashed prices across its lineup after GST 2.0 reduced the overall tax on passenger vehicles. Customers benefit between ₹2.60–7.80 lakh, with models like Q3, A4, Q5, A6, Q7, and Q8 seeing major cuts.

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Why now is the right time to invest in bonds
  • 08 Sep 2025 04:51 PM

Why now is the right time to invest in bonds

Source: https://www.livemint.com/market/bonds/why-now-is-the-right-time-to-invest-in-bonds-11757320278546.html

Investing in bonds is essential for portfolio diversification and stability, especially during equity market volatility. Recent economic changes and interest rate trends in India present a favorable opportunity for bond investments, with yields now more attractive than traditional fixed deposits.

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