NEW DELHI : Nestlé India reported a 23.6% year-on-year drop in standalone profit to ₹753.2 crore in the September quarter as one-time exceptional costs and higher raw material expenses weighed on margins.
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Source: https://taxguru.in/goods-and-service-tax/bcas-seeks-dashboard-gstat-representatives.html
The Bombay Chartered Accountants’ Society (BCAS) has submitted a formal representation to the President of the Goods and Services Tax Appellate Tribunal (GSTAT), seeking the introduction of a dedicated login and personalized dashboard for Authorized Representatives (ARs) on the GSTAT e-Filing Portal.
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Source: https://taxguru.in/goods-and-service-tax/icai-requests-gstr-3b-filing-extension-september-2025.html
The Institute of Chartered Accountants of India (ICAI) has formally requested the Chairman of the Central Board of Indirect Taxes & Customs (CBIC) to extend the due date for filing Form GSTR-3B for the reporting period of September 2025. This request is primarily driven by the timing of the Diwali festival, which is celebrated on October 20th and 21st, 2025.
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In just two years, India has gone from being the best-loved emerging market to the most sold, and now investors are bracing themselves for yet another quarter of disappointing corporate earnings.
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Eternal Ltd (formerly known as Zomato) posted a mixed bag performance in the September quarter (Q2FY26). Year-on-year growth in food-delivery net order value (NOV) recovered to 13.8% from 13.1% in Q1FY26—although it was higher at 21.4% in Q2FY25.
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Life Insurance Corporation of India has launched two new insurance products, LIC Jan Suraksha for lower-income groups and LIC Bima Lakshmi for females. Both plans provide financial protection, savings benefits, and have distinct eligibility criteria and features.
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On October 16, Prime Minister Modi will inaugurate projects worth ₹13,430 crore in Andhra Pradesh, spanning power, railways, and industry. His visit highlights the government's commitment to regional growth through infrastructure and job creation, while he also performs rituals at sacred sites.
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Maruti Suzuki Jimny is the true-blue off-roader from the automaker, which is sold in a five-door guise in India through the Nexa retail outlets.
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Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-cgst-nashik-superintendent-rs-5-lakh-bribe.html
The Central Bureau of Investigation (CBI) arrested a Superintendent of CGST & Central Excise from the Nashik Commissionerate on October 14, 2025, for allegedly accepting a bribe of Rs. 5 lakh. The case was registered after the accused reportedly demanded an initial amount of Rs. 50 lakh, which was later negotiated down to Rs. 22 lakh, to refrain from taking legal action against a private company concerning an IGST input matter.
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Source: https://taxguru.in/goods-and-service-tax/extend-gstr-3b-due-date-extension-due-diwali-holidays.html
The Bombay Chartered Accountants’ Society (BCAS) has submitted a representation to the Union Finance Minister and top GST authorities, seeking an extension of the statutory due date for filing the GSTR-3B return and the consequential tax payment for the period ending September 2025.
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