17 Oct 2025 05:48 PM
New

Nestlé India sees profit dip but strong sales growth amid GST adjustments

Source: https://www.livemint.com/companies/news/nestl-india-profit-decline-strong-sales-growth-gst-adjustments-exceptional-costs-q2-higher-raw-material-prices-11760611245554.html

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.

17 Oct 2025 05:33 PM
New

HDFC Life to cut distributor commissions after GST changes hit margins

Source: https://www.livemint.com/industry/banking/hdfc-life-q2-results-gst-impact-commission-cut-profit-margin-hit-11760615541486.html

Mumbai: HDFC Life Insurance Co. will reduce distributor commissions as the removal of the goods and services tax (GST) on certain retail term and health policies caused a loss of input tax credit even as it passed on lower tax benefit to consumers, according to a top executive.

17 Oct 2025 06:05 PM
New

ICAI Requests GSTR-3B Filing Extension for September 2025

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.

17 Oct 2025 05:58 PM

Zomato's Q2 show: Food delivery growth steady, fees rise, Blinkit still a drag

Source: https://www.livemint.com/market/mark-to-market/zomatos-q2-show-food-delivery-growth-steady-fees-rise-blinkit-still-a-drag-11760688182561.html

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.

17 Oct 2025 06:08 PM

BCAS Seeks Dashboard for GSTAT Representatives

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.

17 Oct 2025 05:55 PM

Andy Mukherjee: As foreign investors pull money out, can India win back their confidence?

Source: https://www.livemint.com/opinion/online-views/india-stock-market-foreign-investor-outflows-indian-corporate-earnings-tcs-profit-miss-ai-impact-h-1b-visa-assets-nifty-11760678308567.html

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.

16 Oct 2025 06:11 PM

Maruti Suzuki Jimny, the true-blue SUV, becomes affordable by up to ₹60,000. Old and new price post GST 2.0 compared

Source: https://www.livemint.com/auto-news/maruti-suzuki-jimny-the-true-blue-suv-becomes-affordable-by-up-to-rs-60-000-old-and-new-price-post-gst-2-0-compared-11759313756603.html

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.

16 Oct 2025 06:14 PM

PM Modi in Andhra Pradesh today: Full itinerary, key projects worth ₹13,000 crore on the agenda

Source: https://www.livemint.com/news/india/pm-modi-in-andhra-pradesh-today-full-itinerary-key-projects-worth-13-000-crore-on-the-agenda-11760582646935.html

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.

16 Oct 2025 06:17 PM

LIC launches 2 new insurance plans after GST rate cuts; check all details on eligibility, features and benefits

Source: https://www.livemint.com/insurance/lic-launches-2-new-insurance-plans-after-gst-rate-cuts-check-all-details-on-eligibility-features-and-benefits-11760606674898.html

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.

16 Oct 2025 06:22 PM

CBI Arrests CGST Nashik Superintendent in Rs 5 Lakh Bribe

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.