CBIC to engage with insurers to work out transition mechanism for ITC on exempt policies: Sitharaman
  • 08 Sep 2025 05:28 PM
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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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Supreme Court transfers online money gaming law challenges to itself
  • 08 Sep 2025 05:26 PM
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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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Hindalco to Infosys - Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment
  • 03 Sep 2025 05:09 PM
  • New

Hindalco to Infosys - Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment

Source: https://www.livemint.com/market/stock-market-news/hindalco-to-infosys-jay-thakkar-suggests-three-stocks-to-buy-or-sell-for-short-term-in-f-o-segment-11756872286091.html

Indian stock markets edged up on Wednesday, led by the auto and consumer sectors ahead of a GST Council meeting. Nifty 50 increased by 0.15% and Sensex by 0.17%, but analysts warn of potential market weakness due to continued selling and external economic challenges.

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MRF, JK Tyre to CEAT: Tyre stocks skyrocket up to 6% today; here's why
  • 02 Sep 2025 06:29 PM

MRF, JK Tyre to CEAT: Tyre stocks skyrocket up to 6% today; here's why

Source: https://www.livemint.com/market/stock-market-news/mrf-jk-tyre-to-ceat-tyre-stocks-skyrocket-up-to-6-today-heres-why-11756802869187.html

JK Tyre & Industries share price leading among the gainers jumped nearly 6 per cent on September 2. Meanwhile, MRF and CEAT shares were trading 5 per cent up.

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From Maruti Suzuki, to Tata, and Hyundai — auto makers see low sales in August. Could GST reform brighten prospects?
  • 02 Sep 2025 05:53 PM

From Maruti Suzuki, to Tata, and Hyundai — auto makers see low sales in August. Could GST reform brighten prospects?

Source: https://www.livemint.com/auto-news/auto-makers-maruti-suzuki-tata-motors-hyundai-india-mahindra-tvs-low-sales-august-2025-gst-slab-rejig-brighten-prospects-11756728697351.html

Maruti Suzuki, Tata Motors, Hyundai Motor, and Mahindra & Mahindra — auto makers have seen their sales dip this August compared to last year. Here, we examine whether the likely GST slab rejig could brighten prospects.

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News broadcasters seek GST relief, input tax credit on staff costs
  • 02 Sep 2025 06:02 PM

News broadcasters seek GST relief, input tax credit on staff costs

Source: https://www.livemint.com/industry/media/nbda-urges-gst-council-to-address-tax-concerns-impacting-news-broadcasting-sector-11756730704210.html

The NBDA has urged Finance Minister Nirmala Sitharaman to address GST concerns affecting the news broadcasting industry, advocating for a shift in taxation timing and the allowance of input tax credit on certain business expenses to improve financial health and operational efficiency.

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Tax relief will help but cannot fix the Achilles Heel of Indian households
  • 02 Sep 2025 06:22 PM
IDFC FIRST Bank enables GST payments via credit, debit cards for all
  • 02 Sep 2025 06:26 PM

IDFC FIRST Bank enables GST payments via credit, debit cards for all

Source: https://www.livemint.com/money/personal-finance/idfc-first-bank-enables-gst-payments-via-credit-cards-debit-cards-for-all-11756800500971.html

IDFC FIRST Bank is among private sector banks authorised for GST collections, reaffirming its commitment to offering universal banking solutions and comprehensive financial services to the wider ecosystem.

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India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?
  • 02 Sep 2025 06:33 PM

India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?

Source: https://www.livemint.com/companies/india-inc-s-efficiency-gains-face-a-gst-test-can-they-rebound-amid-weak-demand-11756797303407.html

Corporate India, leaner than ever from efficiency gains forged through indirect tax reforms, faces a fresh challenge as the government’s GST overhaul threatens to lock up cash and lengthen working capital cycles, even as weak demand clouds their growth prospects.

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Shares to buy in short term: Mehta Equities’ Riyank suggests Stallion Fluorochem, Q Power, Dabur stock to buy
  • 02 Sep 2025 06:06 PM

Shares to buy in short term: Mehta Equities’ Riyank suggests Stallion Fluorochem, Q Power, Dabur stock to buy

Source: https://www.livemint.com/market/stock-market-news/shares-to-buy-in-short-term-mehta-equities-riyank-suggests-stallion-fluorochem-q-power-dabur-stock-to-buy-11756792706432.html

Indian stock market saw gains on Tuesday, driven by Reliance Industries ahead of a key GST Council meeting. The Nifty 50 rose 0.45% to 24,734. Positive sentiment stems from strong GDP figures and potential GST cuts for various products, possibly boosting consumer spending.

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