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

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

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 reforms impact: Retail inflation could fall by 35 bps in FY26, says SBI Research
  • 13 Dec 2025 05:44 PM
  • New

GST reforms impact: Retail inflation could fall by 35 bps in FY26, says SBI Research

Source: https://www.livemint.com/economy/gst-reforms-impact-cpi-inflation-retail-inflation-could-fall-35-bps-fy26-sbi-research-report-rupee-depreciation-economy-11765600062126.html

SBI Research estimates a 25 basis point decline in CPI inflation due to GST rationalisation from September to November 2025, with a potential total reduction of 35 bps for 2025-26. Inflation in India is projected to rise further due to rupee depreciation.

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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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Challenges in filing GSTR-9 & GSTR-9C and Request to extend due date
  • 13 Dec 2025 05:49 PM

Challenges in filing GSTR-9 & GSTR-9C and Request to extend due date

Source: https://taxguru.in/goods-and-service-tax/challenges-filing-gstr-9-gstr-9c-request-extend-due-date.html

The Bombay Chartered Accountants’ Society (BCAS) submitted a representation to the Finance Minister, CBIC, GST Council Secretariat, and Principal Chief Commissioner of CGST highlighting challenges in filing FORM GSTR-9 and GSTR-9C for FY 2024-25.

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IndiGo slapped with nearly ₹59 crore penalty linked to GST amid disruptions, airline to contest order
  • 13 Dec 2025 05:32 PM

IndiGo slapped with nearly ₹59 crore penalty linked to GST amid disruptions, airline to contest order

Source: https://www.livemint.com/companies/news/indigo-slapped-with-nearly-rs-59-crore-penalty-linked-to-gst-amid-disruptions-airline-to-contest-order-11765554847592.html

IndiGo faces a penalty of nearly ₹59 crore linked to GST for the financial year 2020-21. The airline plans to contest this order, claiming it is erroneous, while assuring that it will not significantly impact its financials or operations.

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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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Finance’s next frontier: What to expect at the 18th Mint BFSI summit
  • 12 Dec 2025 05:28 PM

Finance’s next frontier: What to expect at the 18th Mint BFSI summit

Source: https://www.livemint.com/news/finance-next-frontier-what-to-expect-at-the-18th-mint-bfsi-summit-regulators-industry-rbi-sebi-11765371924877.html

The chief of India’s market regulator and the deputy governor of the country’s central bank will headline the 18th edition of the Mint BFSI Summit in Mumbai today. The day-long summit comes at a time when India’s financial services landscape is being reshaped by new regulations, evolving customer expectations, and rapid advances in technology.

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Finance’s next frontier: What to expect at the 18th Mint BFSI summit
  • 12 Dec 2025 05:28 PM

Finance’s next frontier: What to expect at the 18th Mint BFSI summit

Source: https://www.livemint.com/news/finance-next-frontier-what-to-expect-at-the-18th-mint-bfsi-summit-regulators-industry-rbi-sebi-11765371924877.html

The chief of India’s market regulator and the deputy governor of the country’s central bank will headline the 18th edition of the Mint BFSI Summit in Mumbai today. The day-long summit comes at a time when India’s financial services landscape is being reshaped by new regulations, evolving customer expectations, and rapid advances in technology.

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Rise in e-way bills signals improved economic activity in November
  • 11 Dec 2025 05:43 PM

Rise in e-way bills signals improved economic activity in November

Source: https://www.livemint.com/economy/eway-bills-e-way-bills-november-2025-gst-collections-11765437551998.html

An increase in the number of e-way bills generated for the shipment of goods within and across states suggested there was an uptick in economic activity in November after a dip in October, according to data available from GSTN, the company that processes tax returns.

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