Despite a 17% jump in vehicle sales, dealer margins have shrivelled due to aggressive discounting and non-refundable tax credits, leading the industry to seek relief from the Supreme Court.
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The Delhi High Court has instructed the GST Council to hold a meeting as soon as possible to discuss lowering GST rates on air purifiers amid rising air pollution, PTI reported.
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M&M Q3 results: Auto major Mahindra & Mahindra (M&M) on Wednesday, December 24, announced that its board will meet in the second week of February to consider and approve the financial results for the third quarter of the financial year 2025-26 (FY26).
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The Delhi High Court on Wednesday lashed out at authorities for not exempting taxes on air purifiers, which it said have become a necessity amid the rising air pollution in Delhi.
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Even as ₹1 candies continue to account for the bulk of sales, the candy giant is pushing higher-priced ₹5 and ₹10 products, expanded distribution and new launches to drive growth in India’s sweets market.
NEW DELHI: Perfetti Van Melle, the Amsterdam-headquartered candy maker behind Chupa Chups, Mentos, and Alpenliebe in India, is pushing consumers toward higher price points of ₹5 and ₹10, even as ₹1 candies continue to dominate the market. The shift is part of the company’s effort to balance its portfolio in a candy market still heavily skewed toward ultra-low-value purchases.
India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports. The proposed reforms, which follow a cut in GST rates in September this year, come at a time when small businesses have been hit by the steep US tariffs of 50%.
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Mumbai: Global headwinds, including trade and policy uncertainties, continued to weigh on the Indian economy in the ongoing quarter, leading to foreign portfolio outflows. However, economic growth has been resilient on the back of domestic policy and regulatory support, according to the Reserve Bank of India (RBI).
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Rinav Khakhar 18 Dec 2025 0 comment Goods and Services Tax | Featured, News
A professional body representing tax practitioners submitted a detailed representation to the Union Finance Minister, the Maharashtra Chief Minister, and GST authorities seeking an extension of the due date for filing FORM GSTR-9 and FORM GSTR-9C for FY 2024–25 up to 31 January 2026.
Mumbai: The recent exemption of retail health insurance from the goods and services tax regime has helped reduce premiums. But that alone is not enough to drive growth as the industry continues to battle issues such as high medical inflation, inadequate coverage, differentiated healthcare and claims experience, insurers said in a panel discussion at Mint’s BFSI Conclave 2025.
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Shares of PB Fintech Ltd have fallen more than 7% over the past two trading sessions, as the Insurance Amendment Bill 2025 emerges as a potential headwind. The stock had only just begun to recover from recent goods and services tax (GST) changes.
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