Annual GST Returns Deadline Sought to Be Extended Due to Complex ITC Reporting
  • 31 Dec 2025 06:20 PM
  • New

Annual GST Returns Deadline Sought to Be Extended Due to Complex ITC Reporting

Source: https://taxguru.in/goods-and-service-tax/follow-up-representation-challenges-filing-form-gstr-9-gstr-9c-request-extension-due-date.html

The representation seeks an extension of the due date for filing Forms GSTR-9 and GSTR-9C for FY 2024-25, citing substantial practical challenges. Recent amendments have significantly increased the granularity and complexity of ITC reporting, requiring detailed bifurcation, multi-table disclosures, and intricate reconciliations spanning three financial years due to spill-over credits and reversals.

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India’s FMCG sector is entering 2026 betting on volumes, not prices
  • 31 Dec 2025 06:14 PM
  • New

India’s FMCG sector is entering 2026 betting on volumes, not prices

Source: https://www.livemint.com/industry/india-fmcg-sector-2026-outlook-volume-led-growth-pricing-11765783529618.html

Easing inflation, GST tweaks and stable commodity costs are lifting sentiment, but questions remain over the durability of demand and margin protection.
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at feedback@livemint.com.

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Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers
  • 31 Dec 2025 06:06 PM
  • New

Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers

Source: https://www.livemint.com/industry/twowheeler-passenger-vehicle-sales-smash-all-time-records-automobiles-evs-maruti-hyundai-rare-earths-11767170697002.html

According to Vahan data, two-wheeler registrations grew 7% to a record 20.2 million units in 2025, while passenger vehicle registrations grew 9% to 4.38 million units, also a record.
New Delhi: India’s top manufacturers of scooters, motorcycles and cars are set to close the year on a record high, with two-wheeler retail registrations crossing 20 million and four-wheeler registrations crossing 4.3 million for the first time.

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India pips Japan to become world's fourth largest economy, says govt
  • 31 Dec 2025 05:39 PM

India pips Japan to become world's fourth largest economy, says govt

Source: https://www.livemint.com/economy/india-economy-goldilocks-period-high-growth-low-inflation-fy26-outlook-11767106329374.html

The country is set to enter the new year on a strong economic footing with favourable farm prospects, the effects of GST rationalization, benign inflation, and strong corporate balance sheets, the government said in a year-end update on the economy.

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Stocks to watch: RITES, Bharat Forge, IndiGo, Lupin, among 8 shares in focus today; Check list here
  • 31 Dec 2025 05:48 PM

Stocks to watch: RITES, Bharat Forge, IndiGo, Lupin, among 8 shares in focus today; Check list here

Source: https://www.livemint.com/market/stock-market-news/stocks-to-watch-rites-bharat-forge-indigo-lupin-among-8-shares-in-focus-today-check-list-here-11767148268376.html

Indian stock market benchmark indices — Sensex and Nifty 50 — were expected to open flat on Wednesday, December 31, the final trading session of 2025, amid thin volumes. Most Asian markets, including Japan, South Korea and Thailand, were closed for New Year’s Eve.

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'Keep trusting India and investing in our people': PM Modi pens note on LinkedIn, calls 2025 year of reforms
  • 30 Dec 2025 06:46 PM

'Keep trusting India and investing in our people': PM Modi pens note on LinkedIn, calls 2025 year of reforms

Source: https://www.livemint.com/news/india/keep-trusting-india-and-investing-in-our-people-pm-modi-pens-note-on-linkedin-calls-2025-year-of-reforms-11767093744879.html

As 2025 comes to a close, Prime Minister Narendra Modi penned a note on networking site LinkedIn saying the year will be remembered as a year for India when it focused on "reforms as a continuous national mission, building on the ground covered over the past 11 years.” He said India has “emerged as the centre of global attention,” driven by “the innovative zeal of our people.”

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CCPA continues crackdown on mandatory service charge, fines China Gate restaurant
  • 30 Dec 2025 06:43 PM

CCPA continues crackdown on mandatory service charge, fines China Gate restaurant

Source: https://www.livemint.com/news/ccpa-crackdown-mandatory-service-charge-china-gate-restaurant-fined-gst-11767088799047.html

New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a ₹50,000 fine on China Gate Restaurant Private Limited, which operates the Bora Bora restaurant chain in Mumbai, for levying mandatory service charges in violation of consumer protection norms and Delhi High Court directions.

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Regulator PNGRB for regulating regasification fee, bringing natural gas under GST
  • 30 Dec 2025 06:35 PM

Regulator PNGRB for regulating regasification fee, bringing natural gas under GST

Source: https://www.livemint.com/economy/india-natural-gas-price-reduction-regulator-proposes-gst-regasification-charges-11766753133685.html

The proposal comes days after the regulator lowered the tariff slabs for gas transportation, thereby making compressed natural gas and city gas distribution prices cheaper.
New Delhi: In a bid to make natural gas cheaper and boost adoption, India’s gas regulator has proposed regulating the regasification charges for liquefied natural gas (LNG) and also bringing the fuel under the goods and services tax (GST), citing low utilization and weak financial viability at most terminals.

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Apollo Tyres’ margin upside looks capped, to weigh on stock
  • 30 Dec 2025 06:32 PM

Apollo Tyres’ margin upside looks capped, to weigh on stock

Source: https://www.livemint.com/market/mark-to-market/apollo-tyres-india-demand-recovery-gst-europe-volumes-margin-pressure-11767006902314.html

India demand remains resilient on lower GST rates and improving exports, but weak Europe volumes and sponsorship costs are clouding the near-term margin outlook.
Apollo Tyres Ltd is navigating a rocky patch. Its India business remains on relatively firm ground, supported by a demand boost following cuts in goods and services tax (GST) rates and a recovery in exports, while Europe continues to be a drag amid persistently weak demand.

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How India’s health insurance choices evolved in 2025
  • 30 Dec 2025 06:40 PM

How India’s health insurance choices evolved in 2025

Source: https://www.livemint.com/money/personal-finance/health-insurance-2025-gst-on-health-insurance-health-insurance-premium-11767003828834.html

The removal of GST on health and term insurance was an important catalyst in how consumers upgrade coverage, choose smarter products, and commit to longer-term protection.
As 2025 comes to a close, India’s health insurance market looks very different from what it was even a year ago. The year marked a decisive shift in how Indian households evaluate healthcare risk, driven by rising medical costs, deeper product innovation, and a regulatory environment that encouraged consumers to seek better protection.
The removal of GST on health and term insurance was an important catalyst in how consumers upgrade coverage, choose smarter products, and commit to longer-term protection.
As 2025 comes to a close, India’s health insurance market looks very different from what it was even a year ago. The year marked a decisive shift in how Indian households evaluate healthcare risk, driven by rising medical costs, deeper product innovation, and a regulatory environment that encouraged consumers to seek better protection.

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