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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CBIC Warns Against Fake GST Transition Benefit News
  • 08 Sep 2025 05:42 PM
  • New

CBIC Warns Against Fake GST Transition Benefit News

Source: https://taxguru.in/goods-and-service-tax/cbic-warns-fake-gst-transition-benefit-news.html

The Central Board of Indirect Taxes and Customs (CBIC) today issued a stern clarification, dismissing a widely circulated social media message that falsely claimed new Goods and Services Tax (GST) transition benefits would be implemented from September 22, 2025.

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Nifty Auto surges over 3% as rally extends post GST rate cuts; 5 index stocks hit record highs
  • 08 Sep 2025 05:20 PM
  • New

Nifty Auto surges over 3% as rally extends post GST rate cuts; 5 index stocks hit record highs

Source: https://www.livemint.com/market/stock-market-news/nifty-auto-surges-over-3-as-rally-extends-post-gst-rate-cuts-5-index-stocks-hit-record-highs-11757319712862.html

The Nifty Auto index climbed 3.4% to 27,220 points, driven by a rally in auto stocks following GST rate cuts. Automakers like Tata Motors and Mahindra announced significant price cuts across key models.

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SAIL, JSW Steel to Tata Steel: Why are metal stocks skyrocketing today? Explained
  • 08 Sep 2025 05:06 PM

SAIL, JSW Steel to Tata Steel: Why are metal stocks skyrocketing today? Explained

Source: https://www.livemint.com/market/stock-market-news/sail-jsw-steel-to-tata-steel-why-are-metal-stocks-skyrocketing-today-explained-11757320336492.html

Morgan Stanley expects select steel stocks to outperform the broader India Materials sector over the next few months. The brokerage upgraded its ratings on JSW Steel, Tata Steel, and SAIL, while maintaining an Equalweight stance on Jindal Steel & Power.

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Why now is the right time to invest in bonds
  • 08 Sep 2025 04:51 PM

Why now is the right time to invest in bonds

Source: https://www.livemint.com/market/bonds/why-now-is-the-right-time-to-invest-in-bonds-11757320278546.html

Investing in bonds is essential for portfolio diversification and stability, especially during equity market volatility. Recent economic changes and interest rate trends in India present a favorable opportunity for bond investments, with yields now more attractive than traditional fixed deposits.

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GST rate cut euphoria fading away from the Indian stock market? Key challenges ahead
  • 08 Sep 2025 04:43 PM

GST rate cut euphoria fading away from the Indian stock market? Key challenges ahead

Source: https://www.livemint.com/market/stock-market-news/gst-rate-cut-euphoria-fading-away-from-the-indian-stock-market-key-challenges-ahead-11757302320200.html

The Nifty 50 and Sensex started positively, driven by global signals and GST rate cuts, yet concerns linger about sustaining gains. Analysts suggest short-term global trends will dominate, while the GST reforms may boost consumer demand post-September 22.

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Govt working on comprehensive package to support exporters hit by US tariffs: Sitharaman
  • 08 Sep 2025 05:14 PM

Govt working on comprehensive package to support exporters hit by US tariffs: Sitharaman

Source: https://www.livemint.com/focus/govt-working-on-comprehensive-package-to-support-exporters-hit-by-us-tariffs-sitharaman-11757321347164.html

New Delhi, Sep 8 (PTI) The government is working on a comprehensive package to support Indian exporters impacted by a steep 50 per cent tariff imposed by the US, Finance Minister Nirmala Sitharaman has said, asserting a multi-departmental engagement is underway to assess the impact on Indian shipments.

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Trump tariffs: GST cuts help but India must raise its game
  • 08 Sep 2025 05:30 PM

Trump tariffs: GST cuts help but India must raise its game

Source: https://www.livemint.com/opinion/online-views/gst-rate-reform-india-simplification-donald-trump-tariffs-council-indirect-tax-gdp-ratio-manufacturing-policy-pharma-us-11757235986117.html

Nothing focuses the mind like a commonly felt external threat. Suddenly, the quagmire that had developed in India’s goods and services tax (GST) regime has been cleaned up. Even though the GST Council had begun to discuss changes some time ago, those discussions were gridlocked. Voila, just this week, we have GST rate simplification, thanks to US President Donald Trump’s 50% effective tariff on India.

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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

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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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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