Tata Motors says no to softer emission rules for small cars, flags safety risks
  • 15 Nov 2025 06:21 PM
  • New

Tata Motors says no to softer emission rules for small cars, flags safety risks

Source: https://www.livemint.com/auto-news/tata-motors-softer-emission-rules-small-cars-safety-risks-toyota-maruti-cafe-carmakers-11763129622411.html

A proposal put forth by the Bureau of Energy Efficiency, which oversees the norms, outlined lenient emission reduction targets for cars weighing less than 909 kg. Most carmakers besides Maruti Suzuki and Toyota opposed this.

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₹645 Crore ITC Scam Cracked After Discovery of Extensive Fake-Invoice Network
  • 15 Nov 2025 06:25 PM
  • New

₹645 Crore ITC Scam Cracked After Discovery of Extensive Fake-Invoice Network

Source: https://taxguru.in/goods-and-service-tax/rs-645-crore-itc-scam-cracked-discovery-extensive-fake-invoice-network.html

In a major enforcement breakthrough, the Directorate General of GST Intelligence (DGGI), Delhi Zonal Unit, has busted a large-scale racket involving fraudulent availment and passing of Input Tax Credit (ITC) worth approx. ₹645 crore. The fraud was executed through an intricate web of 229 dummy GST-registered firms, allegedly controlled by a Delhi-based syndicate.

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Ashok Leyland’s Q2 surprise puts the stock in top gear
  • 14 Nov 2025 05:26 PM
  • New

Ashok Leyland’s Q2 surprise puts the stock in top gear

Source: https://www.livemint.com/market/mark-to-market/ashok-leyland-q2-stock-results-market-commercial-vehicles-profit-risks-11763101001597.html

Ashok Leyland Ltd hit a new 52-week high on Friday as investors cheered its September quarter (Q2FY26) results, which were announced on Thursday.

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From compliance to confidence—Why Budget 2026–27 should pave the way for a trust-driven indirect tax regime
  • 13 Nov 2025 06:09 PM

From compliance to confidence—Why Budget 2026–27 should pave the way for a trust-driven indirect tax regime

Source: https://www.livemint.com/opinion/online-views/compliance-budget-2026-27-trust-indirect-tax-regime-gst-2-0-customs-ease-of-doing-business-11762949379961.html

India’s indirect tax system has undergone remarkable transformation. The rollout of the goods and services tax (GST) and the landmark reforms announced on 3 September have established a modern, digital and more predictable framework.

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Retail inflation plunges to record low of 0.25% in October
  • 12 Nov 2025 06:17 PM

Retail inflation plunges to record low of 0.25% in October

Source: https://www.livemint.com/economy/india-retail-inflation-october-cpi-rbi-inflation-target-gst-impact-inflation-11762926709116.html

The current print is sharply lower than the RBI’s inflation projection of 1.8% for the October-December quarter. This means that unless inflation rises sharply in the next two months, it may end the third quarter undershooting the central bank’s forecast.

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Government Prioritizes Affordable Healthcare Through GST and Duty Cuts
  • 12 Nov 2025 06:23 PM

Government Prioritizes Affordable Healthcare Through GST and Duty Cuts

Source: https://taxguru.in/goods-and-service-tax/government-prioritizes-affordable-healthcare-gst-duty-cuts.html

Union Minister of Commerce & Industry, Shri Piyush Goyal, addressing the 22nd CII Annual Health Summit, highlighted the Government’s focus on affordable healthcare through GST reduction on health and life insurance from 18% to 0%, and lower duties on medical devices and essential drugs.

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Net direct tax collections up 7% to ₹12.92 trillion till 10 November
  • 12 Nov 2025 06:01 PM

Net direct tax collections up 7% to ₹12.92 trillion till 10 November

Source: https://www.livemint.com/news/india/net-direct-tax-collections-up-7-to-12-92-trillion-till-10-november-11762870779009.html

New Delhi: The net direct tax collections rose 7% year-on-year to ₹12.92 trillion as of 10 November, reflecting steady inflows from corporate and personal income taxes despite a moderation in overall growth compared to last year.

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Festive demand, GST cuts perk up consumption in Oct, Q3 looks 'sunny': SBI Caps
  • 11 Nov 2025 05:40 PM

Festive demand, GST cuts perk up consumption in Oct, Q3 looks 'sunny': SBI Caps

Source: https://www.livemint.com/news/india/festive-demand-gst-cuts-sbi-caps-consumption-economy-11762774332820.html

In October, India's economy showed signs of recovery with a 41% increase in vehicle sales and record digital transactions. SBI Capital Markets projects nominal GDP growth at 8.5%, driven by robust domestic demand and festive spending despite global economic challenges.

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Berry’s quick exit puts Britannia investors in a very tough spot
  • 11 Nov 2025 05:52 PM

Berry’s quick exit puts Britannia investors in a very tough spot

Source: https://www.livemint.com/market/mark-to-market/varun-berry-quick-exit-britannia-britannia-investors-rakshit-hargave-new-ceo-leadership-change-improving-prospects-11762839767488.html

Shares of Britannia Industries Ltd plunged as much as 6.7% on Tuesday after the board accepted Varun Berry’s resignation and relieved him from his position as vice-chairman, managing director and chief executive officer with immediate effect on 10 November. The board appointed Rakshit Hargave as managing director and chief executive officer from 15 December.

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EVs are losing ground to ICE vehicles on affordability—But it's not too late to change gears
  • 11 Nov 2025 05:46 PM

EVs are losing ground to ICE vehicles on affordability—But it's not too late to change gears

Source: https://www.livemint.com/opinion/online-views/india-automobile-sales-october-ev-gst-reduction-ice-vehicles-inventory-levels-electric-vehicles-twowheelers-11762776330386.html

Automobile sales have been robust in October, reducing the inventory levels with automobile dealers from nearly two months’ stock to 53-55 days, according to the Federation of Automobile Dealers’ Association of India (FADA).

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