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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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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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.
Read MoreThe 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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Car registrations barely grew between January and September 2025, compared to the same period last year. But a turnaround in October and an unusually strong November suggest a recovery may be taking hold.
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The Indian automotive sector is gearing up to end the calendar year on an exceptionally strong note, fuelled by a combination of record-breaking festive sales, favourable tax reforms and the onset of the traditional year-end stock-clearance period. This cocktail of conditions has created one of the most consumer-friendly buying windows in recent years—an opportunity amplified by the lasting impact of the recent goods and services tax rate cuts.
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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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India’s retail inflation likely inched up to 0.8% in November from a record low of 0.25% in October, largely driven by fading base effects, a Mint poll of 20 economists showed. While inflation is expected to have bottomed-out in October, prices pressures are expected to remain weak both in foods (due to a good monsoon and harvest) and non-foods (due to GST cuts and possibly weak demand).
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Source: https://www.livemint.com/economy/adb-raises-india-fy26-gdp-forecast-to-72-11765347616650.html
The improved forecast for India follows a stronger-than-expected 8.2% expansion in the September quarter.
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A term insurance plan offers more than a sense of security, it creates a financial cushion that protects your family in case of your absence. With the recent goods and services tax (GST) rate overhaul making term insurance products 18% cheaper, many people focus on simply "having" a policy. Far fewer stop to assess whether their life cover is actually adequate for their family’s needs.
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