- 07 Nov 2025 06:00 PM
- New
Brokers seeking a zero-rated GST for insurance to reclaim input tax credit
Mumbai: After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a ‘zero-rate’ tax structure that could ease insurers' costs, stem their own commission cuts as also any looming premium hikes. Yet, the industry is divided on the prospects as the proposal may struggle to take off, given the sweeping policy changes it would entail.
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- 06 Nov 2025 05:42 PM
- New
Post Ecom Express deal, Delhivery ditches discounts to boost margins
Delhivery seeks to boost profit margins after acquiring Ecom Express, reducing the need for heavy discounts. The company reported a 16.3% revenue increase, while logging a net loss of ₹51 crore. Its express parcel volumes rose 32% year-on-year in the September quarter.
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- 06 Nov 2025 06:17 PM
- New
Free Live Webinar on GSTR-9 & 9C Filing – Practical Insights & Compliance Strategies
About the Webinar
As the due date for filing GSTR-9 and GSTR-9C approaches, professionals are gearing up for one of the most challenging GST compliances of the year.
- 06 Nov 2025 06:01 PM
India’s services growth slows to five-month low in October as export demand softens
HSBC India Services PMI eased to 58.9 in October, but manufacturing regained momentum on GST relief and stronger productivity.
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- 06 Nov 2025 06:09 PM
How EVs stack up against petrol cars post-GST cuts? Here's the math
If you’re shopping for a new car, the decision just got trickier. Electric or petrol?
A recent cut in Goods and Services Tax (GST) on certain internal combustion engine (ICE) vehicles and strategic price cuts by carmakers has made some petrol and diesel SUVs ₹2 lakh cheaper or more. That’s good news for car buyers, but it also complicates one of today’s biggest financial decisions: does an electric vehicle (EV) still make economic sense? The debate gains importance as air quality deteriorates sharply in the capital city and nearby, partly due to vehicle emissions.
- 06 Nov 2025 06:23 PM
GST Collections Rise to ₹1.96 Lakh Crore in Oct 2025
Source: https://taxguru.in/goods-and-service-tax/gst-collections-rise-rs-1-96-lakh-crore-oct-2025.html
India’s gross GST revenue for October 2025 stood at ₹1,95,936 crore, reflecting a 4.6% year-on-year growth compared to ₹1,87,346 crore in October 2024. The domestic GST revenue grew 2%, rising from ₹1,42,251 crore to ₹1,45,052 crore, while import-related GST collections registered a robust 12.9% growth, signaling continued trade activity. The yearly gross GST revenue for October 2024–October 2025 increased by 7.8%, reaching ₹10.40 lakh crore. Total net GST revenue for October 2025 amounted to ₹1,69,002 crore, marking 0.6% monthly and 7.1% yearly growth. Refunds also increased substantially by 39.6%, led by a 55.3% rise in import refunds.
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- 06 Nov 2025 05:53 PM
Car and two-wheeler loans surge after GST cuts, truck financing lags
After months of muted demand, auto loans appear to have hit the fast lane.
The recent reduction in the goods and services tax (GST) rates on select vehicles to 18% from 28% has revived retail sentiment, sparking an uptick in passenger vehicle sales and demand for loans to finance them, four lenders said.
- 06 Nov 2025 06:26 PM
Finance Ministry Reviews GST Bachat Utsav Impact
Source: https://taxguru.in/goods-and-service-tax/finance-ministry-reviews-gst-bachat-utsav-impact.html
The Ministry of Finance, along with the Ministries of Commerce and Industry, and Railways, IT & Broadcasting, held a joint press conference in New Delhi on the GST Bachat Utsav to review the outcomes of Next-Gen GST reforms. Finance Minister Nirmala Sitharaman stated that the revised GST structure—implemented from the first day of Navratri—includes rate reductions, simplification of slabs, and resolution of classification issues. She confirmed that the Finance Ministry has been monitoring 54 essential products to ensure that the benefits of revised GST rates are reaching consumers.
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- 05 Nov 2025 06:16 PM
Tax cuts, rate cuts, and a consumption boom: SBI dials up credit growth outlook
A gathering consumption wave is expected to lift credit growth beyond previous projections, India's largest lender State Bank of India said, as the combined effect of tax and interest rate cuts ripples through the economy.
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- 05 Nov 2025 06:12 PM
Tractors boost Mahindra’s quarterly earnings even as SUV momentum slows
Mahindra's consolidated net profit rose 13% to ₹3,955 crore, while revenue increased 22% to ₹46,106 crore in the three months through September. The revenue growth was led by a 32% surge in sales of tractors to 123,000 units during the period, while SUV sales rose 13% to 261,703 units.
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