Prime Minister Modi highlighted a surge in demand for swadeshi products this festive season, aided by GST cuts. During his Mann Ki Baat address, he noted record Diwali sales of ₹6.05 lakh crore, with 87% of consumers choosing Indian-made goods, supporting his 'Vocal for Local' campaign.
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Eternal Ltd (formerly known as Zomato) posted a mixed bag performance in the September quarter (Q2FY26). Year-on-year growth in food-delivery net order value (NOV) recovered to 13.8% from 13.1% in Q1FY26—although it was higher at 21.4% in Q2FY25.
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NEW DELHI : Nestlé India reported a 23.6% year-on-year drop in standalone profit to ₹753.2 crore in the September quarter as one-time exceptional costs and higher raw material expenses weighed on margins.
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Source: https://taxguru.in/goods-and-service-tax/icai-requests-gstr-3b-filing-extension-september-2025.html
The Institute of Chartered Accountants of India (ICAI) has formally requested the Chairman of the Central Board of Indirect Taxes & Customs (CBIC) to extend the due date for filing Form GSTR-3B for the reporting period of September 2025. This request is primarily driven by the timing of the Diwali festival, which is celebrated on October 20th and 21st, 2025.
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Source: https://taxguru.in/goods-and-service-tax/bcas-seeks-dashboard-gstat-representatives.html
The Bombay Chartered Accountants’ Society (BCAS) has submitted a formal representation to the President of the Goods and Services Tax Appellate Tribunal (GSTAT), seeking the introduction of a dedicated login and personalized dashboard for Authorized Representatives (ARs) on the GSTAT e-Filing Portal.
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Mumbai: HDFC Life Insurance Co. will reduce distributor commissions as the removal of the goods and services tax (GST) on certain retail term and health policies caused a loss of input tax credit even as it passed on lower tax benefit to consumers, according to a top executive.
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In just two years, India has gone from being the best-loved emerging market to the most sold, and now investors are bracing themselves for yet another quarter of disappointing corporate earnings.
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Maruti Suzuki Baleno has become cheaper after the GST price cut, with its price now ranging between ₹5.99 lakh and ₹9.10 lakh (ex-showroom).
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Maruti Suzuki Jimny is the true-blue off-roader from the automaker, which is sold in a five-door guise in India through the Nexa retail outlets.
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On October 16, Prime Minister Modi will inaugurate projects worth ₹13,430 crore in Andhra Pradesh, spanning power, railways, and industry. His visit highlights the government's commitment to regional growth through infrastructure and job creation, while he also performs rituals at sacred sites.
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