Life Insurance Corporation of India has launched two new insurance products, LIC Jan Suraksha for lower-income groups and LIC Bima Lakshmi for females. Both plans provide financial protection, savings benefits, and have distinct eligibility criteria and features.
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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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Source: https://taxguru.in/goods-and-service-tax/extend-gstr-3b-due-date-extension-due-diwali-holidays.html
The Bombay Chartered Accountants’ Society (BCAS) has submitted a representation to the Union Finance Minister and top GST authorities, seeking an extension of the statutory due date for filing the GSTR-3B return and the consequential tax payment for the period ending September 2025.
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Source: https://taxguru.in/goods-and-service-tax/gst-cuts-boost-punjabs-key-sectors-and-livelihoods.html
The Government of Punjab’s recent GST reform, reducing tax rates from 12% to 5% across textiles, handicrafts, footwear, metalware, dairy, agro products, and bicycles, aims to make essential goods more affordable while strengthening livelihoods and industrial competitiveness. The reform is expected to lower retail prices by 6–7% in food and agro sectors, stimulating demand and market expansion.
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Source: https://taxguru.in/goods-and-service-tax/national-consumer-helpline-gst-grievance-report.html
Following the Next-Generation GST Reforms 2025, the National Consumer Helpline (NCH) has recorded 3,981 GST-related dockets, with the majority being grievances (69%) rather than queries (31%). The most frequent complaint concerned milk pricing, with consumers mistakenly believing fresh milk prices should drop, despite it already being GST-exempt.
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The Sales Tax Bar Association has written to the Ministry of Finance regarding the delayed enabling of the GST Annual Return (Form GSTR-9) and Reconciliation Statement (Form GSTR-9C) for the Financial Year 2024-25 on the GST portal. The Association, representing a large body of tax professionals, notes that these mandatory forms are typically expected to be available by April 1st of the succeeding financial year.
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Source: https://taxguru.in/goods-and-service-tax/gst-rate-rationalisation-expanding-opportunities-bihar.html
The recent GST rate rationalisation is expected to provide substantial economic support and cost relief across Bihar’s key sectors, including agriculture, dairy, handlooms, and manufacturing. Farmers are set to benefit significantly, with the GST on popular state products like Makhana and Shahi Litchi snacks/juices reduced from 12% to 5%, making them more competitive domestically and internationally.
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The 2025 GST reforms are set to deliver significant economic gains across key sectors of Assam’s economy, focusing on reduced taxation to improve price competitiveness, increase demand, and support traditional livelihoods.
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Source: https://taxguru.in/goods-and-service-tax/gst-rate-cuts-boost-indias-tourism-transport-culture.html
The government has announced significant GST rationalization measures to support India’s tourism, transport, and cultural sectors. These reforms are intended to increase affordability in travel, enhance public transport usage, and provide direct assistance to artisans. A key measure reduces the Goods and Services Tax on hotel rooms priced below ₹7,500 per day from 12% to 5% (without Input Tax Credit).
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To raise queries or complaints about not receiving the benefits of GST rate changes, contact the National Consumer Helpline (NCH). You can call the toll-free number 1915 or send a message via WhatsApp to 8800001915. Alternatively, you can register your grievance on the Integrated Grievance Redressal Mechanism (INGRAM) portal. These channels are available for consumers seeking to address issues related to the proper implementation and receipt of benefits stemming from revisions to the Goods and Services Tax (GST) rates.
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