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

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

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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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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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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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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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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Retail inflation likely to hit record low of 0.3% in October on falling food prices, base effect and GST cuts: Mint poll
  • 10 Nov 2025 05:25 PM

Retail inflation likely to hit record low of 0.3% in October on falling food prices, base effect and GST cuts: Mint poll

Source: https://www.livemint.com/economy/retail-inflation-record-low-0-3-october-falling-food-prices-gst-cuts-vegetables-fresh-food-import-duties-11762763350064.html

India’s retail inflation likely hit a record low of 0.3% in October, driven by continued food deflation, the statistical effect of a favourable base, and the impact of goods and services tax (GST) cuts, according to a Mint poll of 16 economists.

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Mint Explainer | How India's FMCG companies navigated sales after structural GST changes
  • 10 Nov 2025 05:28 PM

Mint Explainer | How India's FMCG companies navigated sales after structural GST changes

Source: https://www.livemint.com/companies/fmcg-companies-gst-changes-sales-return-to-normalcy-inventory-adjustments-trade-channels-temporary-sales-moderation-11762763535511.html

New Delhi: India’s fast-moving consumer goods sector navigated a challenging second quarter as the implementation of new goods and services tax rates on 22 September disrupted trade channels and led to temporary moderation in sales across key categories such as personal care, oral care, foods and beverages.

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