News broadcasters seek GST relief, input tax credit on staff costs
  • 02 Sep 2025 06:02 PM
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News broadcasters seek GST relief, input tax credit on staff costs

Source: https://www.livemint.com/industry/media/nbda-urges-gst-council-to-address-tax-concerns-impacting-news-broadcasting-sector-11756730704210.html

The NBDA has urged Finance Minister Nirmala Sitharaman to address GST concerns affecting the news broadcasting industry, advocating for a shift in taxation timing and the allowance of input tax credit on certain business expenses to improve financial health and operational efficiency.

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Tax relief will help but cannot fix the Achilles Heel of Indian households
  • 02 Sep 2025 06:22 PM
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IDFC FIRST Bank enables GST payments via credit, debit cards for all
  • 02 Sep 2025 06:26 PM
  • New

IDFC FIRST Bank enables GST payments via credit, debit cards for all

Source: https://www.livemint.com/money/personal-finance/idfc-first-bank-enables-gst-payments-via-credit-cards-debit-cards-for-all-11756800500971.html

IDFC FIRST Bank is among private sector banks authorised for GST collections, reaffirming its commitment to offering universal banking solutions and comprehensive financial services to the wider ecosystem.

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MRF, JK Tyre to CEAT: Tyre stocks skyrocket up to 6% today; here's why
  • 02 Sep 2025 06:29 PM

MRF, JK Tyre to CEAT: Tyre stocks skyrocket up to 6% today; here's why

Source: https://www.livemint.com/market/stock-market-news/mrf-jk-tyre-to-ceat-tyre-stocks-skyrocket-up-to-6-today-heres-why-11756802869187.html

JK Tyre & Industries share price leading among the gainers jumped nearly 6 per cent on September 2. Meanwhile, MRF and CEAT shares were trading 5 per cent up.

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India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW
  • 02 Sep 2025 06:39 PM

India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW

Source: https://www.livemint.com/industry/india-tax-panel-calls-for-steep-levies-on-luxury-evs-in-blow-for-tesla-bmw-11756816807274.html

NEW DELHI (Reuters) -An Indian tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD.

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India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?
  • 02 Sep 2025 06:34 PM

India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?

Source: https://www.livemint.com/companies/india-inc-s-efficiency-gains-face-a-gst-test-can-they-rebound-amid-weak-demand-11756797303407.html

Corporate India, leaner than ever from efficiency gains forged through indirect tax reforms, faces a fresh challenge as the government’s GST overhaul threatens to lock up cash and lengthen working capital cycles, even as weak demand clouds their growth prospects.

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India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?
  • 02 Sep 2025 06:33 PM

India Inc’s efficiency gains face a GST test. Can they rebound amid weak demand?

Source: https://www.livemint.com/companies/india-inc-s-efficiency-gains-face-a-gst-test-can-they-rebound-amid-weak-demand-11756797303407.html

Corporate India, leaner than ever from efficiency gains forged through indirect tax reforms, faces a fresh challenge as the government’s GST overhaul threatens to lock up cash and lengthen working capital cycles, even as weak demand clouds their growth prospects.

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From Maruti Suzuki, to Tata, and Hyundai — auto makers see low sales in August. Could GST reform brighten prospects?
  • 02 Sep 2025 05:53 PM

From Maruti Suzuki, to Tata, and Hyundai — auto makers see low sales in August. Could GST reform brighten prospects?

Source: https://www.livemint.com/auto-news/auto-makers-maruti-suzuki-tata-motors-hyundai-india-mahindra-tvs-low-sales-august-2025-gst-slab-rejig-brighten-prospects-11756728697351.html

Maruti Suzuki, Tata Motors, Hyundai Motor, and Mahindra & Mahindra — auto makers have seen their sales dip this August compared to last year. Here, we examine whether the likely GST slab rejig could brighten prospects.

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GST 2.0 should pave way towards single tax rate: Report
  • 01 Sep 2025 06:30 PM

GST 2.0 should pave way towards single tax rate: Report

Source: https://www.livemint.com/focus/gst-2-0-should-pave-way-towards-single-tax-rate-report-11756715665728.html

New Delhi, Sep 1 (PTI) The long-term success of Goods and Services Tax (GST) lies in moving towards a single nationwide tax rate, and that GST 2.0 must act as the stepping stone by keeping to just two slabs – 5 per cent and 18 per cent – while capping the peak rate firmly at 18 per cent, not 40 per cent, a report said.

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