17 Oct 2025 05:33 PM
New

HDFC Life to cut distributor commissions after GST changes hit margins

Source: https://www.livemint.com/industry/banking/hdfc-life-q2-results-gst-impact-commission-cut-profit-margin-hit-11760615541486.html

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.

17 Oct 2025 06:05 PM
New

ICAI Requests GSTR-3B Filing Extension for September 2025

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.

16 Oct 2025 06:22 PM
New

CBI Arrests CGST Nashik Superintendent in Rs 5 Lakh Bribe

Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-cgst-nashik-superintendent-rs-5-lakh-bribe.html

The Central Bureau of Investigation (CBI) arrested a Superintendent of CGST & Central Excise from the Nashik Commissionerate on October 14, 2025, for allegedly accepting a bribe of Rs. 5 lakh. The case was registered after the accused reportedly demanded an initial amount of Rs. 50 lakh, which was later negotiated down to Rs. 22 lakh, to refrain from taking legal action against a private company concerning an IGST input matter.

16 Oct 2025 06:17 PM

LIC launches 2 new insurance plans after GST rate cuts; check all details on eligibility, features and benefits

Source: https://www.livemint.com/insurance/lic-launches-2-new-insurance-plans-after-gst-rate-cuts-check-all-details-on-eligibility-features-and-benefits-11760606674898.html

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.

16 Oct 2025 06:14 PM

PM Modi in Andhra Pradesh today: Full itinerary, key projects worth ₹13,000 crore on the agenda

Source: https://www.livemint.com/news/india/pm-modi-in-andhra-pradesh-today-full-itinerary-key-projects-worth-13-000-crore-on-the-agenda-11760582646935.html

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.

16 Oct 2025 06:11 PM

Maruti Suzuki Jimny, the true-blue SUV, becomes affordable by up to ₹60,000. Old and new price post GST 2.0 compared

Source: https://www.livemint.com/auto-news/maruti-suzuki-jimny-the-true-blue-suv-becomes-affordable-by-up-to-rs-60-000-old-and-new-price-post-gst-2-0-compared-11759313756603.html

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.

14 Oct 2025 06:59 PM

Extend GSTR-3B Due Date Extension Due to Diwali Holidays

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.

09 Oct 2025 06:40 PM

GST Cuts Boost Punjab’s Key Sectors and Livelihoods

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.

07 Oct 2025 06:50 PM

National Consumer Helpline GST Grievance Report

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.

03 Oct 2025 05:48 PM

Request for Expeditious Enabling of Forms GSTR-9 & 9C for FY 2024-25

Source: https://taxguru.in/goods-and-service-tax/request-expeditious-enabling-forms-gstr-9-9c-fy-2024-25.html

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.