- 09 Sep 2025 06:12 PM
- New
GST reforms were long overdue, there were too many rates, says Jamshyd Godrej
Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for resilience in the face of global disruptions.
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- 09 Sep 2025 06:32 PM
- New
Major GST Reductions to Boost Cooperatives, Farmers & Rural Enterprises
The central government has announced significant GST rate reductions across sectors that directly impact cooperatives, farmers, and rural enterprises. These reforms include GST exemptions on milk and paneer and a reduction to 5% on butter and ghee, directly benefiting over 10 crore dairy farmers. The tax on various cooperative-processed foods like cheese, pasta, jams, and juices has also been reduced to 5%, which is intended to lower household expenses and stimulate demand. Additionally, GST on packing materials like paper, cases, and crates is now 5%, which eases logistics costs. In agriculture, tractors under 1800 cc and their components have seen GST reduced to 5%, as have key fertilizer inputs and twelve bio-pesticides. This aims to make farm equipment and inputs more affordable, promoting mechanization and sustainable farming practices. Commercial trucks and delivery vans now have an 18% GST rate, which is expected to reduce logistics costs and improve export competitiveness.
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- 09 Sep 2025 06:18 PM
- New
Festive bonanza for car buyers: Kia, MG Motor among automakers announcing discounts after GST rate cuts
Kia India and MG Motor have reduced vehicle prices ahead of the festive season, effective from September 22, 2025, joining other carmakers such as Mahindra & Mahindra, Tata Motors, and the luxury brand BMW.
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- 08 Sep 2025 05:14 PM
Govt working on comprehensive package to support exporters hit by US tariffs: Sitharaman
New Delhi, Sep 8 (PTI) The government is working on a comprehensive package to support Indian exporters impacted by a steep 50 per cent tariff imposed by the US, Finance Minister Nirmala Sitharaman has said, asserting a multi-departmental engagement is underway to assess the impact on Indian shipments.
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- 08 Sep 2025 05:28 PM
CBIC to engage with insurers to work out transition mechanism for ITC on exempt policies: Sitharaman
New Delhi, Sep 8 (PTI) The Central Board of Indirect Taxes and Customs (CBIC) will be engaging with the insurance industry to work out a transition mechanism for the accumulated input tax credit (ITC) of those policies which have been exempted from tax with effect from September 22, Finance Minister Nirmala Sitharaman has said.
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- 08 Sep 2025 04:51 PM
Why now is the right time to invest in bonds
Investing in bonds is essential for portfolio diversification and stability, especially during equity market volatility. Recent economic changes and interest rate trends in India present a favorable opportunity for bond investments, with yields now more attractive than traditional fixed deposits.
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- 08 Sep 2025 05:06 PM
SAIL, JSW Steel to Tata Steel: Why are metal stocks skyrocketing today? Explained
Morgan Stanley expects select steel stocks to outperform the broader India Materials sector over the next few months. The brokerage upgraded its ratings on JSW Steel, Tata Steel, and SAIL, while maintaining an Equalweight stance on Jindal Steel & Power.
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- 08 Sep 2025 05:20 PM
Nifty Auto surges over 3% as rally extends post GST rate cuts; 5 index stocks hit record highs
The Nifty Auto index climbed 3.4% to 27,220 points, driven by a rally in auto stocks following GST rate cuts. Automakers like Tata Motors and Mahindra announced significant price cuts across key models.
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- 08 Sep 2025 04:47 PM
Audi India revises Q3, A4, Q5, Q7, A6 and Q8 prices after GST 2.0: Here’s how much you can save
Audi India has slashed prices across its lineup after GST 2.0 reduced the overall tax on passenger vehicles. Customers benefit between ₹2.60–7.80 lakh, with models like Q3, A4, Q5, A6, Q7, and Q8 seeing major cuts.
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- 08 Sep 2025 05:26 PM
Supreme Court transfers online money gaming law challenges to itself
The Supreme Court clarified that all proceedings pending before the high courts regarding challenges to the new gaming law will now be heard only by the top court, and the high courts will not entertain any petition on related cases.
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