15 Dec 2025 05:56 PM
New

GST cuts clearly reduced inflation, but did they actually stoke demand?

Source: https://www.livemint.com/economy/gst-cuts-clearly-reduced-inflation-stoke-demand-early-indicators-passenger-vehicle-sales-goods-and-services-11765777724678.html

Some early indicators, particularly passenger vehicle sales, suggest an increase in demand. But the signals are not as clear for other goods and services owing to a lack of robust data.
India recorded ultra-low retail inflation of 0.25% in October and 0.71% in November. A sharp drop in food prices was a major reason behind the disinflation seen in recent months. The recent cuts in goods and services tax (GST) rates also played their part, primarily in October, the first full month with the revised rates.

15 Dec 2025 06:00 PM
New

India’s consumption is stirring again. The test comes next.

Source: https://www.livemint.com/economy/india-consumption-recovery-urban-rural-demand-test-ahead-11765775250142.html

Post-festive sentiment has turned positive, supported by policy easing and strong auto sales. But an urban-led rebound and uneven income growth raise questions about how durable the recovery will be.
India’s consumers are beginning to feel—and spend—better again. After months of caution, sentiment has turned positive in the wake of the festival season, helped by policy easing, lower inflation, and improving urban incomes.

15 Dec 2025 06:09 PM
New

Manipur GST (Second Amendment) Act, 2025: Track-and-Trace Mechanism

Source: https://taxguru.in/goods-and-service-tax/manipur-gst-second-amendment-act-2025-track-and-trace-mechanism.html

The Manipur Goods and Services Tax (Second Amendment) Act, 2025, received Presidential assent on 10 December 2025, amending the Manipur GST Act, 2017. Key amendments include changes to definitions in Section 2, clarifying terms like “local fund,” “municipal fund,” and introducing “unique identification marking” for certain goods.

13 Dec 2025 05:49 PM

Challenges in filing GSTR-9 & GSTR-9C and Request to extend due date

Source: https://taxguru.in/goods-and-service-tax/challenges-filing-gstr-9-gstr-9c-request-extend-due-date.html

The Bombay Chartered Accountants’ Society (BCAS) submitted a representation to the Finance Minister, CBIC, GST Council Secretariat, and Principal Chief Commissioner of CGST highlighting challenges in filing FORM GSTR-9 and GSTR-9C for FY 2024-25.

13 Dec 2025 05:44 PM

GST reforms impact: Retail inflation could fall by 35 bps in FY26, says SBI Research

Source: https://www.livemint.com/economy/gst-reforms-impact-cpi-inflation-retail-inflation-could-fall-35-bps-fy26-sbi-research-report-rupee-depreciation-economy-11765600062126.html

SBI Research estimates a 25 basis point decline in CPI inflation due to GST rationalisation from September to November 2025, with a potential total reduction of 35 bps for 2025-26. Inflation in India is projected to rise further due to rupee depreciation.

13 Dec 2025 05:32 PM

IndiGo slapped with nearly ₹59 crore penalty linked to GST amid disruptions, airline to contest order

Source: https://www.livemint.com/companies/news/indigo-slapped-with-nearly-rs-59-crore-penalty-linked-to-gst-amid-disruptions-airline-to-contest-order-11765554847592.html

IndiGo faces a penalty of nearly ₹59 crore linked to GST for the financial year 2020-21. The airline plans to contest this order, claiming it is erroneous, while assuring that it will not significantly impact its financials or operations.

13 Dec 2025 05:36 PM

Rural demand surges as GST rate cuts, slowing inflation help to boost consumption

Source: https://www.livemint.com/companies/rural-markets-demand-surge-gst-cuts-inflation-consumption-nabard-india-gdp-itc-hul-nestle-marico-11765523512284.html

NEW DELHI: India’s rural economy expanded and recovered strongly in late 2025, with consumption, incomes and investment improving after a key tax reform and as inflation eased, a survey showed.

13 Dec 2025 05:41 PM

Mint Money Compass: Car deals, pet costs, and building your financial safety net

Source: https://www.livemint.com/newsletters/car-buying-discounts-gst-loans-financial-planning-reserve-fund-overseas-investing-11765545830918.html

The unique combination of tax rationalization, inventory clearances, and lower interest rates could save you lakhs. But don't let attractive discounts derail your household budget.

12 Dec 2025 05:28 PM

Finance’s next frontier: What to expect at the 18th Mint BFSI summit

Source: https://www.livemint.com/news/finance-next-frontier-what-to-expect-at-the-18th-mint-bfsi-summit-regulators-industry-rbi-sebi-11765371924877.html

The chief of India’s market regulator and the deputy governor of the country’s central bank will headline the 18th edition of the Mint BFSI Summit in Mumbai today. The day-long summit comes at a time when India’s financial services landscape is being reshaped by new regulations, evolving customer expectations, and rapid advances in technology.

12 Dec 2025 05:28 PM

Finance’s next frontier: What to expect at the 18th Mint BFSI summit

Source: https://www.livemint.com/news/finance-next-frontier-what-to-expect-at-the-18th-mint-bfsi-summit-regulators-industry-rbi-sebi-11765371924877.html

The chief of India’s market regulator and the deputy governor of the country’s central bank will headline the 18th edition of the Mint BFSI Summit in Mumbai today. The day-long summit comes at a time when India’s financial services landscape is being reshaped by new regulations, evolving customer expectations, and rapid advances in technology.