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ISMA says GST rationalisation on flex-fuel vehicles, crucial for ethanol e
Updated : 2 months, 3 weeks ago IST
The GST rationalisation on flex-fuel vehicles and higher ethanol blends should be addressed to in the upcoming Union Budget to support clean mobility and stabilise the ethanol ecosystem, said Deepak Ballani, Director General, Indian Sugar and Bio-energy Manufacturers Association (ISMA) to
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Centre imposes additional excise duty on tobacco products, to be effective
Updated : 2 months, 3 weeks ago IST
The Ministry of Finance has notified a major revision in excise duty on cigarettes and tobacco products, effective February 1, 2026.
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CBI arrests IRS-C&IT officer, 2 Superintendents of CGST Jhansi for taking
Updated : 2 months, 3 weeks ago IST
The Central Bureau of Investigation (CBI) has busted a bribery racket in the office of Central Goods & Services Tax, (CGST) Jhansi, Uttar Pradesh during an operation launched on Tuesday, and has arrested a Deputy Commissioner (IRS-C&IT), two Superintendents, an Advocate and the ow
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2025 emerges as India's year of reforms, cuts and upgrades
Updated : 2 months, 3 weeks ago IST
Calendar year 2025 marked a defining phase in India's economic and legal landscape, with the government rolling out a series of structural reforms, tax rationalisation measures, regulatory simplification initiatives and monetary support steps, creating a more enabling environment for medium-
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From GST 2.0, Income Tax slab to Labour Codes, govt unveils outcome-driven
Updated : 2 months, 3 weeks ago IST
Economic reforms in 2025 reflect a maturing phase of India's governance, where the emphasis shifted decisively from "expanding regulatory frameworks" to "delivering measurable outcomes", the government said in a Year-Ender note.
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Double-digit growth projected as auto sector shows steady retail growth in
Updated : 2 months, 3 weeks ago IST
Auto retail sales in India maintained healthy momentum in December 2025, with industry players projecting the positive trend to continue into the final quarter of the fiscal year. Wholesale numbers for December 2025 are expected to show double-digit growth across most major manufacturers.
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UBI expects IIP growth for November at 4% YoY
Updated : 2 months, 3 weeks ago IST
India's Index of Industrial Production (IIP) is expected to show a sharp recovery in November 2025, rising to 4.0 per cent year-on-year, supported by post-festival normalisation of activity and higher manufacturing output, according to a report by Union Bank of India.
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Automobile growth is likely to be in double-digits across categories in De
Updated : 2 months, 3 weeks ago IST
The Indian automobile sector is poised for strong growth, with December sales volumes expected to rise across all vehicle categories. The Nuvama Institutional Equities report noted that double-digit growth is likely in the domestic markets for two-wheelers, passenger cars, and commercial
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"Central government is acting against traders' welfare by introducing GST"
Updated : 2 months, 3 weeks ago IST
Stalin was speaking at the Triplicane Traders Association's 50th anniversary celebration program held at Kalaivanar Arangam in the Triplicane area of Chennai.
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Delhi HC clears way for promotions of senior GST inspectors, modifies blan
Updated : 2 months, 3 weeks ago IST
The Delhi High Court, by a detailed order dated December 26, modified its earlier interim restraint and directed the Union government to proceed with Departmental Promotion Committees (DPCs) for a defined category of Central GST Inspectors, holding that promotions of officers whose senior
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Indian dairy sector faces tight supply as demand strengthens ahead of 2026
Updated : 2 months, 3 weeks ago IST
India's dairy sector is entering a phase of tighter supply and margin recalibration after navigating sharp cycles of disruption, surplus, and recovery over the past three years, according to insights from an expert session hosted by Systematix Institutional Equities.
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GST exemption boosts health insurance coverage, average sum insured jumps
Updated : 2 months, 4 weeks ago IST
The report said that after the removal of GST, the average health insurance cover increased from Rs 14.5 lakh in the pre-GST period to Rs 19 lakh in the post-GST period. This indicates that people are now choosing higher levels of health coverage, as insurance has become more affordable.<
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