Loss of input tax credit, policy changes weigh on life private insurers’ Q4 margins, profitability
  • 18 Apr 2026 05:35 PM
  • New
Representation on Top 10 Issues in GST Enforcement Actions
  • 18 Apr 2026 05:37 PM
  • New

Representation on Top 10 Issues in GST Enforcement Actions

Source: https://taxguru.in/goods-and-service-tax/representation-top-10-issues-gst-enforcement-actions.html

The Karnataka State Chartered Accountants Association submitted a representation to the Commercial Tax Department highlighting ten critical issues in GST enforcement practices affecting taxpayers and professionals.

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Delhi CGST Busts ₹8 Cr Fake ITC; Company Director Arrested
  • 18 Apr 2026 05:41 PM
  • New

Delhi CGST Busts ₹8 Cr Fake ITC; Company Director Arrested

Source: https://taxguru.in/goods-and-service-tax/delhi-cgst-busts-rs-8-cr-fake-itc-company-director-arrested.html

The Anti-Evasion Branch of the CGST Delhi South Commissionerate detected fraudulent availment and utilisation of Input Tax Credit (ITC) exceeding ₹8 crore by a company dealing in assorted goods.

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CBI Arrests GST Superintendent & Inspector for Accepting Bribe in Registration Case
  • 13 Apr 2026 05:40 PM

CBI Arrests GST Superintendent & Inspector for Accepting Bribe in Registration Case

Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-gst-superintendent-inspector-accepting-bribe-registration-case.html

The Central Bureau of Investigation (CBI) arrested a Superintendent and an Inspector of Goods and Services Tax (GST), Ranipet Range, in a bribery case registered on 7 April 2026. The case arose from a complaint alleging that the Superintendent demanded ₹30,000 to facilitate GST registration clearance, later agreeing to accept ₹15,000.

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India’s monetary policy: The RBI did what was apt amid a war haze that will take time to clear up
  • 09 Apr 2026 06:42 PM
Mint Quick Edit | Smartphones need tax relief: These essential devices are getting way too expensive
  • 08 Apr 2026 06:35 PM

Mint Quick Edit | Smartphones need tax relief: These essential devices are getting way too expensive

Source: https://www.livemint.com/opinion/online-views/mint-quick-edit-smartphones-gst-tax-relief-digital-financial-inclusion-vivo-oppo-samsung-11775574224657.html

Smartphone prices in India have leapt up as input costs rise. Given how vital these handsets are, they deserve tax relief just to help keep them within the reach of our multitudes. This is no ordinary product category.
Smartphone makers in India have raised prices by as much as 40%, according to a Mint report, as the war in West Asia and a chip scarcity push up costs.

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Govt plans push for electric stoves to reduce LPG dependence
  • 07 Apr 2026 06:54 PM

Govt plans push for electric stoves to reduce LPG dependence

Source: https://www.livemint.com/news/govt-plans-push-for-electric-induction-stoves-to-reduce-lpg-dependence-imf-world-bank-11775473139903.html

India is planning a major push to increase the share of electric cooking stoves in its kitchens, as a shortage of cooking gas triggered by the West Asia war continues to hit households. The plan may involve bringing in multilateral financial institutions to arrange zero-interest loans through state-run Energy Efficiency Services Ltd (EESL).

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Why profitable MSMEs still run out of cash
  • 07 Apr 2026 06:58 PM

Why profitable MSMEs still run out of cash

Source: https://www.livemint.com/money/indian-msme-financial-mistakes-credit-access-solutions-business-growth-strategies-11775548201816.html

Strong sales mask weak financial discipline, from poor cash flow tracking to GST lapses, leaving many small businesses locked out of credit.

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Auto retail sales up 13.3 pc at 2,96,71,064 units in FY26: FADA
  • 06 Apr 2026 06:38 PM

Auto retail sales up 13.3 pc at 2,96,71,064 units in FY26: FADA

Source: https://www.livemint.com/focus/auto-retail-sales-up-13-3-pc-at-2-96-71-064-units-in-fy26-fada-11775450544260.html

New Delhi, Apr 6 (PTI) Retail sales of vehicles across categories in India in 2025-26 grew by 13.3 per cent at a record 2,96,71,064 units as compared to 2,61,87,255 units in the previous fiscal, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Monday.

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Deposit constraints shadow banks in March quarter even as growth stays robust
  • 06 Apr 2026 06:34 PM

Deposit constraints shadow banks in March quarter even as growth stays robust

Source: https://www.livemint.com/industry/banking/deposit-constraints-shadow-banks-march-quarter-q4-even-as-growth-stays-robust-hdfc-rbi-credit-loan-11775381034173.html

Early business updates from 19 banks, excluding small finance banks, showed that only a few managed to shrink the gap between loan and deposit growth.
Getting customers to park their money in deposits remains a struggle for banks, as loan demand continues to race ahead of deposit growth. In the March quarter, HDFC Bank stood out as the sole lender to raise deposits faster than loans, a period when its peers struggled.

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