- 15 Dec 2025 06:09 PM
- New
Manipur GST (Second Amendment) Act, 2025: Track-and-Trace Mechanism
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.
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- 15 Dec 2025 06:00 PM
- New
India’s consumption is stirring again. The test comes next.
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 06:13 PM
- New
Impact of GST Rationalisation On Cooperatives
Source: https://taxguru.in/goods-and-service-tax/impact-gst-rationalisation-cooperatives.html
The Ministry of Cooperation has highlighted the positive impact of recent GST rationalisation on cooperatives across dairy, food processing, agriculture, and rural enterprise sectors.
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- 15 Dec 2025 05:44 PM
Ficci president: To catapult the economy, we must reform India’s markets for land, power and capital
With bold reforms in land, power and capital, supported by a high-trust regulatory environment, India has an opportunity to emerge as a globally competitive and innovation-led manufacturing hub.
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- 15 Dec 2025 05:48 PM
GST relief, festive rush fail to revive small cars as buyers flock to SUVs
Despite federal tax cuts aimed at reviving small car sales, recent data shows consumers favoring larger vehicles. Small car sales increased by just 3%, while compact SUVs grew by 17%, indicating a shift in buyer preferences amidst ongoing debates over emission norms.
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- 13 Dec 2025 05:49 PM
Challenges in filing GSTR-9 & GSTR-9C and Request to extend due date
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.
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- 13 Dec 2025 05:44 PM
GST reforms impact: Retail inflation could fall by 35 bps in FY26, says SBI Research
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.
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- 13 Dec 2025 05:41 PM
Mint Money Compass: Car deals, pet costs, and building your financial safety net
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.
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- 13 Dec 2025 05:36 PM
Rural demand surges as GST rate cuts, slowing inflation help to boost consumption
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.
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- 13 Dec 2025 05:32 PM
IndiGo slapped with nearly ₹59 crore penalty linked to GST amid disruptions, airline to contest order
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.
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