India’s retail inflation likely inched up to 0.8% in November from a record low of 0.25% in October, largely driven by fading base effects, a Mint poll of 20 economists showed. While inflation is expected to have bottomed-out in October, prices pressures are expected to remain weak both in foods (due to a good monsoon and harvest) and non-foods (due to GST cuts and possibly weak demand).
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Source: https://taxguru.in/goods-and-service-tax/empanelment-cas-cost-accountants-special-gst-audit.html
The CGST & Central Excise Bhiwandi Commissionerate has invited online Expressions of Interest (EOIs) from Chartered Accountants, CA firms, Cost Accountants and Cost Accountant firms for empanelment to conduct Special Audits under Section 66 of the CGST Act, 2017.
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A term insurance plan offers more than a sense of security, it creates a financial cushion that protects your family in case of your absence. With the recent goods and services tax (GST) rate overhaul making term insurance products 18% cheaper, many people focus on simply "having" a policy. Far fewer stop to assess whether their life cover is actually adequate for their family’s needs.
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Source: https://taxguru.in/goods-and-service-tax/gst-compensation-dues-cleared-states-pending-govt.html
The Minister of State for Finance clarified in Rajya Sabha on 2nd December 2025 that almost all GST compensation dues have been paid to States/UTs for FY 2017-18 to 2021-22, except Arunachal Pradesh and Manipur, pending submission of audited AG certificates.
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A term insurance plan offers more than a sense of security, it creates a financial cushion that protects your family in case of your absence. With the recent goods and services tax (GST) rate overhaul making term insurance products 18% cheaper, many people focus on simply "having" a policy. Far fewer stop to assess whether their life cover is actually adequate for their family’s needs.
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India is in a better position, and 2026 appears to be an improvement over last year, according to Ashish Gupta, chief investment officer (CIO), Axis Mutual Fund. “But with such heavy supply, you can’t expect a runaway market," he said.
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NEW DELHI: Prices of key inputs for the fast-moving consumer goods (FMCG) sector are moving in opposite directions, creating a mixed margin outlook for companies such as Hindustan Unilever, Marico and Parle Products.
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The government plans to implement capacity-based taxation on pan masala variants to combat tax evasion. The Health Security se National Security Cess Bill 2025 was approved, allowing quick inclusion of similar products, with proceeds aimed at funding public health and national defense initiatives.
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In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
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Sitharaman said the proposed reforms would be similar to the reforms and simplification in the Income Tax Act
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