- 31 Dec 2025 06:06 PM
- New
Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers
According to Vahan data, two-wheeler registrations grew 7% to a record 20.2 million units in 2025, while passenger vehicle registrations grew 9% to 4.38 million units, also a record.
New Delhi: India’s top manufacturers of scooters, motorcycles and cars are set to close the year on a record high, with two-wheeler retail registrations crossing 20 million and four-wheeler registrations crossing 4.3 million for the first time.
- 31 Dec 2025 06:20 PM
- New
Annual GST Returns Deadline Sought to Be Extended Due to Complex ITC Reporting
The representation seeks an extension of the due date for filing Forms GSTR-9 and GSTR-9C for FY 2024-25, citing substantial practical challenges. Recent amendments have significantly increased the granularity and complexity of ITC reporting, requiring detailed bifurcation, multi-table disclosures, and intricate reconciliations spanning three financial years due to spill-over credits and reversals.
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- 30 Dec 2025 06:46 PM
- New
'Keep trusting India and investing in our people': PM Modi pens note on LinkedIn, calls 2025 year of reforms
As 2025 comes to a close, Prime Minister Narendra Modi penned a note on networking site LinkedIn saying the year will be remembered as a year for India when it focused on "reforms as a continuous national mission, building on the ground covered over the past 11 years.” He said India has “emerged as the centre of global attention,” driven by “the innovative zeal of our people.”
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- 30 Dec 2025 06:40 PM
How India’s health insurance choices evolved in 2025
The removal of GST on health and term insurance was an important catalyst in how consumers upgrade coverage, choose smarter products, and commit to longer-term protection.
As 2025 comes to a close, India’s health insurance market looks very different from what it was even a year ago. The year marked a decisive shift in how Indian households evaluate healthcare risk, driven by rising medical costs, deeper product innovation, and a regulatory environment that encouraged consumers to seek better protection.
The removal of GST on health and term insurance was an important catalyst in how consumers upgrade coverage, choose smarter products, and commit to longer-term protection.
As 2025 comes to a close, India’s health insurance market looks very different from what it was even a year ago. The year marked a decisive shift in how Indian households evaluate healthcare risk, driven by rising medical costs, deeper product innovation, and a regulatory environment that encouraged consumers to seek better protection.
- 30 Dec 2025 06:35 PM
Regulator PNGRB for regulating regasification fee, bringing natural gas under GST
The proposal comes days after the regulator lowered the tariff slabs for gas transportation, thereby making compressed natural gas and city gas distribution prices cheaper.
New Delhi: In a bid to make natural gas cheaper and boost adoption, India’s gas regulator has proposed regulating the regasification charges for liquefied natural gas (LNG) and also bringing the fuel under the goods and services tax (GST), citing low utilization and weak financial viability at most terminals.
- 30 Dec 2025 06:32 PM
Apollo Tyres’ margin upside looks capped, to weigh on stock
India demand remains resilient on lower GST rates and improving exports, but weak Europe volumes and sponsorship costs are clouding the near-term margin outlook.
Apollo Tyres Ltd is navigating a rocky patch. Its India business remains on relatively firm ground, supported by a demand boost following cuts in goods and services tax (GST) rates and a recovery in exports, while Europe continues to be a drag amid persistently weak demand.
- 30 Dec 2025 06:43 PM
CCPA continues crackdown on mandatory service charge, fines China Gate restaurant
New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a ₹50,000 fine on China Gate Restaurant Private Limited, which operates the Bora Bora restaurant chain in Mumbai, for levying mandatory service charges in violation of consumer protection norms and Delhi High Court directions.
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- 24 Dec 2025 06:05 PM
GST on MPLADS Works Does Not Cut Annual Fund Allocation
Source: https://taxguru.in/goods-and-service-tax/gst-mplads-works-cut-annual-fund-allocation.html
Summary: The Government informed Parliament that while transfers to MPLADS funds are outside the scope of GST, the utilisation of these funds for procuring goods and services attracts GST at applicable rates, which forms part of the project execution cost. It clarified that GST does not reduce the annual MPLADS entitlement of ₹5 crore per Member of Parliament, as tax components are factored into project cost estimates at the time of sanction.
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- 24 Dec 2025 06:20 PM
CBI Arrests CGST Superintendent in Mumbai while accepting Rs. Five Lakh Bribe
Central Bureau of Investigation arrested a Superintendent of CGST Audit-I, Mumbai, on 22 December 2025 for allegedly accepting a bribe of ₹5 lakh from a private company director. The arrest followed a written complaint alleging that the officer, after conducting an audit on 26 November 2025, threatened to raise a fabricated tax demand of ₹98 lakh unless illegal gratification was paid.
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- 24 Dec 2025 05:43 PM
Amid soaring AQI levels, Delhi HC directs GST Council to meet soon to consider lowering tax rate on air purifiers
The Delhi High Court has instructed the GST Council to hold a meeting as soon as possible to discuss lowering GST rates on air purifiers amid rising air pollution, PTI reported.
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