- 12 May 2026 05:33 PM
- New
GST Council to explore simplifying procedures, clarify taxation of ride-hailing apps
Although e-commerce operators are liable to pay 5% GST on passenger fares subject to a conditi, ride-hailing app companies that adopt a driver subscription model say it doesn't apply to them because they don't collect the fares.
Read More- 12 May 2026 05:48 PM
- New
Mint Explainer | Why the GST Council plans to review taxation of ride-hailing app companies
Source: https://www.livemint.com/economy/gst-council-ride-hailing-app-tax-rule-uber-ola-11778570603659.html
mmission-based platforms already pay GST, while subscription-based apps argue they merely connect drivers and riders, making rides non-taxable.
Read More- 11 May 2026 05:53 PM
- New
Investors return to FMCG stocks as early signs of demand recovery emerge
Early signs of demand recovery and improving earnings outlook drive renewed interest in FMCG stocks after a prolonged phase of underperformance.
Read More- 11 May 2026 05:58 PM
Representation on ITC denial for supplier defaults, Rule 37A & 180-day reversal
The representation addressed to the Union Finance Minister, GST Council, and CBIC seeks legislative and administrative relief for bona fide GST recipients facing denial or reversal of Input Tax Credit (ITC) under Section 16(2)(c), Section 41, Rule 37, and Rule 37A of the CGST framework.
Read More- 11 May 2026 05:49 PM
Why are midcap stocks gaining momentum ongoing geopolitical tensions? Explained
Despite current challenges, the outlook remains cautiously optimistic. If the trend of FIIs selling in India reverses in the coming years, the resulting upside could be substantial.
Read More- 11 May 2026 05:36 PM
Tax cuts were a godsend for the auto industry. Then the commodity storm hit.
Two-wheeler and passenger vehicle makers said in recent earnings calls that they are trying to absorb a large part of commodity inflation rather than passing it fully to consumers, amid concerns that repeated price hikes have already eroded some of the gains from last year's reduction in GST rates.
Read More- 09 May 2026 05:31 PM
E-way bill generation eases in April after March peak
The number of e-way bills raised, taken as a proxy for the extent of goods movement across the country, generally tends to spike during March.
Read More- 09 May 2026 05:36 PM
Hyundai India profit falls for second year as competition, costs weigh
Hyundai had ceded its position as the country’s second-largest carmaker, behind Maruti Suzuki India Ltd, to Mahindra & Mahindra Ltd (M&M), a rank it had held since 2009.
Read More- 08 May 2026 06:41 PM
GST Council to get four new representatives at next meeting
The GST Council operates as a model of cooperative federalism, where decisions are largely shaped through consensus rather than formal voting.
Read More- 07 May 2026 06:37 PM
Bajaj Auto posts strong FY26, warns of demand slowdown ahead
Exports grew 21% to 2.25 million units, and domestic sales grew 3% to 2.86 million units.(Reuters)
Bajaj Auto Ltd warned that demand for two-wheelers in India is likely to soften as rising raw material costs, driven by the West Asia conflict, push up vehicle prices and erode gains from recent GST cuts, even as it reported strong earnings growth and unveiled its largest share buyback.