FM Sitharaman says GST cuts on 375+ items will spark enduring demand, urging India Inc to shed excuses and step up investments.
Greater Noida police arrested a former employee for generating fake GST invoices worth Rs 10 crore to fraudulently claim Rs 1.8 crore ITC. Laptop, phones and documents seized.
FM Nirmala Sitharaman says GST overhaul will simplify compliance, speed up refunds, and reduce household costs. From Sept 22, 400 items including cars, soaps, and insurance to get cheaper.
FM Nirmala Sitharaman urges companies to pass on GST rate cut benefits to consumers, as GST 2.0 takes effect on Sept 22. CBIC warns industries to ensure compliance; relief package for exporters planned.
Stellantis India CEO expects car sales to surge during the festive season, boosted by GST 2.0 rate cuts making small cars cheaper. Citroen launches Basalt X Range with premium features at Rs 7.95 lakh.
CBIC warns against a fake GST message on transition benefits circulating on social media. The Board clarified the claims are misleading, urging reliance on official notifications only.
ICAI has postponed the CA examinations scheduled on 9th & 10th September 2025 in Kathmandu due to widespread protests in Nepal. Revised exam dates will be announced soon.
Finance Minister Nirmala Sitharaman confirmed petrol, diesel, and alcohol will remain outside GST for now, citing state revenue concerns, even as 99% of goods fall under simplified GST slabs of 0%, 5%, and 18%.
Finance Minister Nirmala Sitharaman explains the rationale behind GST reforms, citing the "popcorn example" to highlight classification disputes.
Finance Minister Nirmala Sitharaman has assured that GST 2.0 will not derail India’s fiscal roadmap or ₹11.21 lakh crore capex plan for FY26. She said reforms will spur consumption while keeping fiscal deficit targets intact.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
