CAclubindia News

GST Rate Cuts to Boost Consumption, Credit Growth and Economy: Bankers

09 September 2025 at 09:29

Bankers say GST 2.0 rate cuts on 396 items will boost consumption, credit growth, and economic activity. The reform, effective Sept 22, is set to lower inflation and strengthen India’s growth.

Posted in GST | 354 Views

FM Sitharaman Confident Fiscal Deficit Safe Despite Rs 48,000 Crore GST Gap

09 September 2025 at 09:24

Finance Minister Nirmala Sitharaman says GST rate cuts won’t hurt public finances. Higher consumption will cover the Rs 48,000 crore shortfall and boost GDP growth.

Posted in GST | 222 Views

GST Rate Cuts to Boost Demand and Investments, FM Tells Corporate India

09 September 2025 at 09:16

FM Sitharaman says GST cuts on 375+ items will spark enduring demand, urging India Inc to shed excuses and step up investments.

Posted in GST | 285 Views

GST Fraud Crackdown: Former Employee Arrested in Noida for Rs 10 Crore Fake Invoice Scam

09 September 2025 at 09:12

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.

Posted in GST | 342 Views

GST Overhaul Aims to Simplify Compliance, Boost Consumption: FM Sitharaman

09 September 2025 at 09:08

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.

Posted in GST | 303 Views

FM Sitharaman: Companies Must Pass GST Rate Cut Benefits to Consumers

09 September 2025 at 08:59

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.

Posted in GST | 1944 Views

GST 2.0 and Festive Season to Boost Car Sales

09 September 2025 at 08:54

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.

Posted in GST | 108 Views

CBIC Issues Clarification on Fake GST Transition Benefit Message Circulating Online

09 September 2025 at 08:48

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.

Posted in GST | 1596 Views

ICAI Postpones CA Exams in Kathmandu on 9th & 10th September 2025 Amid Nepal Protests

09 September 2025 at 08:41

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.

Posted in Students | 1599 Views

Petrol, Diesel, and Alcohol Unlikely to Come Under GST Soon: FM Sitharaman

08 September 2025 at 08:56

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%.

Posted in GST | 762 Views