CAclubindia News
GST Rate Cuts to Boost Consumption, Credit Growth and Economy: Bankers
09 September 2025 at 09:29Bankers 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.
FM Sitharaman Confident Fiscal Deficit Safe Despite Rs 48,000 Crore GST Gap
09 September 2025 at 09:24Finance 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.
GST Rate Cuts to Boost Demand and Investments, FM Tells Corporate India
09 September 2025 at 09:16FM Sitharaman says GST cuts on 375+ items will spark enduring demand, urging India Inc to shed excuses and step up investments.
GST Fraud Crackdown: Former Employee Arrested in Noida for Rs 10 Crore Fake Invoice Scam
09 September 2025 at 09:12Greater 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.
GST Overhaul Aims to Simplify Compliance, Boost Consumption: FM Sitharaman
09 September 2025 at 09:08FM 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 Sitharaman: Companies Must Pass GST Rate Cut Benefits to Consumers
09 September 2025 at 08:59FM 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.
GST 2.0 and Festive Season to Boost Car Sales
09 September 2025 at 08:54Stellantis 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 Issues Clarification on Fake GST Transition Benefit Message Circulating Online
09 September 2025 at 08:48CBIC 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 Postpones CA Exams in Kathmandu on 9th & 10th September 2025 Amid Nepal Protests
09 September 2025 at 08:41ICAI 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.
Petrol, Diesel, and Alcohol Unlikely to Come Under GST Soon: FM Sitharaman
08 September 2025 at 08:56Finance 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%.
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