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According to Vahan data, total registrations of battery-powered vehicles in Sept stood at 1.82 lakh units, down 3% from 1.88 lakh units in August. (AI image) Chennai: Registrations of electric vehicles (EVs) witnessed a mixed trend in Sept 2025. While overall numbers for the first half of this fiscal crossed the one million mark, the…
NEW DELHI: GST collections rose 9.1%, the fastest pace of expansion in four months, to Rs 1,89,017 crore in Sept, indicating that the impact of the announcement of a rate reduction did not significantly dent sales.Domestic collections in Sept — for transactions in Aug — were up 6.8% to Rs 1,36,525 crore as consumers deferred…
NEW DELHI: Significant price cuts post GST reduction saw retail of cars and SUVs hit record numbers in Sept with the festive fervour adding to the excitement. Companies say that the strong momentum is likely to continue till Diwali later this month even though there could be challenges in catering to the rush.Maruti, which benefitted…
India’s goods and services tax (GST) revenues rose 9.1% year-on-year to Rs 1.89 lakh crore in September, Reuters reported citing government data.In August, Gross GST collections had stood at Rs 1.86 lakh crore, reflecting a 6.5% rise from Rs 1.75 lakh crore in the same month last year. Net collections for August were Rs 1.67…
Diwali shoppers may feel the excitement of GST 2.0, with headlines promising lower taxes on televisions, air-conditioners, cars, and other goods. At first glance, the new GST slabs — simplified to 5%, 18%, and 40% — appear to deliver a straightforward win for buyers. The government hopes the reform will reduce prices, simplify compliance, and…
Since the implementation of GST 2.0, the National Consumer Helpline (NCH) has received nearly 3,000 complaints related to the tax cuts, Consumer Affairs Secretary Nidhi Khare said on Monday.“Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes…
This Navratri, rural India is spending more on cars, motorcycles, televisions, beauty products, and premium watches, with several categories outpacing pre-GST sales figures.The trend signals a strong revival in entry-level demand following the overhaul of the goods and services tax (GST). More vehicles sold in rural India Automakers like Maruti Suzuki, Hyundai and Tata Motors…
MUMBAI: Hindustan Unilever (HUL) has said that sales have been impacted in Sept as markets prepared for the new GST regime leading to some temporary disruptions in the supply chain. Distributors and retailers postponed placing orders for fresh stock as they awaited new packs with updated prices to hit the markets and instead focused on…
India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…
Indian Railways has revised its standard conditions of contract for tenders, introducing localisation and price variation clauses while emphasizing maintenance during contract execution, officials said. The changes aim to make procurement more flexible and reduce litigation.“Contractors can replace faulty or rejected goods within 60 days of being informed of defects. They had just 21 days…
