Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.
It has been reliably learnt that late on Tuesday evening, the Pakistan Cricket Board (PCB) sent another mail to the ICC reiterating the demand to remove Pycroft from all its games but as of now, it hasn't been obliged by the world body.
Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.
Youth-led Gen Z group in Nepal demands Parliament dissolution and Constitution amendment amid anti-government protests and a rising death toll. They emphasize dialogue and warn against political manipulation.
'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'
Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22.
Pakistan are currently in the second spot with two points, ahead of UAE (2 points) on net run rate.
Operation Sindoor has not yet been formally called off. What was the crying need to send a team when it was known that there could be a match with Pakistan? asks Vice Admiral Biswajit Dasgupta (retd).
Afghanistan skipper Rashid Khan on Tuesday didn't mince words while criticising the "not so ideal" scheduling
'Stage five of this catastrophe has begun: Starvation.'
AIADMK chief Edappadi K Palaniswami has ruled out the possibility of re-inducting expelled leaders like O Panneerselvam, stating that those who "betrayed" the party have no place in it. He also praised the BJP-led Centre for protecting the AIADMK government in 2017.
The GST Council on Wednesday approved two slabs of 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.
Following the government's recent Promotion and Regulation of Online Gaming Act, 2025, the BCCI promptly cancelled the contract of the Indian team's lead sponsor, Dream11.
Mohammed Siraj's burst on the final day of the Test series against England helped India win in dramatic fashion to level the five-match series at 2-2.
Among Sensex firms, Mahindra & Mahindra, Tata Motors, Trent, Eternal, Asian Paints and Infosys were the major gainers. However, Sun Pharma, ITC, Hindustan Unilever and Titan were among the laggards.
Prime Minister Narendra Modi on Monday presented India's strong stance against terrorism, calling out the 'some countries' for their open support of terrorism and reaffirming that such 'double standards' are not acceptable.
Kavitha, daughter of party founder and former Telangana Chief Minister K Chandrasekhar Rao (KCR), also announced quitting as Member of the Legislative Council and indicated there was 'pressure' on her father to act against her.
'The people who were protesting and getting violent were all in the age group of 14-25.'
'Rates go up, revenues go up, and the need for compensation diminishes.'
The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
Leading FMCG companies have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22 to extend the GST rate cut benefits to consumers. Firms such as Procter & Gamble, Emami and HUL have come up with new price lists which have been communicated to their respective distributors and consumers through their respective websites.
The government plans to introduce three bills in Parliament to address the removal of a prime minister, Union minister, chief minister, or minister of a Union Territory when arrested or detained on serious criminal charges.
Captain Muhammad Waseem, the UAE's best batter who is known for his aggressive approach and ability to play big shots, got into the act and fetched himself three boundaries in Aamir Kaleem's first over, the 43-year-old left-arm spinner hardly posing any threat as he ended up giving away 14 runs.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
Democratic Senator Jeanne Shaheen's comments came amid a major downturn between New Delhi and Washington after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 percent, including a 25 percent additional duties for India's purchase of Russian crude oil.
'The way the attacks are coming has become much stronger and much wider because of AI.'
India's first match of the tournament against the hosts United Arab Emirates is scheduled to take place in Dubai on September 10.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
Bolton slammed Trump's tariff policy, asserting that it has "shredded" decades of Western efforts to align India away from its Cold War ties with the then Soviet Union (Russia) and address the growing threat from China.
Former Indian cricketer Atul Wassan urged the Pakistan team to showcase their anger and some competition on the field rather than being in controversies off the field,
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
Almost all the Indian batters ended their batting sessions with lofted shots. Every few minutes, screams of 'Watch out!' filled the air -- not from the players, but from scribes trying to protect their laptops, cameras, and skulls.
'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'
India pacer Akash Deep received a special award for his impressive performance in the recent Test series in England during annual Cricket Association of Bengal (CAB) awards in Kolkata on Saturday.
EVMs can't be used in presidential, vice-presidential, or Rajya Sabha polls because they only count simple votes, not the preference-based system needed for these elections.
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
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