Creative Bharat
The consumption of diesel and petrol in the country was higher during September 2025 on an annual basis as festival season stocking, further boosted by GST rate cuts, lifted demand for the key auto fuels even as the month witnessed heavy monsoon rains. According to the Petroleum Planning & Analysis Cell (PPAC), India’s diesel consumption […]
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 […]
Prices of as many as 375 items, including kitchen staples to electronics, from medicines and equipment to automobiles, got cheaper from September 22 | Photo Credit: – GST collections clocked near double-digit growth to amass ₹1.89 lakh crore in September — a month in which the reduced tax rates came into effect in the second […]
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 […]
Representative image India’s Goods and Services Tax (GST) collections for September 2025 stood at ₹1,89,017 crore, marking a 9.1% increase compared with ₹1,73,240 crore in September 2024, according to provisional data released by the Finance Ministry. This continues the momentum seen in recent months and reflects both stronger domestic demand and higher import activity. Domestic […]
E-commerce platforms cited ‘technical glitches’ when discrepancies in pricing pre- and post-GST reduction were pointed out. | Photo Credit: Bet_Noire The government has placed e-commerce platforms under scrutiny as it monitors prices of daily use FMCG products ranging from shampoo to pulses to ensure that the benefits of Goods and Services Tax (GST) rate cuts […]
The revised GST norms came into effect from September 22 | Photo Credit: Bet_Noire E-commerce platforms are under the government’s scanner for not passing on benefits of reduced GST rates to consumers. This comes after the government received complaints from consumers that prices were not reduced of certain items on the e-commerce platforms commensurate to […]
Most companies have fully passed on GST benefits to consumers | Photo Credit: SIVAKUMAR PV The transition to revised GST rates could lead to adverse impact on volumes to the tune of 2-3 per cent, a report by Nuvama Institutional Equities noted. It added that this was due to delayed consumer purchases and reluctance of […]
New Delhi, The government has placed e-commerce platforms under scrutiny as it monitors prices of daily use FMCG products ranging from shampoo to pulses to ensure that the benefits of Goods and Services Tax (GST) rate cuts are being appropriately passed on to consumers, a source said on Tuesday. Authorities are monitoring whether these platforms […]
