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The 57th meeting of the Goods and Services Tax Council has been postponed by one day and will now convene on October 8 at 11 am at the Summit Room, Bharat Mandapam, in New Delhi. An official memorandum cited unavoidable circumstances for the change, while members were informed and apologised to for the inconvenience.
The 57th meeting of the Goods and Services Tax Council has been postponed by one day and will now convene on October 8 at 11 am at the Summit Room, Bharat Mandapam, in New Delhi. An official memorandum attributed the change to unavoidable circumstances, with members informed of the revised schedule and an apology issued for the inconvenience.
The 57th meeting of the Goods and Services Tax Council has been postponed by one day and will now be held on October 8 at Bharat Mandapam in New Delhi, beginning at 11 am. An official memorandum cited unavoidable circumstances for the change and informed members of the Council, while also expressing regret for any inconvenience caused.
India’s goods and services tax regime is entering a more consequential phase, with policymakers weighing how to deepen compliance, simplify administration and preserve the federal compact that underpins the system. The next stage of GST reform will test whether the Centre and states can align on a shared national purpose while protecting their respective fiscal responsibilities.
Embraer and Mahindra Group plan to invest about ₹6,000 crore in a Nagpur assembly line as part of a broader push to localise production and build an Indian industrial base around the C-390 Millennium military transport aircraft. The partnership is expected to progressively integrate Indian aerospace companies into the programme, signalling a long-term manufacturing and supply-chain opportunity for the country.
India’s startup funding market opened October on a strong footing, with weekly inflows crossing $400 million for the period of September 26 to October 2. The tally was lifted decisively by two deals above the $100 million mark, underscoring that late-stage capital remains available even as investors stay selective across the broader market.
The Indian government has halved the stock limit for traders to 100 tonnes, a move aimed at tightening oversight of essential commodities and discouraging speculative hoarding. The order will take effect on October 15 and remain in force until November 30, underscoring New Delhi’s effort to manage supply conditions during a sensitive inflationary period.
Banks are likely to put additional liquidity from FCNR(B) deposits to work in the coming months as festive-season borrowing demand strengthens, Reserve Bank Deputy Governor Rohit Jain said. He indicated that the central bank will not direct lenders toward specific sectors, leaving deployment decisions to banks based on the quality of credit proposals and broader demand conditions.
IndusInd Bank managing director and chief executive Rajiv Anand has said he was informed that his name has been unmapped from the electoral roll, despite holding valid identity documents including a voter ID and Aadhaar card. The development comes as the Election Commission carries out a Special Intensive Revision of voter lists and has extended deadlines for claims in Delhi and Maharashtra.
India’s goods and services tax collections rose above ₹2 lakh crore in September for the second time, underscoring resilient domestic demand, stronger import-linked revenues and sustained compliance gains. The latest numbers arrive as policymakers prepare for the next GST Council meeting, where festive-season consumption and rate rationalisation are expected to dominate the agenda.
The Bombay High Court has held that circulating a victim’s videos on WhatsApp can fall within the ambit of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act when the conduct is tied to caste-based exploitation and humiliation. The ruling comes in a case where the accused allegedly demanded favours from a victim belonging to an SC/ST community and, after refusal, shared the victim’s videos on the messaging platform.
India’s goods and services tax collections again crossed the ₹2 lakh crore mark in September, underscoring resilient domestic demand, robust import-linked revenues and a still-firm tax base. The latest print strengthens expectations that the GST Council may consider further rate and compliance changes at its upcoming meeting, especially as the festive season gathers pace.
The Finance Ministry does not expect a meaningful shift back to cash after the proposed merchant discount rate on a limited set of UPI transactions, according to sources. Officials believe the impact will be confined to a small share of total UPI volume, while free RuPay debit card transactions and close monitoring should help prevent any pass-through of costs to consumers.
For founders, operators and ambitious professionals, consistency is often the difference between intention and execution. A closer look at five widely read books shows how small systems, habit design and disciplined routines can translate into steadier progress over time.
India and the European Free Trade Association are preparing to review their trade agreement a year after it took effect, with officials and business leaders expected to use the Second Prosperity Summit in New Delhi to press for faster progress on market access and implementation bottlenecks. The discussions come as both sides look to expand trade and investment flows beyond the pact’s initial commitments, with a sharper focus on practical outcomes for companies.
Yes Bank has moved the Supreme Court against a Delhi High Court direction ordering a forensic audit into the sale of Fortis Healthcare shares, arguing it was not a party to the original arbitration proceedings. The bank says it does not object to scrutiny of Fortis Healthcare and its former promoters, and will share relevant transaction details within the limits of law.
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