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The steepest GST cut? Fiscal discipline opens door for tax rationalisation
The GST by its design was a destination-based tax, making it self-enforcing and addressing concerns of tax cascading
 "The steepest GST cut? Fiscal discipline opens door for tax rationalisation")
Sebi likely to tweak its June reform proposal on governance of MIIs
Separately, the regulator is weighing the introduction of a variable pay component of up to 25 per cent for certain key managerial employees of MIIs in their annual remuneration
 "Sebi likely to tweak its June reform proposal on governance of MIIs")
Input tax credit removal blunts impact of GST waiver on insurance
While the GST exemption on health and life insurance premiums will lower costs for consumers, insurers will absorb some impact due to the removal of input tax credit (ITC)
 "Input tax credit removal blunts impact of GST waiver on insurance")
Celebrations commence with GST reform announcements, marking economic shift
This courageous move signals the emergence of a stronger economy, clearly indicating that India is firmlyset on a path of progress and growth
 "Celebrations commence with GST reform announcements, marking economic shift")
GST cuts boost auto sector, dealers hope for quick cess resolution
Auto dealers expect a boost in the second half of FY25 following GST cuts on vehicles and parts, which aim to improve affordability
 "GST cuts boost auto sector, dealers hope for quick cess resolution")
GST reforms to boost competitiveness of exporters across sectors
The removal of the value threshold for GST refunds will significantly benefit small and e-commerce exporters by making even low-value shipments eligible for refunds
 "GST reforms to boost competitiveness of exporters across sectors")
Will talk to industry bodies if lower rates not passed on: CBIC Chairman
Sanjay Agarwal says CBIC will flag cases with industry bodies if firms fail to pass on GST relief
 "Will talk to industry bodies if lower rates not passed on: CBIC Chairman")
GST cut likely to defer insurance buying till new rates kick in
Experts expect spike in health and life insurance sales post-September 22, 2025, after GST exemption on individual policies takes effect, but many customers are likely to defer purchases until then
 "GST cut likely to defer insurance buying till new rates kick in")
From complexity to clarity: GST Council ushers in a new era of tax reforms
The shift from four slabs to a leaner two-tier structure 5% for merit goods and 18% for standard goods, with 40% for sin and luxury items is the most far-reaching change since GST's inception
Patients to benefit from GST rate cut, but firms likely to face pressure
GST rationalisation lowers costs for medical consumables and high-end therapies, benefiting patients. However, pharma companies, particularly in biologics, may face margin pressure due to ITC loss
 "Patients to benefit from GST rate cut, but firms likely to face pressure")
Datanomics: Fast-moving goods and services key to meeting Modi's objectives
Looking from a different perspective of durability of the products, it is non-durable or fast moving products which would have higher impact on the demand
 "Datanomics: Fast-moving goods and services key to meeting Modi's objectives")
Startups and VCs call for ecosystem for growth of semiconductor industry
Startups and venture capital firms emphasise the need for a strong ecosystem to accelerate the growth of India's semiconductor industry, fostering both domestic and global competitiveness
 "Startups and VCs call for ecosystem for growth of semiconductor industry")
GST exemption on life, health policies: Lock in lower term premiums now
Enhance sum insured on base health policy, buy add-on cover
MFs' equity buying surges to 10-month high in August, shows strong inflows
Equity mutual fund (MF) investments surged in August to a 10-month high, indicating strong inflows into equity MF schemes post-July's record highs, despite a market correction
 "MFs' equity buying surges to 10-month high in August, shows strong inflows")
Sweating it out in luxury and style: Tracking India's rise of elite gyms
Places offer high-tech services and exclusive amenities to transform fitness into a premium social experience
 "Sweating it out in luxury and style: Tracking India's rise of elite gyms")
When romance meets the rulebook: How cos deal with workplace relationships
Several Indian companies have similar safeguards in place, though few were forthcoming about their policies when contacted
 "When romance meets the rulebook: How cos deal with workplace relationships")
Why changing inflation target is fraught with risks for RBI's future policy
The RBI has sought views on four key inflation-targeting issues. Maintaining the status quo is recommended, with the focus on creating conditions to consistently achieve the existing 4% target
The Evin Prison Bakers Club: Prison memoir details hard-baked resistance
The book blends memoir, recipes, and resistance, portraying Iranian women prisoners who turn baking into an act of defiance and solidarity
 "The Evin Prison Bakers Club: Prison memoir details hard-baked resistance")
It's raining crises: Cities need urgent plans for climate change impacts
At first glance, the easy culprit to pinpoint is growing indiscriminate urbanisation
 "It's raining crises: Cities need urgent plans for climate change impacts")
A new GST: The indirect tax system simplified for greater efficiency
The removal of the 12 and 28 per cent slabs and the shifting of items from these slabs to 5 and 18 per cent will make a large number of consumer items cheaper