Market pulse › GST
Today3 stories · 3 articles
Net tone▲ +33% today
Market checkJSW Cement −0.2%
Developing4 storylines
824 Sept
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Policy▲ bullishAfter GST exemption, retail policy base rises 11% for Star HealthStar Health reported an 11% rise in its policy base after individual health insurance premiums were exempted from GSTStar Health and Allied InsuranceHealth insuranceInsurance
Policy● mixedGST Council likely to give green signal for freight movement by metro trainsGST Council likely to approve freight movement on metro trainsRailwaysShipping and logisticsTaxes
Policy● mixedTax audit deadline September 30: 5 common mistakes in GST turnover, TDS, AIS and business expenses to avoidTax-audit deadline is September 30Income taxTaxes
Data● mixedThe week ahead in numbers: Factory growth, GST collections, vehicle salesThe week ahead includes factory growth, GST collections and vehicle salesTax collectionsAuto salesAutos
Policy● mixedOne year of GST 2.0: What changed for hotel room pricing and guest behaviourAccor’s ibis says the ₹7,500 hotel-room threshold is drawing greater guest attentionTaxesHotels and travel
Legal● mixedSanofi India receives Rs 23.74 crore GST show cause noticeSanofi India received a ₹23.74 crore GST show-cause noticeSanofi IndiaTaxes
Policy▲ bullishGST Cuts Leave 5-6% Affordability Headroom For Car Buyers, Says Tata Motors' Shailesh ChandraGST cuts leave 5–6% affordability headroom for car buyersTata GroupCars and SUVsAuto sales
Data▲ bullishIndia's car sales crank up as GST gains & income twist top price hikesCar prices rose about 3% in the past year, while disposable incomes grew fasterAuto salesCars and SUVsTata Motors PV
Legal▼ bearishSunteck Realty receives ₹59 crore GST notice for TDR procurement in FY23Sunteck Realty received a ₹59 crore GST notice over FY23 TDR procurementSunteck RealtyTaxesReal estate
Legal● mixedRajasthan tax department expands probe into evasion, false claimsRajasthan’s tax department detected potential tax liability of ₹22.79 crore at over 25 establishmentsTaxes
● mixedAnother price hike inevitable due to higher input costs: Tata Motors PV MD Shailesh ChandraTata Motors PV MD Shailesh Chandra says another price hike is inevitable due to higher input costsTata Motors PVInput costsCars and SUVs
Policy● mixedGST Council’s October 7 meeting to focus on process reforms; no broad rate changes expectedThe Council is expected to review implementation of GST rate changes over the past yearTaxesUPI
Market move▼ bearishBuzzing Stocks: ESDS Software slips 5% despite 14% profit jump; JSW Cement falls on ₹230 crore GST noticeESDS Software SolutionJSW CementTaxes
Policy● mixedGST Council to review proposed levy on UPI merchant fees above ₹2,000The GST Council is scheduled to meet on October 7 to discuss the levyUPITaxesFintech and payments
Policy● mixedGST Council may review UPI MDR and an 18% tax next monthGST Council will take up a proposal on MDR for UPIUPIFintech and paymentsTaxes
Policy● mixedUPI MDR: No extension of October 15 implementation date; GST Council may review 18% GSTUPIFintech and paymentsTaxes
Legal▼ bearishJSW Cement receives ₹230 crore GST demand notice over alleged incorrect classificationJSW Cement received a ₹230 crore GST demand notice over alleged incorrect classificationJSW CementCementTaxes
Market move● mixedNSE sees gold receipts becoming a big business in the next three yearsNSE Chairperson Srinivas Injeti said electronic gold receipts could gain traction over the next three yearsNSEGoldGold loans
Policy▲ bullishIndian copper producers urge government to cut indirect tax to 5% from 18%Copper producers are urging a GST cut on copper products from 18% to 5%Base metalsMetals and miningTaxes
Policy● mixed75% traders may not face UPI levy, says NPCI MD & CEO Dilip Asbe75% of traders may not face a UPI levy, NPCI chief Dilip Asbe saidDilip AsbeUPIFintech and payments
Legal● mixedInput tax credit and supplier default: SC settles the law, but compliance reality remains complexThe absence of an invoice in GSTR-2A may indicate the supplier has not paid GSTITCTaxes