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City Company’s Clever Trick: Empty Vans Used to Fuel ₹100 Crore GST Scam—The Shocking Details Revealed
In this article, we dive into the ₹100 crore GST scam involving empty vans and fraudulent invoices. Learn how the scam was detected, what businesses can do to avoid such fraud, and why staying compliant with GST laws is crucial for long-term success.
Huge Relief for Homebuyers: Smaller Apartments Now Exempt from GST with Maintenance Charges Below Rs 7,500!
This article explores the recent GST exemption for maintenance charges under Rs 7,500 in smaller apartments. The move provides significant relief for homebuyers, offering clear insights into how the new tax rules work and who qualifies for the exemption. If you live in a smaller apartment, this change could lower your monthly living expenses and simplify your tax obligations.
ITC Shares In Focus After GST 2.0: Three Key Developments Investors Must Know
ITC shares are buzzing after GST 2.0 reshaped India’s tax system. With lower FMCG and stationery taxes boosting margins and a new tobacco tax regime offering long-term clarity, ITC looks more balanced than ever. While traders may see short-term volatility, long-term investors can count on dividends, FMCG expansion, and a stronger growth story. ITC proves again why it remains a cornerstone stock in India.
GST Rate Cuts On Cars: Hyundai And Tata Motors Slash Prices Customers To Save Lakhs From September 22
GST rate cuts on cars are making waves in India as Hyundai and Tata Motors slash prices starting September 22, 2025. Families can save up to ₹2.4 lakh on Hyundai models, while Tata’s passenger and commercial vehicles get reductions up to ₹4.65 lakh. Backed by GST 2.0 reforms, this move simplifies taxes, boosts demand, and puts more money back into customers’ pockets while fueling growth in India’s auto industry.
Hyundai India Slashes Car Prices By Up To Rs 2.4 Lakh After GST Cut: Check Models
Hyundai India has slashed prices by up to ₹2.4 lakh following GST 2.0 reforms, effective September 22, 2025. Popular models like Tucson, Venue, Creta, and i20 see big cuts, making them more affordable. The move reshapes India’s auto market, pressures competitors like Tata and Mahindra, and benefits individuals, families, and fleet buyers alike. With festive season demand, Hyundai’s strategy blends value with timing, changing the car-buying game in India.
GST Inversion Eases But Rate Gaps Still Hurt Industry: Why It’s A Big Worry
GST inversion in India has eased after reforms, but rate gaps still strain industries like bicycles, textiles, and pharmaceuticals. Businesses face stuck credits, refund delays, and cash flow stress, especially MSMEs. While the GST Council’s new slabs and provisional refund plan bring hope, gaps remain. This article breaks down the issue in plain English, offering insights, stats, and practical advice for businesses navigating the tricky tax terrain.
GST Removed From Life And Health Insurance: How Much Will You Actually Save?
The GST Council has scrapped the 18% GST on individual life and health insurance premiums effective September 22, 2025. This means major savings for policyholders—up to ₹7,200 a year on family plans. But there’s a catch: insurers may not pass on the full benefit since they lose input tax credits. Here’s a complete guide to understanding your savings, policy impacts, and practical steps to maximize benefits.
GST Rate Cuts From September 22: Huge Relief For Common Man And Big Boost For Businesses
The GST rate cuts from September 22, 2025, simplify India’s tax system into two primary slabs (5% and 18%) with 40% for luxury items. Essentials like food and insurance are now tax-free, while cars and appliances see lower rates. This reform is projected to boost GDP growth to 6.9% in FY26, create 2 million jobs, and stimulate consumer spending, making GST 2.0 one of India’s most impactful economic shifts.
Noida Man Busted For Rs 10 Crore Fake GST Bills: Here’s How He Got Caught
A Noida man was caught creating fake GST bills worth ₹10 crore ($1.2M) to claim fraudulent tax credits. Former accountant Abhinav Tyagi generated bogus invoices using fake firms but was exposed in an internal audit. He faces prison and heavy fines under Indian law. The case highlights how invoice fraud damages economies worldwide and offers vital lessons for businesses on fraud prevention, compliance, and transparency.
Tata Motors, Mahindra and Other Carmakers Revise Prices After GST Rate Cut
Tata Motors, Mahindra, Toyota, and other automakers have cut prices by ₹65,000 to ₹10 lakh after India’s GST 2.0 reform. Small cars now face 18% GST, larger SUVs 40%, making vehicles significantly more affordable. Analysts expect a 6–10% sales boost this quarter, with families saving big and automakers gaining festive momentum. The reform simplifies taxation, strengthens the industry, and marks 2025 as a landmark year for Indian car buyers.