The Indian auto sector enters 2026 with strong momentum. GST cuts, rural recovery, and infrastructure spending drive growth across PVs, two-wheelers, and CVs. See expert picks and investment strategy.
Centre tells Delhi High Court that directing a GST cut on air purifiers would breach separation of powers. Hearing on PIL seeking reduction from 18% to 5% adjourned to Jan 9.
Punjab's tax department imposes a penalty of over Rs 13 lakh on IndiGo for GST-related discrepancies for FY 2021-22. Details on the penalty and airline's response inside.
The Central government has opposed a plea to reduce GST on air purifiers, arguing it's a 'calculated' move. The Delhi High Court will hear the matter next in February 2026.
The Centre has deferred lowering GST on air purifiers, citing a detailed statutory process. The Delhi High Court, however, questioned the high cost and highlighted nationwide public health implications of air pollution.
The Centre told Delhi High Court it cannot order a GST reduction on air purifiers, warning judicial intervention would breach the Constitution's basic structure. The next hearing is on January 9.
The Centre tells Delhi High Court that reducing GST on air purifiers could open a 'Pandora's box' of demands. What does this mean for consumers and manufacturers? Read the full analysis.
Amit Mitra, advisor to CM Mamata Banerjee, says GST has lost its purpose, strangling MSMEs with complexity. He reveals 955 notifications and a ₹2 lakh crore bleed. Read the full critique.
BJP Punjab general secretary Anil Sarin alleges AAP government created an atmosphere of fear and loot in Punjab under GST. Claims of 16% revenue rise are deceptive, he says. Read the full details.
Delhi High Court criticizes Centre for 18% GST on air purifiers during severe pollution, calls it a 'health emergency'. Court directs GST Council to meet urgently. Read more.
A Bengaluru family was scammed via a 'note-swapping' trick by an auto-rickshaw driver early Sunday. The incident highlights safety concerns for night travellers. Read the full story.
Despite a 17% sales surge, auto dealers face profit squeeze and investor flight due to unresolved GST compensation cess. Supreme Court case looms. Read the full analysis.
Mahindra & Mahindra's board will meet on February 11, 2026, to approve Q3 FY26 results. Investors await insights on post-GST cut performance and festive demand. Details inside.
Delhi High Court directs GST Council to urgently reconsider 18% tax on air purifiers, calling them a necessity in the city's severe pollution emergency. Read the full story.
Delhi High Court directs GST Council to urgently consider lowering GST on air purifiers from 18% to 5%, highlighting severe health risks from breathing polluted air 21,000 times a day.
Delhi High Court directs GST Council to urgently meet and consider reducing GST rates on air purifiers as city battles hazardous air pollution levels. Read the latest developments.
JBM Auto share price surged nearly 12% on the BSE, hitting an intraday high of ₹645. Get the latest updates and analysis on this auto component stock's sharp rally.
A new report highlights how the GST 2.0 reforms were pivotal in driving domestic consumption and economic expansion in 2025. Discover the key findings and future roadmap.
Nagpur police book three for allegedly defrauding govt of ₹25 lakh via fraudulent GST input tax credit claims using fake documents. Details of the case under BNS & MGST Act inside.
Learn how to verify a GSTIN in India to prevent fraudulent payments and loss of Input Tax Credit. Follow our simple guide using official government portals.
Thane police register a case against four individuals for allegedly creating eight fake GST firms and fraudulently claiming over Rs 22 crore in input tax credit. No arrests made yet. Details inside.
Tax professionals in Madhya Pradesh seek a 3-month extension for GSTR-9 & 9C filing for FY 2024-25, citing late form release and technical glitches. Read why they argue it's crucial for compliance.
Eureka Forbes SmartClean Auto Bin Turbo robotic vacuum cleaner offers 7000Pa suction, auto-empty dock & smart mapping. Priced at Rs 23,999, is it worth it? Read our detailed review.
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Sonepat administration bans diesel auto-rickshaws from January 1, 2025, to curb pollution. Owners must switch to CNG or electric vehicles. Details on the phase-out plan here.
Government uncovers 489 bogus GST registrations using forged IDs, evading Rs 3,000 crore. Data analytics drive intensifies against tax fraud networks. Read the full report.
Government detects 489 fake GST registrations using forged PAN & Aadhaar, leading to ₹3,000+ crore tax evasion. Learn about the crackdown and new safety measures.
Discover two lesser-known Indian auto-ancillary stocks capitalising on the LED lighting revolution in vehicles. Learn why Lumax Industries and Fiem Industries could be smart additions to your watchlist.
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
A 27-year-old accountant from Bihar was arrested in Noida for generating fake invoices worth Rs 11 crore and fraudulently claiming Rs 2 crore in GST refunds. Read the full investigation details.