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Sowrya consultancy
Online Food Delivery May Cost More With GST On Delivery Fees

Online Food Delivery May Cost More With GST On Delivery Fees

Zomato and Swiggy users may see higher bills as GST Council now imposes 18% GST on delivery fees. Earlier treated as pass-through, these charges are now taxable under Section 9(5) of the CGST Act. Platforms may either absorb the cost or pass it to customers, potentially affecting demand or profitability.

September 4, 2025 / 05:00 PM IST
Stock Market Close: Indices End Flat,  GST Reforms Support Auto, FMCG

Stock Market Close: Indices End Flat,  GST Reforms Support Auto, FMCG

Sensex rose 150.30 points to close at 80,718.01 after hitting an intraday high of 81,456.67. Nifty gained 19.25 points to end at 24,734.30, after peaking at 24,980.75. Auto and FMCG sectors led gains post-GST reform announcements. However, Nifty Midcap 100 fell 0.67%, and SmallCap 100 declined 0.71%, reflecting broader market weakness.

September 4, 2025 / 03:53 PM IST
GST Hike To Impact Oil And Gas Exploration Costs

GST Hike To Impact Oil And Gas Exploration Costs

The GST Council has raised tax on oil and gas exploration services from 12% to 18%, effective September 22. This will increase production costs, with no input tax credit benefit, hurting margins and potentially stalling projects. Experts warn of reduced competitiveness, especially for coal-bed methane, amid falling global oil prices and weaker upstream returns.

September 4, 2025 / 03:49 PM IST
Good News! No GST On Health & Term Insurance Plans Now

Good News! No GST On Health & Term Insurance Plans Now

The Central government has reduced GST on insurance policies to zero, meeting long-standing public demands to lower it from 18% or 12%. This major reform will benefit policyholders across various categories, including ULIP plans, term plans, health insurance, and general insurance. The move aims to make insurance more affordable to all citizens.

September 4, 2025 / 03:25 PM IST
Fresh GST Rates: List Of Items Taxed At 12% Slab Rate

Fresh GST Rates: List Of Items Taxed At 12% Slab Rate

Here is the full list of items and products, which are taxed at a 12% GST rate across the country. ★Butter, ★Ghee, ★Processed food, ★Almonds, ★Mobiles, ★Fruit Juice, ★Preparations of Vegetables, ★Fruits, ★Nuts or other parts of Plants, including Pickle Murabba, ★Chutney, ★Jam, ★Jelly, ★Packed Coconut Water, ★Umbrella.

September 4, 2025 / 10:35 AM IST
New GST Slabs: List Of Items Taxed At 0% Rate

New GST Slabs: List Of Items Taxed At 0% Rate

Here is the full list of items and products, which are taxed at a 0% GST rate across the country. ★Milk, ★Kajal, ★Eggs, ★Educational Services, ★Curd, ★Lassi, ★Health Services, ★Children’s Books, ★Foodgrains, ★Atta/Maida, ★Paneer, ★Gur, ★Besan, ★Natural Honey, ★Fresh Vegetables, ★Salt, ★Prasad, ★Palmyra Jaggery, ★Phool Bhari Jhadoo.

September 4, 2025 / 09:44 AM IST
OPENING BELL: Sensex Up 560 Points, Nifty At 151 Points

OPENING BELL: Sensex Up 560 Points, Nifty At 151 Points

The Sensex and Nifty opened at fresh record levels in early trade on Thursday, September 4, 2025. The Sensex started trading today at 81127.36, up at 560.18 points or 0.70%, and the Nifty was at 24865.55, up at 151.30 points or 0.62%. Meanwhile, the Indian rupee was trading today at 88.08 against the dollar.

September 4, 2025 / 09:31 AM IST
Alert! Gold Prices Slightly Hiked In Top Cities

Alert! Gold Prices Slightly Hiked In Top Cities

Here are the 24-karat gold prices per 10 grams today in the cities. ★Chennai: ₹1,06,980 ★Mumbai: ₹1,06,980 ★Delhi: ₹1,07,130 ★Kolkata: ₹1,06,980 ★Bangalore: ₹1,06,980 ★HYD: ₹1,06,980 ★Ahmedabad: ₹1,07,030 ★Jaipur: ₹1,07,130 ★Lucknow: ₹1,07,130 ★Vijayawada: ₹1,06,980 ★Nagpur: ₹1,06,980 ★Chandigarh: ₹1,07,130 and ★Bhubaneswar: ₹1,06,980.

September 4, 2025 / 09:22 AM IST
Fresh Diesel Prices: Chandigarh Lowest At 82

Fresh Diesel Prices: Chandigarh Lowest At 82

Here are the diesel prices per liter in top cities. ★ Delhi – ₹87.62, ★ Kolkata – ₹91.82, ★ Mumbai – ₹90.03, ★ Chennai – ₹92.34, ★ Bangalore – ₹88.94, ★ Bhubaneswar – ₹92.62, ★ Chandigarh – ₹82.40, ★ HYD – ₹95.65, ★ Jaipur – ₹90.36, ★ Lucknow – ₹87.76, ★ Patna – ₹92.04, ★ […]

September 4, 2025 / 07:58 AM IST
Fresh Petrol Prices: Chandigarh Least At 94.30

Fresh Petrol Prices: Chandigarh Least At 94.30

Here are the petrol prices per liter today in the top cities in India. ★ Delhi – ₹94.77, ★ Kolkata – ₹105.41, ★ Mumbai – ₹103.50, ★ Chennai – ₹100.80, ★ Bangalore – ₹102.92, ★ Bhubaneswar – ₹100.98, ★ Chandigarh – ₹94.30, ★ Hyderabad – ₹107.46, ★ Jaipur – ₹104.72, ★ Lucknow – ₹94.73, ★ […]

September 4, 2025 / 06:43 AM IST
TCS To Begin Visakhapatnam Operations This September

TCS To Begin Visakhapatnam Operations This September

Tata Consultancy Services (TCS) is expected to launch its Delivery Centre at Rushikonda Hill No. 3, Visakhapatnam, by September 2025. The facility, operating from a rented building, will house 2,000 employees with an initial ₹80 crore investment. Government sources confirm infrastructure and interior works will likely conclude by September 20.

September 4, 2025 / 06:28 AM IST
GST Council Approves Steps To Help Businesses, Cut Tax Rates

GST Council Approves Steps To Help Businesses, Cut Tax Rates

The GST Council has approved major reforms to ease business compliance, like faster registration for MSMEs and automated GST refunds for exporters. It also plans to reduce GST slabs to boost consumption, benefit key sectors, and offset export losses. Some states may oppose due to expected revenue losses of around ₹50,000 crore.

September 3, 2025 / 08:03 PM IST
Gold Prices Hit Record Highs In Dubai and Saudi Arabia

Gold Prices Hit Record Highs In Dubai and Saudi Arabia

Gold prices reached new highs in Dubai and Saudi Arabia, with 24K gold at Dh 426.25 and SAR 438.00 per gram. Global uncertainty and expected U.S. interest rate cuts are driving the surge. Buyers prefer lightweight designs, digital gold, and EMI options to manage rising costs. Experts advise closely watching market trends.

September 3, 2025 / 06:15 PM IST
GST Council May Cut Taxes On Cars And Bikes

GST Council May Cut Taxes On Cars And Bikes

The GST Council may reduce tax on small cars and bikes from 28% to 18%, helping buyers and boosting sales. But luxury electric cars and high-end bikes (above 350cc) may face higher tax. This could hit brands like Tesla and Royal Enfield. The government hopes higher sales will offset revenue loss during the festive season.

September 3, 2025 / 04:01 PM IST
Stock Market Close: Sensex Jumps 410 Points, Nifty At 24,715

Stock Market Close: Sensex Jumps 410 Points, Nifty At 24,715

Stock markets closed higher on Wednesday as metal and pharma stocks rose. Sensex gained 410 points to 80,567, and Nifty rose 134 points to 24,715. Positive GST Council talks and strong August services data boosted sentiment. Tata Steel, Hindalco led gains, while Infosys and Nestle fell. Metal and Pharma sectors outperformed.

September 3, 2025 / 03:52 PM IST