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Fixing inverted duty mess is next on GST agenda

Mint Ahmedabad

|

November 25, 2025

before February, when ministers review the revenue implications of the latest reforms.

Fresh recommendations on addressing inverted duties may also figure at the meeting.

“Service segments with high value addition or wider public relevance such as goods transport, concessional-rate job-work services and passenger transport, should also be considered for review by the fitment process,” said Amit Maheshwari, tax partner at AKM Global, a tax and consulting firm.

WEITERE GESCHICHTEN VON Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

No selloff, SAIL unit to get cash infusion

The Union steel ministry is preparing to infuse more than ₹400 crore into Salem Steel Plant, the stainless-steel unit of the Steel Authority of India Ltd (SAIL), marking a sharp policy turn from its earlier intent to privatize the loss-making mill, according to two senior ministry officials.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Lord’s Mark Industries Ltd. acquires Renalyx, redefining the future of dialysis

Lord’s Mark Industries Ltd., a diversified healthcare and technology-led group, announced the acquisition of an 85% stake in Renalyx Health Systems Private Limited—the Bengaluru-based, med-tech innovator behind India’s first fully indigenous, Al and cloud-enabled smart hemodialysis machine.

time to read

1 mins

November 26, 2025

Mint Ahmedabad

Eris completes Swiss Parenterals buyout

The deal will be executed via preferential share-swap to seller Naishadh Shah.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

How to get ultimate control over your inbox

Email overload isn't a discipline problem, it's a workflow problem. With the right rules, filters and automation, your inbox can be tamed

time to read

4 mins

November 26, 2025

Mint Ahmedabad

India’s oil binge to end in Dec as sanctions bite Russia

US targeted top Russian producers Rosneft and Lukoil in recent round of sanctions. AP

time to read

1 mins

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

Apple iPhone 17 vs Google Pixel 10: a ₹80,000 close call

In a face-off between the iPhone 17 and Google Pixel 10, find out which flagship phone deserves your investment

time to read

3 mins

November 26, 2025

Mint Ahmedabad

Volcanic ash disrupts flights ops

Ash clouds from volcanic eruption in Ethiopia reached parts of India on Tuesday affecting flight operations but it had no impact on the weather or air quality, according to government agencies.

time to read

1 min

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

How EVs came to dominate 3-W market

Of the 1.1 million three-wheelers sold in India this calender year (as of 24 November), more than 687,000, or about 60%, were electric vehicles (EVs), compared with a measly 4.1% for cars and 6.2% for two-wheelers, government data showed.

time to read

2 mins

November 26, 2025

Mint Ahmedabad

Let ‘nowcasts’ precede our economic numbers

‘Nowcasting’ that captures data from early indicators could aid policymaking, especially in the face of high economic uncertainty. But it must supplement existing data, not supplant it

time to read

2 mins

November 26, 2025

Mint Ahmedabad

Mint Ahmedabad

GDP growth likely at 7.2% in Q2: Mint poll

Slow growth in government capital expenditure compared to the previous quarter (31% vs 52%) may weigh on growth, Aditi Nayar, chief economist at Icra, said in areport.

time to read

1 min

November 26, 2025

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