GST & Price Cuts
Tata Motors will be reducing prices by up to ₹1.45 lakh from September 22nd, a direct result of GST 2.0 implementation. This move affects models like Tiago,
Punch, Harrier, and Safari, making them more accessible to Indian consumers. The indirect tax authority will monitor prices after the GST cut.
US Tariffs Impact
Amidst the possibility of 50% US duties on Indian exports, the government is planning a relief package for exporters, as stated by FM Nirmala Sitharaman. This decision arises due to Trump tariffs potentially impacting India-US trade relations. This demonstrates the Indian government's efforts to protect exporters.
Market and Stocks
The Netweb Tech stock has seen a sharp rise of 40% in just five sessions, which is its biggest surge since its listing. Keeping an eye on the stock market is key, and the article also offers how to navigate the current hot market. Additionally, the focus remains on keeping retirement dreams safe.
Tax Filing Errors
The article offers insight into common mistakes taxpayers often make while filing ITR and how to avoid them. With the deadline approaching, many Indians are preparing to file their taxes, so the article offers guidance to help people navigate the system and reduce complications.
Other Business News
Stellantis officials expect to see pent-up demand over the next two months as tax rationalization is implemented. Also, Vedanta Group wins a bid over Adani with a ₹17,000 crore offer for Jaiprakash Associates acquisition. Overall, this section provides an overview of significant business deals and market forecasts.
