Britannia Industries Ltd’s December quarter (Q3FY26) earnings were largely in line with expectations, with consolidated revenue rising 9.5% year-on-year to ₹Rs 4,885 crore. Growth during the quarter was evenly driven by volumes and realizations, as the company increased grammage for its ₹5 and ₹10 packs following the Goods and Services Tax (GST) rate cut in…
In a bid to cushion the blow following the steep hike in the securities transaction tax (STT) for the futures and options (F&O) market, the Indian government also unveiled a proposal that tweaks the way goods and services tax (GST) applies to intermediary services such as stockbroking. The Finance Bill 2026 seeks to omit clause…
The Maruti Suzuki India Ltd stock has slipped from its 52-week high of ₹17,370 seen earlier this month and fell a further ~3% on Thursday. In the December quarter (Q3FY26), normalized operating margin (adjusted for the one-time labor code impact of ₹594 crore) declined 70 basis points year-on-year to 12.4%. However, this does not fully…
Now new tax will be imposed on products like tobacco and pan masala, which will be on top of the already existing GST. This new tax will replace the compensation cess which will expire from February 1. According to the government notification, 40% GST will be levied on pan masala, cigarettes, tobacco and similar products….
Last year, the government had taken many steps regarding economic reform. Some rules will be implemented this year also. Regarding this, the government has decided to implement new GST rates on tobacco products from February 10. GST will be 18% on beedis and 40% on tobacco products. 18% GST rate will be applied on beedis…
2025 has been a year of economic reform for India. Its results were also visible. Prime Minister Narendra Modi said on Tuesday that India has become the center of global attention because of the innovative spirit of our people. Today the world looks at India with hope and trust. PM Modi has shared an article…
Auto sector outlook 2026: After a strong 2025, the Indian auto sector is entering 2026 on a stronger footing aided by domestic demand after GST rate cuts and favorable policy measures. The Nifty Auto index has already gained 22% so far this year, reflecting optimism around earnings visibility and structural growth drivers. In comparison, the…
Tata Steel Receives GST Notice: Tata Steel Ltd on Friday announced that it has received an order from the CGST and Central Excise Commissioner in Jamshedpur, in which Tata Steel has been directed to pay Rs 493.35 crore as disputed tax and Rs 638.83 crore penalty along with interest. These two notices together amount to…
