The 56th GST Council meeting has cleared one of the most significant overhauls of India’s indirect tax system since GST’s launch in 2017. The Council has approved a two-slab structure—5% and 18%, replacing the earlier four-tiered system of 5%, 12%, 18%, and 28%. The changes will be implemented from September 22, 2025, just ahead of…
The Indian equity market is set for a positive opening on Thursday, with GIFT Nifty futures indicating a 148-point rise in Nifty50. Investor sentiment is buoyed after the 56th GST Council meeting on Wednesday approved a sweeping overhaul of the tax structure, reducing slabs from four to two (5% and 18%), effective September 22. The…
Ola Electric’s stock staged a strong comeback this week, surging 23% in three consecutive sessions, including a sharp 15% rally on August 20. The rebound comes after months of weak performance, with the stock down nearly 63% over the past year. Market experts attribute the latest momentum to heavy trading volumes, upbeat announcements during Ola’s…