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GST 2.0 to fillip demand, free up working capital, say CFOs| Focus will be on to ensure rates cuts are passed to common people: FM
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ETCFO Newsletter | Saturday, September 6, 2025

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The rate rationalisation has eased working capital pressures by aligning input and output tax rates, and paving the way for quicker provisional refund...
Terming the GST reforms as a "big vigilance" exercise, the Union Minister mentioned that the government has a lot of work after September 22 and expre...
US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases...
RCom is undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The resolution plan was approved by the Com...
Foreign Institutional Investors (FIIs) have aggressively sold off Indian financial and IT stocks, withdrawing over Rs 60,000 crore in two months due t...
 
Automation and Innovation
Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train its artificial intelligence m...
 
Policy & Macro
Indian stock indices closed slightly higher on Thursday. Early gains, driven by GST changes, faded as investors booked profits. Consumer goods and aut...
Peter Navarro, trade advisor to Donald Trump, is stirring controversy by supporting tariffs on foreign remote workers, potentially impacting India's I...
Charlie Kirk's recent remarks against providing more US visas for Indian professionals have sparked controversy, raising concerns about the potential ...
After incendiary remarks strained ties with India, President Trump attempted damage control, affirming the "special relationship" despite disappointme...
Analysts attributed the surge to a mix of factors: a major refinery's surprise decision to advance maintenance, expected winter demand and looming EU...
 
Governance, Risk & Compliance
Ola Electric Technologies, the operating subsidiary of Ola Electric Mobility, is seen as having the deficiency. The material weakness in interna...
The European Commission has fined Google 2.95 billion euros for anti-competitive practices in its adtech business, marking the company's fourth EU ant...
Sebi has introduced a streamlined process for Know Your Client (KYC) Registration Agencies (KRAs) to surrender their registration, ensuring orderly wi...
The Securities and Exchange Board of India (Sebi) alerts investors about scams. Fraudsters are using Sebi's name to send fake messages. They demand mo...
 
Accounting, Legal & Tax
Digital payment and consumer lending startups anticipate a boost in transactions this festive season following the government's GST cuts on key consum...
Zomato and Swiggy are set to face an additional GST burden of Rs 180-200 crore annually following a GST Council clarification. The companies intend to...
SBI's research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting with the go...
 
Corporate
Company says Bank of Baroda's fraud classification of RCom and Anil Ambani loans is unrelated to its operations or finances and has no stakeholder im...
As per Data Center Dynamics, the latest round of layoffs has extended beyond the Oracle Cloud Infrastructure (OCI) teams. This is the same team that w...
Vedanta Group has emerged as the winning bidder for the debt-ridden Jaiprakash Associates (JAL), surpassing Adani Group with a Rs 17,000 crore offer. ...
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This cont...