GST rate cut impact: Amul lowers prices of range of items; ghee cheaper by Rs 40 – check list

Amul’s parent company, Gujarat Cooperative Milk Marketing Federation (GCMMF), on Saturday announced reducing the retail prices of more than 700 product packs, passing the benefits of recent GST reforms to consumers. The price reduction covers a wide range of products, including ghee, butter, ice cream, bakery items, and frozen snacks, with the new prices taking…

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‘Humanitarian consequences’: India reacts to US H-1B visa fee hike; maps way forward

NEW DELHI: The government on Saturday expressed concern over reports of proposed restrictions to the US H-1B visa program, emphasising the potential implications for skilled talent mobility and bilateral ties.In a statement, the official spokesperson said the government is studying the full impact of the measure, noting that Indian industry has already released an initial…

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H-1B visa fee hike: Indian tech firms could face disruption; ‘timeline for implementation is a concern’ says NASSCOM

Industry body Nasscom on Saturday raised concerns over the US administration’s decision to increase the H-1B visa fee to $100,000, saying that it could disrupt Indian technology services companies and their onshore projects.The organisation also criticised the tight September 21 implementation date, warning that a one-day deadline creates “considerable uncertainty for businesses, professionals, and students…

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GST consumer support: INGRAM portal adds dedicated category ahead of rollout; complaints to be tracked efficiently

The ministry of consumer affairs, food & public distribution has activated a dedicated GST category on the INGRAM portal to address consumer queries and complaints related to the revised GST charges, rates, and exemptions effective from September 22, 2025.The move aligns the National Consumer Helpline (NCH) with the Next-Gen GST Reforms 2025, approved during the…

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India eyes its own Big Four! PMO to review regulatory changes on September 23; domestic audit firms aim to scale globally

File photo: PM Modi (Picture credit: ANI) The Prime Minister’s Office (PMO) will hold a meeting on September 23 to discuss regulatory changes and other measures aimed at enabling domestic audit and consultancy firms to scale up to compete with the Big Four globally, people familiar with the matter said. According to ET, the meeting…

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Mumbai-Ahmedabad bullet train: India’s first high-speed rail project achieves key milestone; E10 Shinkansen set for 2027 launch

NEW DELHI: Union railway minister Ashwini Vaishnaw on Saturday announced a major milestone in India’s first bullet train project, the Mumbai-Ahmedabad high-speed rail corridor. He said that out of the 508 km stretch, 320 km of viaduct has already been completed.According to Vaishnaw, the first section of the bullet train, the 50 km Surat-Billimora stretch…

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India Wealth Report 2025: Maharashtra leads with 1.78 lakh millionaires; Mumbai tops as ‘Millionaire Capital’

Maharashtra has emerged as the leading hub of wealth creation in India, with 1,78,600 millionaire households, marking a 194 per cent increase since 2021, according to the Mercedes-Benz Hurun India Wealth Report 2025. The state’s growth is strongly supported by a 55 per cent surge in its Gross State Domestic Product (GSDP) since 2020-21, with…

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Trump hikes H-1B visa fee to $100,000! How much does it cost right now & how will Indian IT companies, tech employees be hit? Explained

H-B visa fee hike: This decision could notably affect Indian IT professionals and workers in the United States. H-B visa fee hiked! The Donald Trump administration sent shockwaves across the technology sector – particularly Indian IT, by substantially hiking the fee for H-1B visas. The revised regulations mandate organisations recruiting foreign professionals on H-1B visas…

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Slower tax refunds after ITR filing? Income Tax Department detects false exemption claims of Rs 700 crore; majority under old regime

ITR filing FY 2024-25: The tax authorities have identified many instances of false exemption claims submitted by taxpayers. (AI image) ITR filing FY 2024-25: The Income Tax Department is cracking down on false tax exemptions being claimed by people in their Income Tax Returns. Most of these exemptions, under the old income tax regime, are…

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PSB credit growth: Public lenders outpace private peers for first time since 2010; asset quality gap narrows

Public sector banks (PSBs) have registered their strongest advance growth since 2010, surpassing private lenders for the first time in over a decade. According to a Systematix Group report cited by news agency ANI, PSBs reported 12.2% year-on-year growth in advances in FY25, compared to 9.5% by private sector banks (PVBs).The report noted that PSBs…

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