GST Council may widen ITC on business vehicles, ease interstate checks
Credit could extend to insurance, servicing and repairs, while EVs may get the same tax options as conventional vehicles and interstate goods checks could be reduced
Profit by knowlytics
Credit could extend to insurance, servicing and repairs, while EVs may get the same tax options as conventional vehicles and interstate goods checks could be reduced
ICRA retains its FY27 gross state borrowing estimate at ₹13.4-14 trillion, assuming states broadly adhere to the RBI’s indicative auction calendar for the third quarter
PP Chaudhary provided clarification about the cancelled meeting set between the parliamentary panel and Supreme Court judges. He stated that the Supreme Court had initially scheduled the meeting for October 6 and later cancelled it. Chaudhary emphasized that previous interactions between parliamentary committees and the judiciary are not without precedent. Former Union minister Kapil Sibal…
Somashekhar, a deputy inspector general of Karnataka Prisons, was arrested for serious corruption allegations. The officer was involved in the illegal release of a murderer using forged Supreme Court documents. Additional accusations include sexually exploiting the convict’s wife and granting unlawful paroles. He allegedly bypassed prison protocols to favor the convict, which violated established regulations….
Indian wrestlers shone at the Asian Games, clinching six medals and aiming for Olympic success. A standout performance saw Aman Sehrawat and Sujeet Kalkal grab gold in their categories. Nitesh Siwach made a triumphant comeback with silver, while Deepak Punia took bronze in a new weight class. Antim Panghal secured silver, showing improvement, and Sunil…
Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-September window of 2026. This reflects an 8 percent year-over-year growth. In the third quarter alone, sales rose to 5,422 vehicles, representing a 6 percent increase from 2025. The brand’s success is driven by strong demand…
The Supreme Court granted Tata Chemicals relief from coercive actions while reviewing a Gujarat High Court verdict. Senior advocate Abhishek Singhvi represented Tata Chemicals, emphasizing environmental degradation and encroachment issues. The high court previously dismissed the company’s plea concerning government land used for wastewater discharge. Furthermore, the Gujarat Pollution Control Board has been tasked with…
New Delhi-Chandigarh Shatabdi Express was recently involved in a cattle run-over incident between Rathdhana and Sonipat in the Northern Railway zone when the loco pilot tried to stop the train using emergency brakes.
Karnataka Chief Minister D K Shivakumar has directed the introduction of Artificial Intelligence training in government schools beginning from Class 6. The initiative aims to prepare students effectively for future job markets and technological advancements. Google has shown interest in providing AI training, with plans to consider existing programs in Telangana. Additionally, the Chief Minister…
10-foot-long king cobra rescued from Paonta Sahib house, released in forest