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healthcare, education, financial services, passenger transport, GST, Industry

Businesses fear input tax credits pile-up; litigation may rise, say analysts

GST 2.0 brings tax relief on essentials and medicines, but businesses face rising costs due to input tax credit (ITC)…

By FE Bureau

Business

Updated: September 8, 2025 22:28 IST

Foreign portfolio investors, BSE, market, Tata Motors, M&M, Maruti Suzuki, Adani Ports, Tata Steel

Markets erase early gains on profit booking

Sensex closed 76 points higher and Nifty up 32 on Monday as late profit booking trimmed early gains. Auto stocks…

By Kishor Kadam

Market

September 8, 2025 21:57 IST

asia cup, asia cup 2025, asia cup news, india, pakistan, oman, hong kong, uae

Oman, Hong Kong and UAE – All about three lesser known Asia Cup 2025 teams

The tournament will initially be played at group stage with eight teams divided in two groups – each of four.…

By Ajay kumar

Sports

Updated: September 8, 2025 21:56 IST

‘This policy makes no sense’: American citizen calls out H-1B visa system after Indian professional forced to return home

Nathan Platter, a data scientist from Minneapolis, shared on LinkedIn how his close friend, an Indian professional, was forced to…

By Shubham Chhabra

Business

September 8, 2025 21:35 IST

Ujjivan Small Finance Bank, microfinance, MSME, banking

Ujjivan SFB plans to raise Rs 2,000 cr via QIP in 18-24 months

Ujjivan Small Finance Bank plans to raise Rs 2,000 crore via QIP in 18–24 months to support growth. The lender…

By Kshipra Petkar

Banking & Finance

September 8, 2025 21:29 IST

‘Gonna punch your face, beat you’: Bessent threatens aide for talking to Trump about him

The explosive-laden diatribe came during an otherwise cheerful occasion last week as close advisers attended a private dinner.

By Anwesha Mitra

US News

September 8, 2025 21:27 IST

3 Buy recommendation by Jefferies with upto 27% upside potential

Discover Jefferies’ top 3 Buy picks with up to 27% upside. Check detailed analysis and target price for these three…

By FE Business

Market

Updated: September 8, 2025 21:35 IST

Croma, Vijay Sales, Kohinoor, Reliance Digital, industry, GST

Empty high streets wait for GST blitz

High streets and malls remain empty as shoppers delay purchases during Shraadh and await GST cuts on durables. Retailers expect…

By Viveat Susan Pinto

Business

September 8, 2025 21:17 IST

icc t20, asia cup, asia cup 2025, asia cup news, icc cricket tournament, surya kumar yadav, asia cup news

Asia Cup 2025: Virender Sehwag, Sunil Gavaskar among others part of tournament’s commentary panel

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By Ajay kumar

Sports

September 8, 2025 20:52 IST

oil prices, crude oil, crude, Brent Crude Oil, economy, crude oil price

Crude oil prices seen in $60–70 range in 2025, may fall further by year-end

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By Arunima Bharadwaj

Economy

September 8, 2025 20:47 IST

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GST 2.0 | Business fret over likely ITC pile-up; litigation may rise, say analysts

Business6 min ago

The reduction of GST rates for certain products may increase costs for businesses due to the inability to offset input taxes. While food items, lifesaving drugs, and education supplies have decreased tax rates, the inability to claim input tax credits could lead to hidden inflation and higher costs for consumers. This structural issue must be addressed in GST reforms.

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