Daily Republic News
- Business
- January 1, 2026
Vodafone Idea Receives INR 638 Crore GST Penalty Orders; Telecom Firm Plans Legal Challenge
Vodafone Idea Ltd has received goods and services tax (GST) penalty orders amounting to INR 638 crore, according to regulatory disclosures made by the company. The telecom operator said it plans to challenge the orders through appropriate legal action.Penalty Orders Issued by Tax Read More
- Business
- January 1, 2026
Money Rules For 2026: Changes That Will Affect Your Wallet From January 2026
A set of important financial norms and tax provisions comes into effect from January 1, 2026. These changes will affect how individuals report income, pay taxes, and undertake certain financial transactions.1. PAN–Aadhaar Linkage Becomes MandatoryTax rules require that every Perm Read More
- Business
- January 1, 2026
ISMA Says GST Rationalisation on Flex-Fuel Vehicles, Crucial for Ethanol Ecosystem
GST on Flex Fuel Vehicles: The GST rationalisation on flex-fuel vehicles and higher ethanol blends should be addressed to in the upcoming Union Budget to support clean mobility and stabilise the ethanol ecosystem, said Deepak Ballani, Director General, Indian Sugar and Bio-energy Read More
- Business
- January 1, 2026
List of Items Likely to Get Costlier From February 1 Due to New Tax and Cess
A new tax framework notified by the government will come into force from February 1, leading to higher prices for select products. The changes involve the withdrawal of the GST compensation cess and the introduction of additional excise duty and new cess levies on specific catego Read More
- Business
- January 1, 2026
Missed PAN-Aadhaar Link Deadline? Here’s What Changes From January 1, 2026
Individuals who failed to link their Permanent Account Number (PAN) with Aadhaar by the December 31, 2025 deadline will face operational restrictions from January 1, 2026, as per Income Tax Department rules.PAN Becomes InoperativeFrom January 1, PANs that are not linked with Aadh Read More
- Business
- January 1, 2026
Day After AGR Setback, Vodafone Idea Shares Rise Over 5%; What Changed Overnight?
Shares of Vodafone Idea Ltd rose over 5% in early trade on Thursday, staging a rebound a day after the stock came under heavy pressure following developments related to the company’s adjusted gross revenue (AGR) liabilities.The recovery came after investors digested fresh disclos Read More
- Business
- January 1, 2026
ITC Under Pressure After Fresh Excise Duty Hikes
Shares of ITC Ltd fell sharply on Thursday, slipping to their lowest level in around 33 months, after the central government announced a fresh excise duty on cigarettes. The stock declined over 4% during intraday trade, making it one of the top laggards on benchmark indices.The f Read More
- Business
- January 1, 2026
Nifty, Sensex Welcome 2026 With Marginal Gains, Session To Remain Muted Amid Global Holiday
Mumbai: The domestic benchmark indices began the first trading session of 2026 with marginal gains on Thursday, supported mainly by domestic investors, as most global markets remained shut for the New Year’s holiday.The Nifty 50 index opened at 26,173.30, gaining 43.70 points or Read More
- Business
- December 31, 2025
Indian Economy In 2025: A Year Of Big Bang Tax-GST Reforms, Trade Deals and Tariff Wars
The year 2025 marked a significant phase for India’s business and economic landscape, shaped by new trade agreements, record highs in equity and commodity markets, tax reforms, and continued global positioning as the fastest-growing major economy amid global uncertainty.From inte Read More
- Business
- December 31, 2025
Cabinet Freezes Vodafone Idea AGR Dues of ₹87,695 Crore: Govt Sources
The Union Cabinet has approved the rescheduling of Adjusted Gross Revenue (AGR) dues amounting to ₹87,695 crore payable by Vodafone Idea Limited (VIL), citing public interest, the need to avoid excessive concentration in the telecom sector, and the interest of nearly 20 crore con Read More
