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GST Made Simpler For Small Entrepreneurs In India

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GST Made Simpler For Small Entrepreneurs In India,Startup Stories,Small Entrepreneurs In India,GST Council Meet,GST Rollout,Finance Minister Arun Jaitley,Changes To GST for Small Entrepreneurs,Prime Minister Narendra Modi About GST Rates

Three months after the rollout of the  Goods and Services Tax (GST,) the Government announced the GST taxation policies will be revamped to make the process a less painful exercise. The renewed indirect tax regime will help ease the concerns of traders, exporters and small businesses in India.

At the 22nd meeting, the council consisting of all the finance ministers of all the states, announced a slew of new measures to reduce the burden and stress the implementation of the GST has brought to exporters and small businesses. In accordance with the new measures, businesses with an annual turnover of up to Rs. 1.5 crores would be allowed to file quarterly income returns instead of the current provision of monthly filings. This switch over to quarterly filings from monthly fillings will kick off from October 1. However, all the businesses will have to file monthly returns for the July – September period.

The limit for the composition scheme was also been increased to Rs. 1 crore from Rs. 75 lakhs to help the trade and industry sector adjust to the GST compliance. Under the composition scheme, businesses trading in goods have to file 1% tax, while manufacturers and suppliers of food or drinks file a 2% and a 5% tax respectively.

According to Prime Minister Narendra Modi, the changes in the taxation system are in line with the government’s constant endeavor to safeguard the citizens’ interests and ensure a growth in the Indian economy. Speaking about the changes, Finance Minister Arun Jaitley said, “ After almost three months since GST rollout, it is time to deliberate on its effect on various trades and the transition.” PM Modi had indicated earlier this week that the Government was ready to push for relief measures to reduce the problems faced by small businesses and other sections of the economy.

Apart from the new relief measures for small businesses entrepreneurs, the Council also decided to cut the GST rates on 27 other items including the food industry, textile industry and exporters of goods and services. In the meanwhile, services like imitation, zari and printing items will be taxed at 5% instead of the 12%, while service providers with revenue of less than Rs. 20 lakhs have been exempted from the list.

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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MapmyIndia Sees 28% Surge in Q4 Profit, Hits INR 49 Cr

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MapmyIndia reported a strong fourth quarter for FY25, with consolidated net profit rising 28% year-on-year to INR 49 crore, up from INR 38.3 crore in Q4 FY24. Revenue from operations jumped 34% to INR 143.6 crore, while total income climbed 40% to INR 166.8 crore. EBITDA surged 47% to INR 58 crore, and the EBITDA margin expanded to 40% from 37% a year ago.

The Consumer Technology & Enterprise Digital Transformation (C&E) segment led growth, with revenue up 60% to INR 88.1 crore, while the Automotive & Mobility Technology (A&M) segment rose 7% to INR 55.4 crore. The company’s map-led business maintained strong EBITDA margins at 47%, and IoT-led margins improved to 14% in FY25 from 12% last year, reflecting a shift toward SaaS revenue.

For the full year, net profit increased 10% to INR 147.6 crore, and operating revenue grew 22% to INR 463.3 crore. The order book at year-end stood at INR 1,500 crore, up 10% year-on-year, supporting the company’s target to surpass INR 1,000 crore in revenue by FY28.

MapmyIndia also announced the renaming of its subsidiary Vidteq to Mappls DT, focusing on digital transformation and defence tech, led by former CEO Rohan Verma. The company declared a final dividend of INR 3.50 per share for FY25, and its shares closed 1.54% higher following the results.

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