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Economy

Small Businesses to Get Simplified GST Registration Nationwide

The GST Council is expected to approve a proposal allowing small businesses to sell their produce nationwide on an e-commerce operator with a single registered address. The scheme will be optional and available to suppliers with a monthly GST liability of ₹2.50 lakh or less, requiring physical verification and biometric authentication. The simplified registration will be limited to e-commerce supplies only, with e-commerce operators responsible for providing information to tax authorities.

1 min read•5 Oct 2026•Source: thehindubusinessline.com

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PhysicsWallah to Sell Majority Stake in FinZ Finance to NBFC

Economy

4:51 PM

PhysicsWallah to Sell Majority Stake in FinZ Finance to NBFC

PhysicsWallah is selling a ₹95.79 crore loan portfolio to RBI-registered NBFC Auxilo Finserve, marking a shift in its lending strategy. The move comes after investors raised concerns about capital requirements and risks associated with FinZ Finance's lending business. This sale will allow PhysicsWallah to focus on its core business.

1 min read•5 Oct 2026•Source: thehindubusinessline.com

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India Launches Project Jagrook to Boost Investor Education

Economy

4:52 PM

India Launches Project Jagrook to Boost Investor Education

The Securities and Exchange Board of India has launched Project Jagrook to improve investor awareness and education. The initiative aims to bridge the gap between market understanding and actual involvement, targeting households with only 9.5% of those aware of securities products actively engaged. The project seeks to increase financial literacy and promote informed investment decisions among Indian citizens.

1 min read•5 Oct 2026•Source: economictimes.indiatimes.com

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