The GST portal has revamped GSTR-3B filing to improve interest calculation, ITC usage, and reporting accuracy. Taxpayers must verify auto-filled data to ensure correct compliance.
While foreign investors appear to be net sellers in Indian markets, the data shows a clear shift toward banking stocks. The key takeaway is strategic sectoral rotation, not an exit from India.
Buyers lose ITC under GST if sellers fail to file GSTR-1. Reform urged to shift liability to defaulting sellers and ease compliance burden on purchasers.
