GST
- Andhra Pradesh
Andhra posts highest Jan GST collections, outpaces national growth
Vijayawada: Andhra Pradesh recorded its highest-ever January GST collections since the rollout of the tax in 2017, with net GST revenue rising 6.72 per cent year-on-year to Rs 3,073 crore in January…
- India
‘Reform Express’ is on its way, says FM
New Delhi: Finance Minister Nirmala Sitharaman on Sunday, February 1, said the “Reform Express” is on its way and the government will keep the momentum. “Our Kartavya is to ensure every family,…
- Top Stories
India’s economic foundation growing stronger: President Murmu
President Droupadi Murmu on Wednesday, January 28, addressed the joint sitting of both Houses of Parliament, signalling the start of the Budget Session, where she said that the country’s economic foundation has…
- India
GST officer resigns in support of Yogi over Shankaracharya issue
Ayodhya (UP): GST Deputy Commissioner Prashant Kumar Singh on Tuesday, January 27, resigned in protest against Shankaracharya Avimukteshwaranand’s “objectionable” remarks against Uttar Pradesh Chief Minister Yogi Adityanath. Singh said he was deeply…
- India
Explainer: Simplified Income Tax Act, 2025, to come into force from April 1
New Delhi: Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be…
- India
EV penetration in luxury car segment dips in GST 2.0 era
New Delhi: Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering…
- India
Cigarettes, pan masalas to cost more across India after Feb 1
New Delhi: The government has notified February 1 as the date from which additional excise duty on tobacco products, and a health cess on pan masala will be levied, replacing the existing…
- Delhi
HC asks Centre to file reply on plea to reduce GST on air purifiers in Delhi
New Delhi: The Delhi High Court on Friday directed the Centre to file a detailed response to a petition seeking lowering of goods and services tax on air purifiers in view of…
- Technology
GST reforms and RDI scheme mark 2025 as turning point for pharma
New Delhi: With GST reforms and Research Development Incentive (RDI) Scheme, the year 2025 has been a crucial turning point for Indian pharma, said industry experts on Thursday, while highlighting innovation and…
- Business
India revamps tax regime in 2025, new I-T Act to take effect from April 1
New Delhi: India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to…
- India
Reduce GST on air purifiers or provide clean air, Delhi HC tells govt
New Delhi: The Delhi High Court on Wednesday expressed displeasure over the authorities doing nothing to grant exemption from taxes on air purifiers in this “emergency situation” when the air quality index…
- India
Fraudulent GST registrations resulted in tax evasion of Rs 3,000 Cr: Minister
New Delhi: The government has detected 489 fraudulent GST registrations till October involving forged PAN and Aadhaar, and resulting in tax evasion of over Rs 3,000 crore, Parliament was informed on Monday.…
- Business
GST collections slip on rate cuts to Rs 1.7 lakh cr in November
New Delhi: India’s Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered…
- Business
RBI may cut interest rate by 25 bps on Friday
Mumbai: The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely…
- News
Indian economy remains world’s fastest growing despite US tariffs
New Delhi: India’s economy grew at a higher-than-expected 8.2 per cent – the fastest pace in six quarters – in July-September, as front-loading of production ahead of GST rates cut boosted consumption…
