GST
- 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…
- Photos
Constitution India’s pride; helps shed colonial mindset: Prez Murmu
New Delhi: President Droupadi Murmu on Wednesday asserted that the Constitution is the cornerstone of the nation’s identity as also the guiding document to shun colonial mindset and adopt nationalistic thinking. Addressing…
- Hyderabad
Two held by Cyberabad police in Rs 11.79 crore GST fraud network
Hyderabad: Two persons have been arrested for allegedly being part of an inter-state network that created 10 fake GST-registered firms and fraudulently claimed Rs 11.79 crore Input Tax Credit (ITC), the police…
- Telangana
Telangana’s revenue receipts stand at 43 pc of estimated Rs 2.85 lakh cr after 6 months
Hyderabad: Telangana’s total revenue receipts stood at Rs 1.22 lakh crore at the end of the first six months of the current financial year, representing 42.87 per cent of the projected Rs…
- Business
Andhra records Rs 3,021 cr GST in October, second-highest since 2017: Govt
Amaravati: Andhra Pradesh collected Rs 3,021 crore in net Goods and Services Tax (GST) revenue last month—the second-highest for any October since GST was introduced in 2017, the state’s Commercial Taxes Department…
- India
No GST return filing allowed for dues pending over 3 yrs: GSTN
New Delhi: Businesses will not be able to file GST returns which are due for three years or more beginning the November tax period, GST Network (GSTN) has said. In an advisory,…
