489 Fake GST IDs Found, Rs 3,000 Crore Tax Evasion
Government uncovers 489 bogus GST registrations using forged IDs, evading Rs 3,000 crore. Data analytics drive intensifies against tax fraud networks. Read the full report.
Government uncovers 489 bogus GST registrations using forged IDs, evading Rs 3,000 crore. Data analytics drive intensifies against tax fraud networks. Read the full report.
Government detects 489 fake GST registrations using forged PAN & Aadhaar, leading to ₹3,000+ crore tax evasion. Learn about the crackdown and new safety measures.
Karnataka government experts counter public concerns, stating ethanol-blended petrol does not reduce vehicle efficiency or mileage. Learn the facts about E20 fuel compatibility.
Jagadguru Nirmalananda Swami inaugurated a bioenergy demo stall at Krisha Mela 2025. The event highlighted Mandya's historic biofuel role and India's 20% ethanol blending target. Read more.
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
A 27-year-old accountant from Bihar was arrested in Noida for generating fake invoices worth Rs 11 crore and fraudulently claiming Rs 2 crore in GST refunds. Read the full investigation details.
Toyota urges India to incentivize ethanol-powered flex-fuel hybrids, arguing they are cleaner than EVs in a full lifecycle analysis. The push is backed by the sugar industry.
Toyota's India head calls for tax breaks and cheaper pricing for flex fuel vehicles, arguing they are the next logical step after E20, not higher ethanol blends. Learn about the challenges and the proposed roadmap.
India achieves 20% ethanol blending in petrol. ISMA now advocates for exports and a 30% blending target. Explore the industry's push for new markets.
BCL Industries board approves sale of Bathinda land and acquisition of remaining 25% stake in Svaksha Distillery. The move aims to consolidate its ethanol business. Stock gave 350% returns in 5 years.
More than 40 induction furnace industrialists in Ludhiana receive GST notices for alleged bogus billing. The industry association plans to challenge the move, citing procedural flaws.
The Indian government has clarified that E20 fuel does not compromise vehicle durability or efficiency, addressing public concerns. Learn the facts about ethanol blending.
Andhra Pradesh sees a 4.6% drop in net GST collections for November 2025 following GST 2.0 rate cuts. Chief Commissioner Babu Ahmed cites lower yields despite volume growth. Read the full analysis.
Rajya Sabha returned the Manipur GST bill to Lok Sabha, with Finance Minister Nirmala Sitharaman highlighting its benefits. The opposition staged a walkout during the discussion.
Chandigarh's GST revenue grew 6% to Rs 243 crore in November 2025 compared to last year. However, October saw a 4% dip. Explore the city's tax collection trends and economic implications.
India's November GST collections fell to ₹1.7 trillion, raising questions on the stimulus effect of recent rate cuts. Read our analysis on the revenue trend and what it means for the economy.
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Deputy CM Ajit Pawar reveals Maharashtra suffered Rs 10,000-12,000 crore revenue loss due to PM Modi's GST rate cuts but supported the pro-poor move. Details on state's financial strategy inside.
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
India's sugar industry faces a critical funds blockage due to high closing stocks. NFCSF urges higher MSP, export quotas & ethanol price revision to avert crisis. Read full analysis.
Lok Sabha passed the Manipur GST Bill and introduced new cess bills on tobacco products. The session faced adjournments due to opposition protests demanding discussion on electoral roll revision.
Finance Minister Nirmala Sitharaman tables the Manipur GST (Second Amendment) Bill, 2025, to replace the ordinance promulgated on October 7. Get the latest details on the parliamentary move.
India's GST revenue grew at a slower pace of 0.7% to Rs 1.70 lakh crore in November. Domestic transactions and services imports show mixed trends. Read the full analysis.
India's gross GST revenue rose to ₹1.7 trillion in November 2025, marking a 0.7% year-on-year increase, driven by lower tax rates. Get the latest economic updates and analysis.
Finance Minister Nirmala Sitharaman introduces the Manipur GST (Second Amendment) Bill, 2025, in Parliament to replace the October ordinance. Key legislative move for state taxation.
Lok Sabha approves Manipur GST Amendment Bill 2025, replacing the October ordinance. The move aligns state law with the new 5% and 18% tax slabs set by the GST Council. Read the full details.
Ahmedabad DGGI uncovers massive Rs 800 crore fake GST invoicing network across 3 cases. Four key conspirators arrested in major crackdown on economic fraud. Read the full investigation details.
Malbros International faces NGT challenge over fuel-ethanol production clearance. PAC alleges environmental violations at Bathinda plant. Key hearing scheduled for January 2026.
GST Council addresses inverted duty anomalies affecting industries like textiles and railways. Learn how this impacts businesses and the economy. Read more about GST reforms.
SBI's Soumya Kanti Ghosh reveals India's GST collections could double to Rs 4-5 lakh crore monthly by closing tax loopholes. Discover the growth trajectory and future projections.