GST Mop-Up Moderates in Nov After Rate Rationalisation
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.
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.
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.
Bangalore Development Authority plans to empanel law firms to handle over 3,500 pending cases delaying key projects. New initiative aims to expedite legal processes.
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.
Seven of India's top 10 companies saw massive market cap surge of Rs 1.28 lakh crore last week. Reliance Industries and Bharti Airtel emerged as biggest gainers in stellar market performance.
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.
Global capability centers in India are cutting routine hiring due to automation and weak IT demand, squeezing revenues at major staffing firms while specialized roles see growth.
Enforcement Directorate investigation reveals gaming promoters using cryptocurrency wallets for money laundering. Search operations uncover digital financial crimes.
CBIC Chairman Sanjay Kumar Agarwal inaugurates innovative GST Customs Pavilion at 44th India International Trade Fair, showcasing digital transformation in tax administration. Discover the future of taxation!
Indian government considers accelerating DPDP Act compliance for major corporations. Learn how this impacts data protection and business operations in India.
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Delhi GST authorities uncover massive ₹645 crore fake input tax credit scheme, arrest key operator. Learn how the sophisticated fraud was detected and prevented.
Two men from Uttar Pradesh arrested for a massive GST refund fraud of Rs 3.42 crore using fake firms and forged documents. Police uncover a web of 85 fictitious companies.
The world economy hasn't seen a synchronized recession in 15 years, but this stability creates financial, fiscal and allocative risks. Learn why rare downturns threaten economic health.
Major GST overhaul affects LIC policy premiums. Discover which insurance products will cost more and how to optimize your coverage in the new tax regime.
Discover how India's landmark GST reforms are transforming the economy, boosting consumer spending, and creating a unified market that's driving unprecedented growth.
Delhi Police uncovers high-tech fake currency printing unit in Narela, seizes advanced equipment and arrests three key operatives in significant blow to counterfeit network.
Bajaj Finance reports massive 27% growth in festive loan disbursements following GST reduction on consumer goods. Discover how tax cuts are driving consumer spending this festive season.
Delhi government considers major relief for businesses as private firms, shops, and malls may get late fee waivers on water bills. New policy aims to support commercial establishments.
Andhra Pradesh celebrates its second-highest GST revenue since 2017, marking a significant 15% year-on-year growth and showcasing robust economic recovery.
India's GST collections are projected to significantly exceed budget forecasts for FY26, with SBI Research predicting robust revenue growth driven by economic momentum and improved compliance.
India's GST collections show robust recovery with October figures reaching ₹1.96 lakh crore, marking 4.6% year-on-year growth despite recent tax rate reductions across key sectors.