Finance Minister Nirmala Sitharaman announces a major overhaul of India's customs duty regime, focusing on rate rationalisation, transparency, and reducing official discretion. Read the full plan.
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.
The Reserve Bank of India's MPC cut the repo rate by 25 basis points to 5.25% in its December policy. This marks a cumulative reduction of 125 bps since February. Read the full analysis.
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.
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.
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.
India's economy grew at 8.2% in Q2 FY25, surpassing RBI projections. With inflation controlled, MPC faces rate cut decision amid GST reforms and US tariff impacts. Read analysis.
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.
India's Nifty 50 index is set to hit a record high after 14 months, fueled by expectations of US and domestic rate cuts. Discover the factors driving this market rally and what it means for investors.
Wall Street opens higher with Dow gaining 130 points as Federal Reserve maintains rate cut projections for 2024. Market optimism grows despite inflation concerns.
Gold prices in Delhi surged to ₹1.30 lakh per 10 grams, reaching a near two-week high. Analysts attribute the rise to renewed expectations of US Federal Reserve rate cuts next month. Read more about the market trends.
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.
Growing opposition within Federal Reserve threatens Trump's rate cut demands. Internal divisions could persist even with new chair appointment in 2026. Read analysis.
Explore how India's festive season, boosted by GST cuts and digital credit, drives consumer spending and economic growth. Learn smart tips to avoid debt traps.
Gold futures fell Rs 355 to Rs 1,22,372 as robust US employment figures reduced Fed rate cut expectations. Silver also declined amid shifting market sentiment.
Gold prices declined as robust US September job growth strengthened the dollar and reduced expectations of Federal Reserve rate cuts in December. Market uncertainty prevails.
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.
Despite GST rate reductions, India's apparel and footwear sectors saw disappointing festive sales due to weak consumer spending, erratic weather, and tax transition issues. Learn why the expected consumption boost didn't materialize.