Finance Minister Nirmala Sitharaman clarifies the new Health and National Security Cess will only tax demerit goods like pan masala. Revenue to fund health schemes and security. Opposition raises concerns over MSME impact.
The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.
Parliament has approved the Central Excise Amendment Bill, 2025, raising excise duty on tobacco products. The move aims to boost revenue and curb consumption. Read the full details and implications here.
Finance Minister Nirmala Sitharaman introduced a bill for a new cess on pan masala production. The revenue will fund health and security initiatives and be shared with states. Read the details.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
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.
Lok Sabha approves Central Excise Bill to tax tobacco. Finance Minister says revenue will go to divisible pool, with 41% for states. Opposition criticizes move as filling fiscal gap.
Gurgaon's new Income Tax building in Sector 29, operational from April 2026, will centralize all units, boosting efficiency and taxpayer convenience. Learn about the key features and benefits.
Finance Minister Nirmala Sitharaman clarified in Lok Sabha that the tobacco levy is an excise duty, not a new cess. The move aims to keep cigarettes unaffordable and revenue will be shared with states.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The Lok Sabha has passed a crucial bill to amend excise duty rates on tobacco and its products. This legislative move aims to update the Central Excise Act, 1944. Read for details and implications.
Finance Minister Nirmala Sitharaman calls for international tax transparency to tackle digital economy & crypto assets. Highlights India's improved tax compliance. Read more.
Income Tax department expands Hyderabad biryani tax evasion probe to rice & meat suppliers. Officials uncover weight manipulation & ₹600 crore unaccounted income. Read the full investigation details.
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.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Ludhiana's bicycle sector faces a worsening crisis as a GST reduction to 5% exacerbates an inverted duty structure, blocking working capital and threatening small units. Industry demands urgent reform.
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.
Finance Minister Nirmala Sitharaman highlights need for global coordination on tax transparency, digital economy, and beneficial ownership to ensure fair economic governance and development.
Finance Minister Nirmala Sitharaman champions tax transparency and digital public infrastructure at G20 meeting, reinforcing India's leadership in global economic governance. Read more.
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Finance Minister Nirmala Sitharaman calls for using AI to improve global tax information exchange amid digitalisation. Read her key address at the Global Forum.
Finance Minister Nirmala Sitharaman emphasized the need for international cooperation, fairness, and the use of AI in tax information exchange at the Global Forum meeting in New Delhi.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Indian courts are pushing back against tax investigations relying solely on WhatsApp chats. Recent ITAT rulings mandate independent proof like documents or cash trails for digital evidence to be valid. Read the full analysis.
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.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Finance Minister Nirmala Sitharaman introduces bills to impose excise duty on tobacco and a health cess on pan masala, ensuring high taxes after GST compensation ends. Read the details.
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.
Union Minister Pankaj Chaudhary reveals Telangana contributed ₹4.36 lakh crore to central coffers from 2019-2025, receiving ₹3.76 lakh crore back. See the widening gap in recent years.
Ghaziabad Municipal Corporation extends the 20% property tax rebate deadline to December 31. After that, rebates will reduce in phases. Over 5.5 lakh taxpayers in the city are affected.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
