GST: News
India's GST collections touch record ₹22L crore in FY25
India's Goods and Services Tax (GST) collections have doubled in the last five years, hitting a record ₹22.08 lakh crore for FY25.
GST filing gets stricter from July 1: Key changes explained
The Goods and Services Tax (GST) compliance process will change from July 1, 2025, with two major amendments: locking of GSTR-3B forms and a three-year time limit for filing returns.
Tata Steel facing show cause notice over input tax credit
Tata Steel has been issued a show cause-cum-demand notice by tax authorities for an alleged irregular availment of input tax credit worth ₹1,000 crore between FY19 and FY23.
GST Council mulling Health, Clean Energy Cess: What are they?
The Goods and Services Tax (GST) Council in India is contemplating a major overhaul of its cess structure.
GST return filing process has changed: How it affects you
The Goods and Services Tax Network (GSTN) has announced a major change in its return filing process.
12% GST slab may be scrapped: What will become cheaper?
The Goods and Services Tax (GST) Council is likely to consider a proposal to scrap the 12% tax slab. This would reduce the number of GST slabs from four to three.
GST collection hits ₹2L crore mark for 2nd consecutive month
India's Goods and Services Tax (GST) collections have crossed the ₹2 lakh crore mark for the second consecutive month in May 2025.
GST registration for small businesses in India just got easier
The Central Board of Indirect Taxes and Customs (CBIC) has made the Goods and Services Tax (GST) registration process easier for micro, small, and medium enterprises (MSMEs).
Paytm's gaming subsidiary faces ₹5,712 crore GST demand notice
Paytm's subsidiary, First Games Technology Private Limited, has been served a show cause notice by the Director General of GST Intelligence (DGGI) in Delhi.
Is GST applicable on UPI payments over ₹2,000—Check government's response
The Indian government has denied recent rumors of levying Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions above ₹2,000.
GST compliance: Key deadlines to meet before March 31
Taxpayers and businesses are reminded of important Goods and Services Tax (GST) compliance deadlines that need to be fulfilled before March 31, 2025.
New GST rules effective April 1: Key changes for businesses
The Indian government has announced major changes to the Goods and Services Tax (GST) rules, effective April 1, 2025.
GST rates set to decrease further, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced that Goods and Services Tax (GST) rates will be reduced further.
Now, you can complete GST registration in home state
The Goods and Services Tax Network (GSTN) has revamped its biometric authentication process for new GST registration applicants.
Hyundai Motor India slapped with ₹15cr tax demand notice
Hyundai Motor India has received a tax demand notice of ₹15 crore from the Goods and Services Tax (GST) authorities.
India's GST collections rise by 9.1% in February
India's gross Goods and Services Tax (GST) collections for February have jumped by a whopping 9.1% to about ₹1.84 lakh crore, data released today showed.
The GST effect: How it impacts your personal finances
The introduction of the Goods and Services Tax (GST) has brought about a major shift in India's tax landscape, impacting multiple sectors, including personal investments.
Investing in EV charging stations? Here are the tax benefits
The Indian government is pushing hard for electric vehicles to combat pollution and reduce dependency on fossil fuels.
You can take business loans to manage seasonal demands: Details
Why is it super important for Indian entrepreneurs to know the trends in seasonal business loans? Because those loans are key to handling cash flow and inventory during busy periods.
GST evasion of over ₹1.88L crore detected between April-December 2024
The Central Goods and Services Tax (CGST) officers have detected a whopping Goods and Services Tax (GST) evasion of over ₹1.88 lakh crore.
January's GST collections stand at ₹1.72L crore, second-highest ever
India's Goods and Services Tax (GST) collections for January 2025 have hit ₹1.72 lakh crore, according to provisional data from the Ministry of Finance.
'Band-aid for bullet wounds': Rahul Gandhi slams Union Budget 2025
Congress leader Rahul Gandhi has slammed the Union Budget 2025, terming it a "band-aid for bullet wounds."
'Time to end': Kejriwal seeks law against billionaire loan waivers
Aam Aadmi Party (AAP) leader Arvind Kejriwal has written to Prime Minister Narendra Modi, asking him to introduce a law against loan waivers for billionaires.
From tax cuts to GST: Expectations from Union Budget 2025
With the Union Budget 2025 just around the corner, middle-income households in India are hoping for some income tax revisions. These could go a long way in easing their financial burden.
Shares of gaming companies surge as SC halts GST notices
The Supreme Court of India has stayed Goods and Services Tax (GST) show cause notices amounting to ₹1.12 lakh crore to online gaming companies.
Nirmala Sitharaman chairs pre-Budget 2025 consultation: Check key proposals
Finance Minister Nirmala Sitharaman will present the Union Budget for the fiscal year 2025-26 on February 1.
GST will not be applicable to gift vouchers and cards
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that prepaid vouchers, such as gift cards and digital wallets, are exempt from Goods and Services Tax (GST).
GST collection for December surges 7.3% YoY to ₹1.77L crore
India's Goods and Services Tax (GST) collection for December 2024, has seen a sharp 7.3% year-on-year rise, hitting ₹1.77 lakh crore.
GST annual return filing deadline today: Who needs to file?
The Goods and Services Tax (GST) annual return (GSTR-9) for the financial year 2023-24, is due today, December 31, 2024.
18% GST on used cars: Who will bear the brunt
The recent hike in Goods and Services Tax (GST) on used cars from 12% to 18% has triggered a nationwide debate.
How 18% GST could hurt demand for used cars
India's booming pre-owned car market is set to slow down. This comes after the Goods and Services Tax (GST) Council increased tax rates on used cars from 12% to 18%.
Your health insurance premium will not become cheaper anytime soon
The Goods and Services Tax (GST) Council has deferred its decision on slashing the tax rate on life and health insurance premiums.
Modi government uncovers ₹26,540cr GST evasion
The Central Board of Indirect Taxes and Customs (CBIC) has unearthed a whopping ₹26,543 crore Goods and Services Tax (GST) evasion.
Your coconut oil for cooking should become cheaper now
Ending a 15-year-long legal battle between the Excise Department and manufacturers, the Supreme Court has ruled that small packets of coconut oil should be considered edible oil for taxation purposes.
Your online food deliveries in India may cost less soon
The Goods and Services Tax (GST) Council will discuss a possible cut in GST on food delivery charges at its 55th meeting on December 21.
Your life insurance premiums may become cheaper soon
The Goods and Services Tax (GST) Council will review the recommendations of the Group of Ministers (GoM) on insurance at its 55th meeting on Saturday (December 21).
Bengaluru taxi scam: How 'Uber-like' app is duping passengers
A new airport taxi scam has surfaced at the Kempegowda International Airport in Bengaluru.
Buying a second-hand EV may cost you more next year
The Goods and Services Tax (GST) Council is mulling a proposal to hike the GST rate on old and used electric vehicles (EVs), as well as smaller petrol and diesel cars.
Zomato slapped with ₹803cr GST demand notice over delivery fees
Leading food and grocery delivery platform Zomato has received a tax demand notice of ₹803.4 crore from the Goods and Services Tax (GST) authorities in Maharashtra.
How 28% GST is harming India's real money gaming industry
The online real money gaming (RMG) industry in India has witnessed a major slowdown, under the new Goods and Services Tax (GST) regime introduced last year.