GST: News
India's auto sales surge for 5th month on GST boost
India's automobile industry has witnessed a major spike in sales for the month of February.
Fino Payments Bank shares tank 14% after CEO's arrest
Shares of Indian fintech company Fino Payments Bank plummeted by as much as 14.1% on Monday.
GST collection jumps 8.1% YoY to ₹1.8L crore
India's Goods and Services Tax (GST) collection witnessed a major jump of 8.1% year-on-year (YoY), amounting to ₹1.83 lakh crore in February 2026.
GST scam case: Bombay HC grants protection to Sunil Biyani
Sunil Biyani, the Non-Executive Director of Future Group, has been granted protection from arrest by the Bombay High Court.
IndiGo slapped with ₹1.27cr penalty over GST input tax credit
IndiGo has been slapped with a penalty of over ₹1.27 crore related to Goods and Services Tax (GST) input tax credit.
India set to be Asia's fastest-growing major economy in 2026
India is projected to be Asia's fastest-growing major economy in 2026, according to a recent report by Fitch Ratings.
Barbeque Nation can't charge service fee at its restaurants anymore
The Central Consumer Protection Authority (CCPA) has directed Barbeque Nation Hospitality Ltd to stop charging a service fee at its restaurants.
Maruti Suzuki weighs price hike amid rising input costs
Maruti Suzuki, India's largest carmaker, is considering a price hike for its vehicles.
Budget 2026: 20-year tax holiday to draw data center investments
In a major move to make India a global digital hub, Finance Minister Nirmala Sitharaman has announced a proposed 20-year tax holiday for foreign companies setting up data centers and cloud computing infrastructure in the country.
Sitharaman's core team: The 7 architects of Budget 2026
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget for FY2026-27, all eyes are on the key announcements. These include fiscal deficit targets, tax proposals, and spending priorities.
GST collections rise 6.2% to ₹1.9L crore in January
India's Goods and Services Tax (GST) collections for January stood at ₹1,93,384 crore, which marks a 6.2% increase over the same month last year.
New taxes on cigarettes, pan masala to kick in tomorrow
Starting February 1, a new tax regime will be imposed on cigarettes and pan masala.
Budget 2026: Real estate sector seeks industry status, single-window clearances
Ahead of the Union Budget, India's real estate sector is pushing for a number of reforms.
Budget 2026: Telecom industry seeks license fee cut, GST relief
India's leading telecom operators have called for major fiscal relief in the upcoming Union Budget for 2026-27.
GST cut pushes Indians toward bigger screen TVs
The recent reduction in Goods and Services Tax (GST) on large-screen televisions has led to a major shift in consumer preferences.
Budget 2026: Agri industry urges sustainable policies, food security focus
As the Union Budget approaches, industry leaders from agriculture, nutrition and fertilizer sectors are calling for policy measures that prioritize sustainability and long-term food security.
MSMEs want Union Budget 2026 to boost GST reforms
Micro, small and medium enterprises (MSMEs) in India are hoping that the upcoming Union Budget 2026 will strengthen GST reforms.
Budget 2026: Fertilizer industry urges duty cuts and GST relief
The Fertiliser Association of India (FAI) has proposed reforms in the Union Budget for 2026-27.
CII's Business Confidence Index hits 5-quarter high: What's the reason?
The Confederation of Indian Industry (CII) has reported a significant rise in its Business Confidence Index (BCI), which has hit a five-quarter high of 66.5 in Q3 FY26.
Budget 2026: Tata Motors advocates for incentives on entry-level EVs
Ahead of the Union Budget 2026, Tata Motors has urged the government to consider fiscal support for entry-level electric vehicles (EVs).
Budget 2026: Auto industry seeks export boost, road infra push
The Indian automotive industry is calling for enhanced support for exports and continued investment in road infrastructure in the upcoming Union Budget.
Will Budget 2026 make new income tax regime even better?
As the Budget 2026 nears, salaried and middle-class taxpayers are eagerly waiting for Finance Minister Nirmala Sitharaman's announcement on February 1.
Life insurance premiums jump 40% in December after GST relief
India's life insurance sector witnessed its best monthly performance of the fiscal year in December, with a nearly 40% year-on-year growth in new business premiums (NBP).
FMCG sector shows signs of recovery in Q3: Here's why
The Fast-Moving Consumer Goods (FMCG) sector is witnessing a strong recovery in the December quarter, driven by GST reforms, robust festive demand, and declining raw material prices.
Will Maruti Suzuki increase small car prices in India?
Maruti Suzuki is contemplating a price hike for its small cars in India, according to The Economic Times.
India's GST collections in December rise 6% to ₹1.74 trillion
India's Goods and Services Tax (GST) collections for December 2025 have witnessed a year-on-year growth of 6.1%, amounting to ₹1.74 trillion.
Cigarettes to get costlier as India imposes new excise duty
The Indian government has announced an excise duty on cigarettes, effective February 1.
GST, income tax, labor laws: India's biggest reforms in 2025
The National Democratic Alliance (NDA) government, led by Prime Minister Narendra Modi, has introduced a series of major reforms in 2025. These changes are aimed at strengthening the Indian economy amid global uncertainties.
You should complete these important tax tasks before December 31
As the year-end approaches, taxpayers and businesses need to be aware of three important financial deadlines on December 31.
Opens Pandora's box: Centre opposes GST cut on air purifiers
The Centre on Friday opposed a Public Interest Litigation (PIL) in the Delhi High Court seeking a reduction in the Goods and Services Tax (GST) on air purifiers amid the rising air pollution in the national capital.
Vodafone Idea hit with ₹83cr GST penalty, plans legal action
Vodafone Idea has been slapped with two separate GST penalty orders from tax authorities in Mumbai and Bengaluru. The total financial exposure from these penalties amounts to over ₹83 crore.
RBI to inject ₹2 trillion into banking system: Here's why
The Reserve Bank of India (RBI) has announced plans to inject ₹2 lakh crore ($32 billion) into the country's banking system.
India's auto industry poised for 6-8% growth in 2026
India's automobile sector is gearing up for a strong start in 2026, with sales projected to grow by 6-8%.
UltraTech Cement slapped with ₹800cr tax notice
India's largest cement maker, UltraTech Cement, has been slapped with a Goods and Services Tax (GST) demand notice of around ₹782.2 crore.
SEBI introduces new rules for mutual funds, stock brokers
The Securities and Exchange Board of India (SEBI) has approved a major overhaul of regulations governing mutual funds and stock brokers.
Did GST cuts boost demand? Here's what experts say
India's retail inflation plummeted to a record low of 0.25% in October and 0.71% in November, largely due to a sharp decline in food prices.
India's retail inflation predicted to average 2.5% in FY26: Crisil
Crisil, a leading rating agency, has projected that India's retail inflation will average around 2.5% in the fiscal year 2025-26.
India's general insurance sector sees 24% growth after GST exemption
India's general insurance sector witnessed a remarkable growth of 24.1% year-on-year (YoY) in November.
India proposes new cess structure on pan masala, tobacco products
The Indian government has proposed two major tax reform bills to revamp indirect taxes on tobacco products and pan masala.
Parliament Winter Session: Government to impose new levies on tobacco
The government will introduce two bills in the Lok Sabha on Monday to replace the existing Goods and Services Tax (GST) compensation cess on tobacco products and pan masala, news agency PTI reported.
CRISIL raises India's GDP growth forecast to 7%: Here's why
Ratings agency CRISIL has revised its projection for India's GDP growth upward, from 6.5% to a robust 7%, for the current fiscal year.