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GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik Jain
Nearly a decade since its roll out, the historic GST reform moved closer towards a pivotal point of maturity. Over the years, GST has largely…
GST 2026: Simpler compliance, tech-led enforcement reflect growing trust between government and industry, says Deloitte’s MS Mani
A key aspect underlining the GST Council meeting is the growing mutual trust between government and industry. Following the positive response to the September 2025…
GST reforms 2026: Employers get ITC on employee health, life insurance premiums
The GST Council allowed employers to claim input tax credit (ITC) on GST paid on health and life insurance policies taken for their employees, a…
Why is OpenAI’s annualized revenue $20 billion below earlier estimates?
OpenAI’s annualized revenue is reportedly around $50 billion as of September. This is about $20 billion lower than the earlier estimate of $70 billion. OpenAI’s…
India, 14 others ink joint ministerial statement to curb structural excess capacity
India joined 14 other economies including the United States, European Union and the UK in signing a joint ministerial statement to curb structural excess capacity…
‘Faster decisions, lower compliance costs’: PM Modi welcomes new round of GST reforms
New Delhi: Prime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying…
RBI’s first big liquidity mop-up after rate hike falls short as banks park less than half the target
Kolkata: The Reserve Bank of India‘s first major attempt to drain surplus liquidity and improve transmission of its rate hike met with a muted response….
RBI bid to drain surplus liquidity and improve rate transmission sees muted response
Kolkata: The central bank’s first major bid Thursday to drain surplus liquidity and improve transmission of its first rate increase in nearly four years met…
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | Explained
The GST Council on Thursday moved beyond rate changes to overhaul how the indirect tax system works for businesses and taxpayers, approving a series of…
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here’s how
Small businesses, exporters, e-commerce sellers and taxpayers facing GST proceedings are among the biggest potential beneficiaries of the reforms approved by the GST Council on…