Tag: goods and services tax
May GST collections up 3% to ₹1.94 lakh crore
The gross Goods and Services Tax (GST) revenue in May rose 3.2% year-on-year to ₹1.94 lakh crore from ₹1.88 lakh crore in the same month…
Businesses can digitally record ‘goods delivered’ on e-way bill portal: GSTN
New Delhi, GST registered businesses can now digitally record delivery of goods for which a e-way bill was generated on the portal, GST Network said….
IMEC momentum to boost Karnataka exports amid global trade disruptions
Bengaluru: Karnataka’s exporters are set to benefit as the India-Middle East-Europe Economic Corridor (IMEC) gathers momentum as an alternative to traditional maritime choke points, a…
MoSPI proposes Index of Service Production with 2024-25 as base year
The statistics ministry on Monday proposed using Goods and Services Tax (GST) data to develop an Index of Services Production (ISP) for the formal sector…
India’s economy puts up brave front as GST, auto sales and UPI payments surge despite Gulf war
New Delhi: High-frequency indicators released at the end of the fiscal year signalled that India’s economy has stayed resilient despite disruptions stemming from the Gulf…
At 7.8%, December IIP growth zooms to over two-year high
New Delhi: India’s industrial output climbed to a 26-month high of 7.8% year-on-year in December, driven by manufacturing activity, goods and services tax (GST) rationalisation…
India’s fiscal, monetary policies to support consumer demand revival in FY27 amid global uncertainties: HSBC
New Delhi: Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27,…
GJEPC seeks duty cuts and policy reforms to boost gem and jewellery exports
The Gem & Jewellery Export Promotion Council (GJEPC) has sought duty rationalisation, SEZ reforms, customs simplification, tax reforms for exporters, support for lab-grown diamonds, and…
Godrej Consumer expects double-digit growth in Q3 on easing GST 2.0 disruptions| Business News
Godrej Consumer Products Ltd. has guided for double-digit growth in October-December as disruptions brought on by GST reforms eased. Godrej Consumer Products retails FMCG goods,…
GST collection grows 6.1% in December 2025 as rate-cut impact shows| Business News
India’s GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India’s net GST revenue,…