Tag: gst

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Posted in Economy

India stands tall in shaky world economy as Fitch lifts FY26 growth view to 7.5%

India’s economy is likely to grow 7.5% in the fiscal year ending March 2026, faster than 7.4% earlier projected, as strong domestic demand keeps activity…

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Posted in Economy

Stability, reforms aid India’s rise: Former RBI governor Shaktikanta Das

New Delhi: India’s evolution into a “credible” economic power is rooted in macroeconomic stability, institutional reforms and stronger balance sheets across banks and corporates, former…

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Posted in Economy

Imports power growth: February GST collections rise 8.1% to ₹1.84 lakh crore

New Delhi: India’s gross goods and services tax (GST) collection increased 8.1% year-on-year to ₹1.84 lakh crore in February, driven by steady domestic demand and…

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Posted in Economy

Base year revision lifts GDP estimates, captures structural changes in Indian economy: Experts

India’s latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26, with analysts seeing it as…

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ET Budget Survey 2026:
Posted in Economy

Budget 2026: Survey reveals India’s growth confidence but deep unease on jobs and global risks

As India heads into the 2026 Union Budget amid a slowing global economy and persistent geopolitical risks, a new survey of over 5,000 respondents offers…

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Posted in Economy

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…

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Posted in Economy

Budget 2026: Sitharaman & Co will be counting every rupee on the road to Viksit Bharat 2047

Budget FY27 expectations: When global rating agency Moody’s flagged concerns over India’s fiscal strength around Budget 2025, Finance Minister Nirmala Sitharaman pushed back firmly. “Not…

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Posted in Economy

Budget 2026: A top-up on tax reforms can shore up consumer confidence

India’s economy continues to demonstrate robust resilience, with domestic consumption serving as its strongest growth driver. As the Union Budget 2026 draws near, policy discussions…

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Posted in GST

From GST to tariffs, for insurance sector, it’s been a year of reset, realignment and renewed focus

As calendar year 2025 comes to a close, the Indian insurance sector stands at a transformative juncture. This year has brought sweeping changes, from GST…

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The 56th GST Council decided to remove compensation cess in a phased manner until the remaining liability of the back-to-back loans taken to fund state revenue losses during the pandemic period was discharged. (Pixabay)
Posted in Business

GST compensation cess on tobacco to end on Feb 1; new laws notified| Business News

NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods…

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