Tag: gst
A step forward: 83 GSTAT members allotted benches
NEW DELHI: The finance ministry has allotted benches to 83 newly appointed members of the Goods and Services Tax Appellate Tribunal (GSTAT), a key step…
Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco
Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…
‘Reforms are driving demand, capacity use’: Ficci President Anant Goenka
Driven by strong macro fundamentals and reforms, India‘s economy is expected to expand more than 7% in fiscal 2026, new Ficci president Anant Goenka said….
Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of FY26: Goldman Sachs
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income…
RBI likely to keep repo rate unchanged at 5.50% in December policy: BoB
The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday,…
November GST mop-up grows slowest in fiscal due to rates revamp
New Delhi: India’s gross goods and services tax (GST) collection increased a modest 0.7% year-on-year in November to ₹1.70 lakh crore, the lowest so far…
GST collections soften in November 2025 in the aftermath of rationalisation move| Business News
India’s GST collections softened in November 2025 due to the rationalisation move that reduced the indirect tax of hundreds of items. GST collections are up…
GDP to cross $4 trillion, growth set to top 7% in FY26: CEA
India’s economic growth should exceed 7% this fiscal year, and the size of the economy would cross $4 trillion, driven by the 8.2% rate of…
India Q2 GDP growth quickens on year to 8.2% even before full impact of GST cut kicks in
Exceeding expectations and marking a six-quarter high, India’s gross domestic product (GDP) quickened to 8.2% in the second quarter of FY26, up from 5.6% in…