Eight states back GST rate rejig but demand five-year levy to offset losses
Finance ministers from eight states on Friday (August 29) supported the government’s proposal to rationalise goods and services tax (GST) […]
States demand revenue protection amid GST rate rationalisation debate
A balanced approach to goods and services tax (GST) rate rationalisation is needed with an emphasis on revenue protection for
GST 2.0 new rates announced: Govt plans two-slab tax regime – what gets cheaper and what gets costlier
The central government is preparing for one of the most significant reforms in the Goods and Services Tax (GST) regime
Economists bet proposed GST cuts can counter Trump tariffs and drive consumption, lifting GDP by half a percent
The proposed reduction in tax rates on several items, set to be taken up by the GST Council in early
CBIC’s Instructions on Validation of BIS registration at time of clearance
The CBIC issued Instruction No. 27/2025-Customs dated August 26, 2025 regarding the Validation of BIS registration at time of clearance.
India’s GDP surges five-quarter high of 7.8% in Q1FY26, outpacing forecasts despite tariff headwinds
Strong growth in manufacturing and services, coupled with a revival in consumption, helped India’s economy exceed all expectations with GDP
CBIC’s Instructions with respect to duties on gifts and personal imports through Courier and Postal mode
The CBIC issued Instruction No. 28/2025-Customs dated August 27, 2025, with respect to duties on gifts and personal imports through
Pre-budget meetings for FY26-27 to start from October 9
The Department of Economic Affairs (DEA) has announced that pre-budget meetings for the financial year 2026-27 will begin on October
Commerce minister Goyal says looking at sectors to diversify exports as US tariffs take effect
India’s Commerce and Industry Minister Piyush Goyal on Friday (August 29) spoke about diversifying India’s exports, underlining the need to
CBDT Grants Approval to IIT Madras Research Park for Scientific Research under Section 35 of Income Tax Act
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has accorded approval to M/s IIT Madras Research
