Weekly GST Communique dated February 16, 2026
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field […]
Union Budget 2026–27: Empowering MSMEs as Global Champions through Equity, Liquidity & Professional Support for Scalable Growth, Export Expansion and Stronger Contribution to India’s Manufacturing, GDP and Employment
Key Takeaways The Union Budget 2026-27 proposed a three-pronged approachto help Indian Micro, Small & Medium Enterprises (MSMEs) grow as Champions
Union Budget 2026–27 Positions India as a Global Cloud and AI Infrastructure Hub with Long-Term Tax Incentives and Structured Digital Ecosystem Reforms
Key Takeaways Tax holiday till 2047 proposed for eligible foreign cloud providers using India-based data centres for global operations Structured eligibility
CGST Delhi South officials arrest one company director in fraudulent availing ITC of ₹6.53 crore
As part of its ongoing enforcement drive against fraudulent ITC claims, the Anti-Evasion Branch of the Central Goods & Services
CBIC Hosts Post-Union Budget 2026–27 Interactive Session in Mumbai to Drive Trust-Based Indirect Tax Reforms and Strengthen Digital Customs Ecosystem
The Central Board of Indirect Taxes and Customs (CBIC) organised an interactive session with representatives of Trade Associations, Chambers of
Draft income tax rules: PAN no more compulsory for hotel bills below ₹1 lakh, cash withdrawals & deposits below ₹10 lakh
The Central government last week released a document on the draft Income Tax Rules. In the document, the Centre proposed
GST cut, lower inflation help HUL Q3 revenues grow 4.3%
A mix of low food inflation and GST cuts have put more money into the hands of people, aiding demand
GST reset powers entry-level bike revival; Hero MotoCorp hits 8-yr high market share
India’s entry-level motorcycle segment is staging a sharp comeback after years of decline, reshaping competitive equations in the two-wheeler market.
India’s taxpayer base doubled to 12 cr in 11 yrs, middle class expands: FM
Finance Minister Nirmala Sitharaman on Thursday said that rising personal income tax collections should not be interpreted as pressure on
CBIC to roll out Eligible Manufacturer-Importer Scheme by March 1 says Vivek Chaturvedi Chairman
The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer scheme by March
