Traders who fail to pass on GST reduction benefits to customers likely to face penalty, punishment
GST 2.0 was announced earlier this month as a ‘Diwali gift’ to the people. Now, ahead of the festival, the […]
Indian consumers may save ₹58–₹88 a month under GST 2.0: Reports
Indian consumers can expect modest monthly savings of between ₹58 and ₹88 per person after the latest Goods and Services
GST reforms to inject Rs 2 lakh cr into economy, boost demand across sectors
Union Finance Minister Nirmala Sitharaman on Thursday said the latest round of Goods and Services Tax (GST) reforms will pump
History shows GST reforms have only temporary impact on govt revenues
India’s goods and services tax collections have shown resilience to past rate cuts, with government revenues rebounding after short-lived dips,
Classification anomalies, carve-outs in rates make GST 2.0 not entirely perfect, say experts
Taxation experts have cautioned that the carve-outs offered in rates, along with classification anomalies and unresolved input tax credit (ITC)
Most sectors express intentions to pass on GST rate cut benefits to customers: FM
Finance Minister Nirmala Sitharaman on Thursday said most of the sectors have expressed their intentions to pass on the GST
Will Next-Gen GST reduce prices for consumers
India’s Goods and Services Tax (GST) was designed as a destination-based tax system to promote consumption and production efficiency. The
GST rate cuts impact Centre and states equally, says FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states
GST reforms meant to benefit people, small businesses, economy: FM Sitharaman
GST reforms, including the tax rate cuts effective 22 September, aim to benefit the poor and middle class, farmers and
DGFT Imposes Import Restrictions on ATS-8 Below $111/kg Until September 2026, with Exemptions for EOUs and SEZ Units
The DGFT issued Notification No. 30/2025-26 dated September 18, 2025 amends the import policy condition for ATS-8 [(4R-Cis)-1,1-Dimethylethyl-6-cyanomethyl-2,2-dimethyl-1-3-dioxane-4-acetate] under Chapter
