Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset […]
Time for cashback: HC orders 16-cr tax refund to Flipkart
The Karnataka high court has ordered the commercial taxes department to refund Rs 16.1 crore to Flipkart India. This amount
GST rationalisation to make vehicles more affordable, boost jobs and MSMEs: Govt
The government’s sweeping rationalisation of Goods and Services Tax (GST) rates for the automobile and road transport sector is set
Scrapping 97 lakh vehicles could yield Rs 40,000 crore GST: Nitin Gadkari’s bold pitch to auto sector
Union minister Nitin Gadkari on Friday made a sweeping pitch to the automobile industry: India could unlock Rs 40,000 crore
Govt seeks monthly price reports after GST rate cuts from September 22
The Indian government has directed businesses to submit monthly reports on the maximum retail price (MRP) of 54 essential consumer
Income Tax Return Filing Deadline Today: CBDT unlikely to extend deadline Beyond September 15 — here’s why
The Central Board of Direct Taxes (CBDT) has clarified that the due date for filing Income Tax Returns (ITRs) for
Weekly GST Communique dated September 15, 2025
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
CBIC clarifies GST on post-sale discounts, no ITC reversal for buyers
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that buyers will not be required to reverse input
FMCG firms say can’t lower MRPs on Rs 5, 10, 20 packs despite GST cut: Report
Consumer goods companies have told tax officials that they cannot reduce the prices of popular low-cost products like Rs 5
NPPA directs drug makers to reduce medicine prices following GST rate cut
The National Pharmaceutical Pricing Authority (NPPA) on Friday issued a directive to all drug and medical device manufacturers, directing them
