News

Maharashtra Tax Dept arrests man in Rs.8.43 crore fake ITC racket

12 Nov 2025

Maharashtra, GST Fraud, Fake ITC, Tax Evasion, State Tax Department, Financial Crime, Paper Firms, Enforcement Action, Revenue Loss, Legal Case

Maharashtra Tax Dept arrests man in Rs.8.43 crore fake ITC racket

Maharashtra State Tax Dept Arrests Mira Road Man For Rs.8.43 Crore Fake ITC Racket, Firm Found To Exist Only On Paper

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12 Nov 2025

Retail Inflation, Food Prices, GST Cuts, Economic Data, Mint Poll, Price Trends, Inflation Rate, Consumer Spending, Fiscal Policy, India Economy

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Retail inflation likely to hit record low of 0.3% in October on falling food prices, base effect and GST cuts: Mint poll

GST evasion: Self-styled guru sent to 14-day judicial custody

12 Nov 2025

GST Evasion, Judicial Custody, Fraud Case, Tax Evasion, Legal Action, Enforcement Directorate, Financial Crime, Court Order, Government Investigation, Law Enforcement

GST evasion: Self-styled guru sent to 14-day judicial custody

GST reduction: New life insurance business premium touches Rs 34,007 cr in October

12 Nov 2025

GST Reduction, Life Insurance, Premium Growth, Insurance Sector, Financial Services, October Data, Market Trends, Policy Impact, Economic Growth, India Economy

GST reduction: New life insurance business premium touches Rs 34,007 cr in October

GST Tribunal to Begin Operations in Kolkata from December 1

11 Nov 2025

GST Tribunal, Kolkata, Legal Framework, Tax Disputes, Government Announcement, Judiciary, Indirect Tax, Business Compliance, CBIC, India Economy

GST Tribunal to Begin Operations in Kolkata from December 1

GST bazooka: Lenders raise credit growth guidance for FY26

11 Nov 2025

GST Impact, Credit Growth, Banking Sector, FY26 Outlook, Lenders, Financial Institutions, Economic Growth, Fiscal Policy, Monetary Trends, India Economy

GST bazooka: Lenders raise credit growth guidance for FY26

GST 2.0 Reforms A Boon For India's Artisans, Enabling Competition With Factory-Made Goods

11 Nov 2025

GST 2.0, Artisans, Handicraft Sector, Small Businesses, Tax Reforms, Local Economy, Make in India, Traditional Crafts, Economic Growth, Government Policy

GST 2.0 Reforms A Boon For India's Artisans, Enabling Competition With Factory-Made Goods

Budget 2026 talks begin under FM Sitharaman, focus on tax reforms and manufacturing

11 Nov 2025

Budget 2026, Nirmala Sitharaman, Tax Reforms, Manufacturing Sector, Pre Budget Meeting, Economic Policy, Finance Ministry, Fiscal Strategy, Government Discussion, India Economy

Budget 2026 talks begin under FM Sitharaman, focus on tax reforms and manufacturing

Budget 2026: Pre-budget talks begin, chaired by Nirmala Sitharaman; tax reforms and manufacturing push in focus

GST 2.0 Update: 40% Cap on Tobacco and Pan Masala, New Central Duty Likely

11 Nov 2025

GST 2.0, Tobacco Industry, Pan Masala, Tax Cap, Central Duty, Indirect Tax, Government Policy, Fiscal Measures, Revenue Reform, Economic Update

GST 2.0 Update: 40% Cap on Tobacco and Pan Masala, New Central Duty Likely

Mamata admits backing GST ‘very big blunder’, accuses Centre of withholding state funds

11 Nov 2025

Mamata Banerjee, GST Blunder, State Funds, Political Statement, Centre State Relations, Fiscal Policy, West Bengal, Government Finance, Revenue Dispute, Economic Policy

Mamata admits backing GST ‘very big blunder’, accuses Centre of withholding state funds

Brokers seeking a zero-rated GST for insurance to reclaim input tax credit

10 Nov 2025

insurance sector, GST reform, zero rated GST, input tax credit, insurance brokers, financial services, tax policy, regulatory update, finance industry, government proposal

Brokers seeking a zero-rated GST for insurance to reclaim input tax credit

MP’s wedding mkt may cross 40k cr with GST cut, bookings

10 Nov 2025

Madhya Pradesh wedding market, GST cut impact, wedding industry, event bookings, wedding economy, business growth, consumer spending, marriage market trends, hospitality sector, wedding planning

MP’s wedding mkt may cross 40k cr with GST cut, bookings

Court rejects bail plea of GST tax evasion accused

10 Nov 2025

GST tax evasion, court verdict, bail rejected, legal news, tax fraud case, finance crime, judiciary update, legal proceedings, business law, tax enforcement

Court rejects bail plea of GST tax evasion accused

New vehicle sales in AP up 46% in first month of GST reduction

10 Nov 2025

new vehicle sales, Andhra Pradesh, GST reduction, automobile market, car sales growth, vehicle demand, auto industry update, commercial vehicles, passenger vehicles, automotive trends

New vehicle sales in AP up 46% in first month of GST reduction

GST rate cut eases discount pressure for truck makers

10 Nov 2025

GST rate cut, truck industry, automobile sector, vehicle manufacturers, discount pressure, commercial vehicles, taxation, logistics industry, manufacturing updates, auto news

GST rate cut eases discount pressure for truck makers

6 weeks into GST 2.0, consumers still await full price relief on essentials

07 Nov 2025

GST 2.0, Consumer Prices, Essential Goods, Tax Reform, Inflation, Market Trends, Economic Impact, Retail Sector, Price Relief, Government Policy

6 weeks into GST 2.0, consumers still await full price relief on essentials

Only structural reforms, not GST rate cuts, can sustain long-term growth: Oxford Economics

07 Nov 2025

GST Rate Cuts, Structural Reforms, Long Term Growth, Oxford Economics, Economic Policy, Fiscal Strategy, India Economy, Growth Outlook, Government Reforms, Economic Report

Only structural reforms, not GST rate cuts, can sustain long-term growth: Oxford Economics

India's KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impact

07 Nov 2025

Devyani International, KFC, Pizza Hut, GST Reform, Restaurant Industry, QSR Sector, Business Impact, Tax Policy, Corporate Reaction, India Economy

India's KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impact

Insurance agents’ plea over commission cuts unlikely to be taken up by GST Council

07 Nov 2025

Insurance Sector, GST Council, Commission Cuts, Insurance Agents, Policy Decision, Financial Services, Government Meeting, Tax Policy, Regulatory Update, Industry Concern

Insurance agents’ plea over commission cuts unlikely to be taken up by GST Council

Fake GST Registration Network Spans Across 23 States, Causes Multi-Crore Revenue Loss

07 Nov 2025

Fake GST Registration, Tax Evasion, Revenue Loss, Fraud Network, GST Scam, Enforcement Action, Financial Crime, CBIC Investigation, Compliance Violation, Government Alert

Fake GST Registration Network Spans Across 23 States, Causes Multi-Crore Revenue Loss

Swift uptake of three-day simplified GST registration scheme as taxpayers cheer faster onboarding

07 Nov 2025

GST Registration, Simplified Scheme, Taxpayer Onboarding, CBIC Initiative, Digital Compliance, Ease of Doing Business, Government Reform, Tax Administration, GST Update, Business Registration