News

Fitch lifts FY26 growth forecast to 7.4% on stronger consumer demand

08 Dec 2025

Fitch ratings, FY26 growth forecast, economic growth, consumer demand, India outlook, macroeconomic trends, GDP projections

Fitch lifts FY26 growth forecast to 7.4% on stronger consumer demand

40 industrialists of induction and furnace biz rue GST notices over bogus billing

08 Dec 2025

industrialists, induction furnace industry, GST notices, bogus billing, tax scrutiny, metal industry, compliance issues, enforcement action

40 industrialists of induction and furnace biz rue GST notices over bogus billing

FM: Tobacco excise duty will be shared with states

08 Dec 2025

tobacco excise duty, revenue sharing, states share, finance minister statement, excise policy, indirect tax, tobacco taxation

FM: Tobacco excise duty will be shared with states

Diesel consumption hits six-month high driven by GST rate cuts, higher industrial offtake

08 Dec 2025

diesel consumption, GST rate cuts, industrial offtake, fuel demand, economic activity, energy sector, consumption growth, market trends

Diesel consumption hits six-month high driven by GST rate cuts, higher industrial offtake

PAN–Aadhaar linking deadline nears: Do this before Dec 31 or your PAN will go inactive

08 Dec 2025

PAN Aadhaar linking, PAN inactive, deadline alert, income tax update, taxpayer advisory, identity compliance, digital KYC, December 31 deadline

PAN–Aadhaar linking deadline nears: Do this before Dec 31 or your PAN will go inactive

ICAI Issues Technical Guide on GST Reconciliation Statement (Form GSTR 9C), Dec'25 Edition

08 Dec 2025

ICAI guide, GSTR 9C, GST reconciliation, technical guide, December 2025, GST compliance, GST audit, Form GSTR 9C

ICAI Issues Technical Guide on GST Reconciliation Statement (Form GSTR 9C), Dec'25 Edition

ICAI Issues Technical Guide on GST Reconciliation Statement (Form GSTR 9C), December 2025 Edition

Tobacco sector ‘highly evasion-prone’, even 40% GST not enough: FM defends cess Nirmala

08 Dec 2025

tobacco sector, GST on tobacco, tax evasion, cess defence, Nirmala Sitharaman, sin goods tax, tobacco taxation policy, revenue protection

Tobacco sector ‘highly evasion-prone’, even 40% GST not enough: FM defends cess Nirmala

'Never In India's History': Sitharaman On GST, Income Tax Cuts In Same Year

08 Dec 2025

Nirmala Sitharaman, GST cuts, income tax cuts, fiscal reforms, tax relief, budget highlights, economic policy, government reforms

'Never In India's History': Sitharaman On GST, Income Tax Cuts In Same Year

GST cut on micronutrient fertilisers brings relief to farmers

08 Dec 2025

GST reduction, micronutrient fertilisers, farmer relief, agricultural inputs, JP Nadda, tax policy, agriculture sector, government decision

GST cut on micronutrient fertilisers brings relief to farmers

Reduction in GST on micronutrient fertilisers from 12 to 5% provides financial relief to farmers, says Union Minister JP Nadda

08 Dec 2025

Rs.54 crore GST fraud, tax scam, GST evasion, enforcement action, fake invoicing, financial crime, tax investigation

Rs 54-crore GST fraud exposed

Auto-suspension of GST registration for missing bank details

08 Dec 2025

Auto suspension, GST registration, Rule 10A, bank account details, GST compliance, registration issues, taxpayer advisory, GST portal update

Auto-suspension of GST registration for missing bank details

Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details as per Rule 10A

Large copper units hit by GST-evasion among section of recyclers

05 Dec 2025

copper industry, GST evasion, metal recyclers, copper recyclers, GST compliance, industrial impact, tax enforcement, manufacturing sector

Large copper units hit by GST-evasion among section of recyclers

Ap GST revenues decline in November after rate cuts and cyclone disruptions

05 Dec 2025

AP GST revenues, GST decline, GST rate cuts impact, cyclone disruptions, state revenue, Andhra Pradesh economy, GST collection trend

Ap GST revenues decline in November after rate cuts and cyclone disruptions

November a blip on GST trend, consider sin tax on junk food

05 Dec 2025

GST trend, November GST dip, sin tax proposal, junk food tax, indirect tax policy, government revenue, GST analysis

November a blip on GST trend, consider sin tax on junk food

GST reduction propel vehicle sales; EV’s lead growth in Kerala: FADA

05 Dec 2025

GST reduction, vehicle sales, EV growth, Kerala auto market, FADA report, automobile sector, GST impact, electric vehicles growth

GST reduction propel vehicle sales; EV’s lead growth in Kerala: FADA

GST rate rationalisation has largely fixed inverted duty structure, says Sitharaman

05 Dec 2025

GST rate rationalisation, inverted duty structure, Nirmala Sitharaman, GST reforms, tax structure, economic policy, GST updates

GST rate rationalisation has largely fixed inverted duty structure, says Sitharaman

No GST on leasing out residential premises as hostel for students: SC

05 Dec 2025

GST ruling, residential leasing, student hostel, Supreme Court decision, GST exemption, leasing services, tax clarity, hostel accommodation

No GST on leasing out residential premises as hostel for students: SC

Advisory on reporting values in Table 3.2 of GSTR-3B

05 Dec 2025

GSTR 3B, Table 3.2 reporting, GST advisory, GST compliance, outward supplies reporting, inter-state supplies, GST return filing, GST guidelines

Advisory on reporting values in Table 3.2 of GSTR-3B

05 Dec 2025

GSTR 9, GSTR 9C, GST annual return, GST audit, GST compliance, GST filing, annual return FAQs, GST 2024-25, GST taxpayers, GSTR 9 guide, GSTR 9C guide

FAQs on GSTR -9/9C for FY 2024-25

Punjab brick kilns hit by triple tax burden

04 Dec 2025

gst impact, brick kiln industry, punjab economy, coal taxation, mining royalty, technology compliance, rising taxes, industrial challenges, manufacturing sector, policy impact

Punjab brick kilns hit by triple tax burden

Rising taxes and falling brick kilns of Punjab: triple burden of GST on coal, mining royalty and new technology

Delhi student falls victim to GST fraud involving Rs 26 crore

04 Dec 2025

delhi student fraud, gst scam, tax fraud case, financial crime, pan misuse, gst investigation, cyber fraud, tax evasion scam