The GST Council has ushered in significant reforms, including the removal of tax officials' arrest powers, a fivefold increase in the prosecution threshold, and the introduction of faster, automated ...
The GST Council, led by Finance Minister Nirmala Sitharaman, is set to introduce sweeping reforms aimed at decriminalising tax offences, scrapping arrest powers for GST officers, and simplifying compliance ...
India's Goods and Services Tax revenue saw an impressive 18.1 per cent annual increase in September, reaching Rs 1.77 trillion, primarily propelled by a significant surge in tax collections ...
The removal of Goods and Services Tax on individual health and life insurance has significantly boosted new policy purchases and expanded coverage levels across India, despite an initial surge ...
Indian insurance companies are set to experience a dip in profitability during the January-March quarter of FY26, primarily driven by the rationalisation of goods and services tax on retail ...
India's auto retail sector achieved a landmark year in FY26, recording an all-time high of nearly 3 crore vehicle sales, propelled by the transformative impact of GST 2.0 and ...
India's GST revenue experienced a robust surge in March, driven by increased imports and domestic sales, signaling a positive trend for fiscal stability despite looming global economic challenges. Illustration: ...
Last Updated:January 27, 2026, 17:46 ISTAyodhya's GST commissioner Prashant Kumar Singh decided to hand in his papers, saying this was in "favour of the government and to oppose Shankaracharya ...
The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual ...
Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions ...