GST: News

29 Mar 2025

Business

GST compliance: Key deadlines to meet before March 31

Taxpayers and businesses are reminded of important Goods and Services Tax (GST) compliance deadlines that need to be fulfilled before March 31, 2025.

20 Mar 2025

Indian Government

New GST rules effective April 1: Key changes for businesses

The Indian government has announced major changes to the Goods and Services Tax (GST) rules, effective April 1, 2025.

09 Mar 2025

Nirmala Sitharaman

GST rates set to decrease further, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has announced that Goods and Services Tax (GST) rates will be reduced further.

04 Mar 2025

Business

Now, you can complete GST registration in home state

The Goods and Services Tax Network (GSTN) has revamped its biometric authentication process for new GST registration applicants.

01 Mar 2025

Hyundai Motor India

Hyundai Motor India slapped with ₹15cr tax demand notice

Hyundai Motor India has received a tax demand notice of ₹15 crore from the Goods and Services Tax (GST) authorities.

01 Mar 2025

Indian Government

India's GST collections rise by 9.1% in February

India's gross Goods and Services Tax (GST) collections for February have jumped by a whopping 9.1% to about ₹1.84 lakh crore, data released today showed.

25 Feb 2025

Mutual Funds

The GST effect: How it impacts your personal finances 

The introduction of the Goods and Services Tax (GST) has brought about a major shift in India's tax landscape, impacting multiple sectors, including personal investments.

17 Feb 2025

Indian Government

Investing in EV charging stations? Here are the tax benefits 

The Indian government is pushing hard for electric vehicles to combat pollution and reduce dependency on fossil fuels.

14 Feb 2025

Diwali

You can take business loans to manage seasonal demands: Details 

Why is it super important for Indian entrepreneurs to know the trends in seasonal business loans? Because those loans are key to handling cash flow and inventory during busy periods.

10 Feb 2025

India

GST evasion of over ₹1.88L crore detected between April-December 2024

The Central Goods and Services Tax (CGST) officers have detected a whopping Goods and Services Tax (GST) evasion of over ₹1.88 lakh crore.

02 Feb 2025

Ministry of Finance

January's GST collections stand at ₹1.72L crore, second-highest ever

India's Goods and Services Tax (GST) collections for January 2025 have hit ₹1.72 lakh crore, according to provisional data from the Ministry of Finance.

01 Feb 2025

Narendra Modi

'Band-aid for bullet wounds': Rahul Gandhi slams Union Budget 2025

Congress leader Rahul Gandhi has slammed the Union Budget 2025, terming it a "band-aid for bullet wounds."

28 Jan 2025

Arvind Kejriwal

'Time to end': Kejriwal seeks law against billionaire loan waivers  

Aam Aadmi Party (AAP) leader Arvind Kejriwal has written to Prime Minister Narendra Modi, asking him to introduce a law against loan waivers for billionaires.

15 Jan 2025

Union Budget

From tax cuts to GST: Expectations from Union Budget 2025

With the Union Budget 2025 just around the corner, middle-income households in India are hoping for some income tax revisions. These could go a long way in easing their financial burden.

Shares of gaming companies surge as SC halts GST notices

The Supreme Court of India has stayed Goods and Services Tax (GST) show cause notices amounting to ₹1.12 lakh crore to online gaming companies.

03 Jan 2025

Nirmala Sitharaman

Nirmala Sitharaman chairs pre-Budget 2025 consultation: Check key proposals

Finance Minister Nirmala Sitharaman will present the Union Budget for the fiscal year 2025-26 on February 1.

GST will not be applicable to gift vouchers and cards

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that prepaid vouchers, such as gift cards and digital wallets, are exempt from Goods and Services Tax (GST).

01 Jan 2025

Business

GST collection for December surges 7.3% YoY to ₹1.77L crore

India's Goods and Services Tax (GST) collection for December 2024, has seen a sharp 7.3% year-on-year rise, hitting ₹1.77 lakh crore.

31 Dec 2024

Business

GST annual return filing deadline today: Who needs to file?

The Goods and Services Tax (GST) annual return (GSTR-9) for the financial year 2023-24, is due today, December 31, 2024.

26 Dec 2024

Nirmala Sitharaman

18% GST on used cars: Who will bear the brunt

The recent hike in Goods and Services Tax (GST) on used cars from 12% to 18% has triggered a nationwide debate.

23 Dec 2024

India

How 18% GST could hurt demand for used cars

India's booming pre-owned car market is set to slow down. This comes after the Goods and Services Tax (GST) Council increased tax rates on used cars from 12% to 18%.

21 Dec 2024

Nirmala Sitharaman

Your health insurance premium will not become cheaper anytime soon

The Goods and Services Tax (GST) Council has deferred its decision on slashing the tax rate on life and health insurance premiums.

18 Dec 2024

Maharashtra

Modi government uncovers ₹26,540cr GST evasion

The Central Board of Indirect Taxes and Customs (CBIC) has unearthed a whopping ₹26,543 crore Goods and Services Tax (GST) evasion.

Your coconut oil for cooking should become cheaper now

Ending a 15-year-long legal battle between the Excise Department and manufacturers, the Supreme Court has ruled that small packets of coconut oil should be considered edible oil for taxation purposes.

17 Dec 2024

Zomato

Your online food deliveries in India may cost less soon

The Goods and Services Tax (GST) Council will discuss a possible cut in GST on food delivery charges at its 55th meeting on December 21.

17 Dec 2024

Insurance

Your life insurance premiums may become cheaper soon

The Goods and Services Tax (GST) Council will review the recommendations of the Group of Ministers (GoM) on insurance at its 55th meeting on Saturday (December 21).

17 Dec 2024

Bangalore

Bengaluru taxi scam: How 'Uber-like' app is duping passengers

A new airport taxi scam has surfaced at the Kempegowda International Airport in Bengaluru.

16 Dec 2024

Electric Vehicles

Buying a second-hand EV may cost you more next year

The Goods and Services Tax (GST) Council is mulling a proposal to hike the GST rate on old and used electric vehicles (EVs), as well as smaller petrol and diesel cars.

13 Dec 2024

Zomato

Zomato slapped with ₹803cr GST demand notice over delivery fees

Leading food and grocery delivery platform Zomato has received a tax demand notice of ₹803.4 crore from the Goods and Services Tax (GST) authorities in Maharashtra.

04 Dec 2024

India

How 28% GST is harming India's real money gaming industry

The online real money gaming (RMG) industry in India has witnessed a major slowdown, under the new Goods and Services Tax (GST) regime introduced last year.

03 Dec 2024

Business

Sin tax surge: Cigarettes, aerated drinks may face 35% GST

The Group of Ministers (GoM) has suggested increasing the Goods and Services Tax (GST) on aerated beverages, cigarettes, and tobacco products.

02 Dec 2024

India

GST collection this November up 8.5% YoY to ₹1.8L crore

India's Goods and Services Tax (GST) collection for November has increased by 8.5%, amounting to ₹1.82 lakh crore, government data released on Sunday revealed.