From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...

Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized ...

Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up ...

GST 2.0 Rates Highlights: The new Goods and Services Tax (GST) rates have come into effect today, with a plethora of household items, cars, bikes, and TVs, among others, becoming cheaper. The changes, ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.

The Survey’s preface highlights that the government carried out “the most radical overhaul of the Goods and Services Tax since its inception in 2017” during 2025, placing GST reforms alongside major p ...

Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...

The recently announced Canada Groceries and Essentials Benefit will cost an estimated $12.4 billion over six years, according ...

The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.