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 ...
This article explains the role and powers of the GST Council in shaping tax policy. It highlights how its decisions directly affect prices, compliance, and ...
A key highlight was the reduction of GST rates on about 375 goods and services. India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...
As the Centre ends the GST compensation cess, here is a detailed look at how India's tobacco tax regime has evolved since 2014, spanning excise duties, GST rollout and the latest sin-goods overhaul.
On a cumulative basis, gross GST collections for the April–January period of FY26 rose 8.3% to ₹18.43 lakh crore. Net GST ...
The engineering exports industry proposes faster refunds and targeted green incentives to unlock cash flows, lower energy ...
The new levies will replace the 28% GST plus compensation cess that has applied to tobacco products since 2017. With the ...
Exempting life-saving cancer medicines from the Goods and Services Tax (GST) and raising taxes on tobacco products are key policy measures strengthening India’s public health framework, according to a ...
The Court allowed the assessee to seek revocation of GST cancellation and regularise returns after expressing willingness to clear dues. Bank accounts were ordered to be defreezed subject to statutory ...