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Searched Tag: gst

From left, in front row, Samajwadi Party President Akhilesh Yadav with his party leaders and Union Minister and Lok Janshakti Party (Ram Vilas) chief Chirag Paswan and other members in the well on the first day of the Winter Session of Parliament, in New Delhi.

Centre to table Central Excise Amendment Bill in Parliament

December 2, 2025, 09:33 AM - 4 min read

Finance Minister Nirmala Sitharaman tabled the bill in the Lok Sabha amid persistent Opposition sloganeering demanding an immediate discussion on the Special Intensive Revision (SIR) of electoral rolls being conducted by the Election Commission of India.

GST collections surge to Rs 1,70,276-cr in November

December 1, 2025, 04:06 PM - 2 min read

Import-related IGST went up 10.2 per cent to Rs 45,976 crore, taking total gross GST revenue to Rs 1,70,276 crore, up 0.7 per cent from November last year

The rate of growth in GST collections in year-on-year terms in October at 4.6 per cent is, however, lower than about 9 per cent average growth that the collections saw in the previous months

Festive buying spikes GST collections, albeit at a slower rate

November 1, 2025, 04:07 PM - 2 min read

According to the government data released on Saturday, gross GST mop-up in October was about ₹1.96 lakh crore, a 4.6 per cent higher over ₹1.87 lakh crore collections in October 2024

Meanwhile, in another update, the GST Network (GSTN) said that businesses will not be able to file GST returns which are due for three years or more, beginning the November tax period

Quick GST registration for small, low-risk businesses: GST Dept

November 1, 2025, 12:38 PM - 3 min read

A simplified registration scheme for small and low-risk businesses whose output tax liability does not exceed ₹2.5 lakh per month was approved by the GST Council in its September 3 meeting

President Droupadi Murmu and Prime Minister Narendra Modi exchange Diwali greetings, in New Delhi.

'Op Sindoor' upheld righteousness, avenged injustice: PM Modi

October 21, 2025, 02:39 PM - 4 min read

Reflecting on the teachings derived from the life of Lord Ram, PM Modi emphasised the values of righteousness and courage in confronting injustice. He specifically referenced Operation Sindoor as a contemporary example of these principles in action.

Meanwhile, the government has been monitoring price cuts in 54 items across the country since the lower GST rates came into effect on September 22, the minister said, adding that complaints relating to non-reduction in prices are being dealt with seriously

GST rate-cut prompted more buying; govt monitoring price cuts: FM

October 18, 2025, 03:28 PM - 3 min read

At a press conference on ‘GST Bachat Utsav’ on Saturday, Union Finance Minister, Nirmala Sitharaman said September’s Goods and Services Tax (GST) system overhaul had benefited consumers and buoyed their ease of spending on essentials

File photo of Tripura Chief Minister Manik Saha addressing a gathering.

GST reforms spurred rise in Tripura’s revenue: CM

October 9, 2025, 05:40 PM - 3 min read

Tripura Chief Minister Manik Saha credited GST for boosting revenue and easing the tax burden, calling it a “people-friendly reform” that strengthened both state and national economies.

J&K collects ₹8,860-cr till August, GST tops with ₹3,408-cr

September 29, 2025, 01:57 PM - 2 min read

According to statistics, the goods and services tax (GST) emerged as a major contributor, generating Rs 3,408.14 crore, which accounts for nearly 56 per cent of total tax revenue.

Prime Minister Narendra Modi addressing the nation from Itanagar, Arunachal Pradesh on Monday.

GST 2.0 to benefit every section of society, says PM Modi

September 22, 2025, 05:54 PM - 3 min read

PM Modi on Monday said that next-generation GST reforms will benefit every citizen, ease compliance, boost savings, and urges shopkeepers to promote Made-in-India products.

Senior Congress leaders Pawan Khera, Rahul Gandhi and Jairam Ramesh at a press conference in New Delhi on Monday.

GST reform ‘eight years late, half-hearted’, says Congress

September 22, 2025, 04:03 PM - 4 min read

Congress called GST reforms “too late and too limited”, warning that consumers may not benefit from reduced rates and branding the move a half-step, not the “GST 2.0” India needs.

RBI urged to cut rates in September amid low inflation

September 22, 2025, 10:33 AM - 3 min read

With inflation set to fall to its lowest level since 2004 alongside the impact of GST rationalisation and India-US trade talks back on track, a rate cut in September would be the Reserve Bank of India’s best possible option, the State Bank of India said in a report on Monday.

Modi urges swadeshi push as GST cuts boost festive demand.

PM's 'Bachat Utsav' marks the new GST rate regime

September 22, 2025, 09:12 AM - 3 min read

Prime Minister Narendra Modi on Sunday said Indians stand to save ₹2.5 lakh crore through the revised Goods and Services Tax rates that came into effect on 22 September, coinciding with the start of Navratri.