This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

New Delhi: A renewed sense of enthusiasm and momentum has been felt across markets, industry, business circles, and among the general public, following recent reform in tax slabs of the Goods and ...

For the sake of fair comparison, December’s gross GST collection figures without compensation cess proceeds are compared with ...

Centric Tax Regime Introduction The End of the “Trial and Error” Era For nearly a decade, India’s Goods and Services ...

New GST: According to the Crisil report, rationalising GST rates will bring more goods and services under the formal tax net, thereby boosting tax collection in the medium term. GST 2.0: Following the ...

The government mopped up Rs 1.74 lakh crore in Goods and Services Tax, registering a growth of 6.1% year-on-year.

The council also clarified that all categories of electric vehicles, whether mass-market or luxury, will continue to attract a GST rate of 5%, with no additional cess The retention comes as a major ...

The GST collection has registered a growth despite the cut in tax rates that kicked in on September 22, as this has resulted ...

As the Centre ends the GST compensation cess, here is a detailed look at how India's tobacco tax regime has evolved since ...

Collections reflect stronger economic activity despite recent tax cuts, while new tobacco and pan masala levies come into ...

So far in 2025-26 (April-December), gross GST collections rose 8.6 per cent to about Rs 16.5 lakh crore, compared with Rs 15.2 lakh crore in the same period last fiscal. In this case also, all ...