ICICI Bank receives Rs 229 crore GST demand over minimum balance servicesICICI Bank has received a show cause notice from GST authorities regarding a ₹229.14 crore demand. This demand pertains to services provide...
01 Oct, 2026, 05.15 PM IST
Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
01 Oct, 2026, 03.27 PM IST
Fiscal path hinges on direct taxes as customs, excise revenues face pressure: ReportIndia's fiscal trajectory will increasingly depend on the strength of direct tax collections due to lower customs duties. Indirect tax reve...
01 Oct, 2026, 08.37 AM IST
Sebi, RBI join hands to make onboarding easier for FPIsIn a proactive move, the Securities and Exchange Board of India has teamed up with the Reserve Bank of India to enhance various regulatory ...
01 Oct, 2026, 05.30 AM IST
Ecommerce's festive push; Vertex's AI betsHappy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning...
30 Sep, 2026, 09.00 AM IST
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
30 Sep, 2026, 12.06 AM IST
India’s international trade in times of AIThe Age of AI needs trade governance that deploys natural intelligence in conjunction with artificial intelligence for a quantum jump in sp...
28 Sep, 2026, 11.01 AM IST
After GST exemption, retail policy base rises 11% for Star HealthExempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health repor...
27 Sep, 2026, 09.26 PM IST
India-UK trade deal: CBIC eases paperwork for UK imports seeking preferential tariffsThe CBIC has made it easier for importers to claim preferential tariffs under the India-UK trade agreement. A valid origin declaration from...
25 Sep, 2026, 09.36 PM IST
Online fake goods sale: Scrutiny amplified ahead of festive rushAuthorities are increasing scrutiny of online sellers and imports before the busy festive shopping period. The Central Board of Indirect Ta...
22 Sep, 2026, 12.33 AM IST
AI, tech to scan cargo without disrupting trade: CBIC ChairmanThe shift is aimed at moving customs enforcement from physical inspection towards intelligence-led, technology-driven risk assessment, he s...
17 Sep, 2026, 11.55 PM IST
CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flowThe CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just thre...
16 Sep, 2026, 11.57 PM IST
CBIC to step up outreach as EMI scheme struggles to attract manufacturersThe CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been subs...
16 Sep, 2026, 12.12 PM IST
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...
16 Sep, 2026, 11.57 AM IST
GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claimsThe CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...
09 Sep, 2026, 10.20 PM IST
Customs portal aims to curb divergent assessment practicesThe Central Board of Indirect Taxes and Customs has introduced an innovative digital repository designed to assist importers and customs br...
05 Sep, 2026, 12.14 AM IST
CBIC eases documentation norms under Eligible Manufacturer Importer schemeThe CBIC has simplified enrolment under the Eligible Manufacturer Importer scheme, cutting required documents from 10 to three. From Septem...
04 Sep, 2026, 04.38 PM IST