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GST COUNCIL 2026
Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
Gold tariff hike boosts grey market, hurts organised trade, says WGCIndia's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators...
June marks strong rebound in India's gem and jewellery exports, surging 26.51% year-on-yearOverall exports for the April-June quarter remained stable despite global economic uncertainties. Lower international gold prices helped In...
India's gem and jewellery exports rise 26.5% in June, shining at $2.21 billionIndia's gem and jewellery exports saw a significant rebound in June, increasing by 26.5 percent. Lower international gold prices and improv...
India's private credit turning mainstream, experts project massive headroom for alternative debt in IndiaThe Indian private credit market is rapidly becoming a mainstream asset class. This market is expanding at a robust thirty percent compound...
Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
'Five guarantee schemes will not be stopped': Siddaramaiah slams BJP for "false propoganda"Former Karnataka Chief Minister Siddaramaiah assures that the Congress party's five guarantee schemes will continue indefinitely. He labels...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh PuriThe Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petro...
Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
GoM may seek extension to conclude discussions and submit findings on compensation cessA Group of Ministers (GoM) may seek a three-month extension to conclude discussions on the future of the GST compensation cess beyond March...
MoS Finance likely to be convenor of GoM on GST compensation cessA Group of Ministers led by Union Minister Pankaj Chaudhary will rework the GST compensation cess nomenclature. The panel will suggest how ...
GST Council meet to discuss rate rationalisation on September 9, final decision later: FMFinance Minister Nirmala Sitharaman announced that the upcoming GST council meeting will address the rationalisation of tax rates, includin...
Centre may prepay market loans taken to compensate states for GST revenue loss during Covid yearsThe compensation cess was initially brought in for five years to make up the revenue shortfall of states, following the implementation of t...
GST Council to discuss on apportioning, renaming compensation cess beyond March 2026The GST Council will discuss the future of the compensation cess on luxury and demerit goods collected to repay loans taken by the Indian g...