GST 2.0's next move: Council may scrap officers' arrest powers, raise prosecution bar to Rs 5 croreThe GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Cr...
04 Oct, 2026, 07.14 PM IST
GST relief for gaming companies raises hopes across the sectorTax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court rul...
03 Oct, 2026, 12.18 AM IST
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
02 Oct, 2026, 12.55 AM IST
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
01 Oct, 2026, 06.07 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
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
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
25 Sep, 2026, 09.01 AM IST
GST Council to take view on 18% levy on UPI merchant fees: ReportThe GST Council will meet on October 7 to discuss GST levy on UPI merchant fees exceeding Rs 2,000. The government has proposed a 0.4 perce...
24 Sep, 2026, 10.12 PM IST
UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customersThe government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...
18 Sep, 2026, 05.46 PM IST
FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...
17 Sep, 2026, 06.41 PM IST
Delhi Police issues security advisory ahead of BRICS Summit 2026; citizens told to stay alertDelhi Police on Monday issued a security advisory ahead of the 18th BRICS Summit in New Delhi on September 12-13, asking citizens to remain...
07 Sep, 2026, 08.13 PM IST
"When knowledge is shared, innovation grows": MEA highlights India's BRICS Chairship focus on innovation, resilienceIndia's BRICS Chairship 2026 will prioritise innovation and knowledge sharing among member nations. Digital infrastructure and artificial i...
06 Sep, 2026, 07.51 PM IST
GST Council meeting rescheduled to October 7 due to BRICS summitThe GST Council meeting has been rescheduled to October 7 due to the BRICS summit. This meeting will occur after a gap of over a year for t...
06 Sep, 2026, 06.47 PM IST
GST Council meeting likely to be postponed, say sourcesThe 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations wit...
06 Sep, 2026, 11.50 AM IST
India's gross GST revenue up 14.8% on year to nearly Rs 2 lakh crore in AugustIndia’s gross GST revenue rose 14.8% year-on-year to Rs 1.99 lakh crore in August 2026, up from Rs 1.74 lakh crore a year earlier. However,...
01 Sep, 2026, 12.22 PM IST
GST Council to hold 57th meet on Sept 12 with ITC, simplifying the GST corporate guarantees & more on agendaThe GST Council will meet on September 12 to discuss key reforms. Proposals include easier input tax credit access for buyers and simplifie...
30 Aug, 2026, 07.50 AM IST
GST Council's 57th meeting to be held on September 12, officers' meeting on September 11The 57th Goods and Services Tax Council meeting will convene on September 12, 2026. An Officers' Meeting will precede it on September 11 in...
29 Aug, 2026, 04.07 PM IST