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GST COLLECTIONS
Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...- 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-...
- Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata CapitalIndian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swaye...
- Petrol loses its crown as alternative fuels overtake it in India’s record August auto salesAugust 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative ...
- ETMarkets Smart Talk | Don't dismiss 7.8% GDP growth as a statistical upgrade; the acceleration is real: Garima KapoorAccording to Garima Kapoor, Deputy Head of Research and Economist at Elara Capital, it would be wrong to dismiss the growth number as merel...
- PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
- Auto industry remains a key driver of growth for India's economy: SIAM presidentIndia's automotive sector achieved record domestic sales across multiple segments in FY2025-26. Passenger vehicles and two-wheelers saw the...
- DGGI seeks payment trail to crack down on illegal betting networksThe DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps e...
- Healthy consumption: GST collections surge to Rs 2 lakh crore, car sales jump 36%India's economic indicators showed resilience and growth in August. Goods and services tax collections rose 14.8 percent to ₹2 lakh crore. ...
- Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
- Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: ReportIndia's fiscal position remains comfortable in early FY27 months. Slower nominal GDP growth could pressure the fiscal deficit target. Gover...
- GST, auto sales, UPI data point to resilient growth in AugustIn August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enth...
- Can a right to collect toll become taxable payment? The GST questionA Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
- 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,...
- Maruti Suzuki plans Rs 77,500 crore capex over 5 years to boost demand post-GSTMaruti Suzuki will invest Rs 77,500 crore in capital expenditure over five years. This significant investment aims to capitalize on anticip...
- Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA NageswaranIndia's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food ...
- Market wrap: Sun Pharma, Nestle India, ITC, Adani Ports top gainers and losers on Nifty and Sensex on MondayIndian benchmark indices ended lower on Monday, with the Sensex falling 307 points and the Nifty50 declining 0.39% amid rising US bond yiel...
- Sensex falls 300 points, Nifty closes below 24,100 as oil, Fed fears weigh. What lies ahead?On Monday, Indian stock markets dipped, largely swayed by international factors affecting investor confidence. Heightened concerns over inc...
- GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti ChairmanMaruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 m...
- 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...
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