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GST REFUNDS INCREASE
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...- Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
- India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increas...
- Colgate-Palmolive India Q4 profit down marginally to Rs 353 cr; FY26 revenue dips to Rs 6,124 crHowever, its sales were up 9 per cent to Rs 1,582.77 crore in the March quarter of FY26. It was at Rs 1,452.02 crore in the corresponding p...
- India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%April saw India's Goods and Services Tax collections soar to an impressive Rs 2.42 lakh crore, showcasing an 8.7% growth from the previous ...
- IMEC momentum to boost Karnataka exports amid global trade disruptionsBengaluru exporters are poised to thrive as the India-Middle East-Europe Economic Corridor gains traction. This innovative route presents a...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- Corrugated box manufacturers warn of severe cost surge, call for price revision and policy supportIndia's corrugated box makers are in crisis. Kraft paper prices have jumped 15-20 percent. Other materials like gum and ink are up 30-40 pe...
- West Asia conflict: Govt to setup weekly monitoring mechanism to track exim trendsThe government is establishing a weekly system to monitor export-import trends and industry stress. This move addresses concerns over suppl...
- West Asia crisis: Government plans weekly monitoring of EXIM flowsIndia's commerce ministry will launch a weekly system to monitor export-import trends and industry stress. This move addresses concerns ove...
- Despite rate reset, GST collection rises on strong consumptionIndia's Goods and Services Tax collections ended the fiscal year strongly. March collections surpassed two lakh crore rupees for the third ...
- Cancelling train tickets? Indian Railways has just changed the cancellation chargesIndian Railways has updated its ticket cancellation policy, introducing a tiered refund system based on departure time. Passengers cancelli...
- GST refund stress: MedTech sector flags cash crunch, seeks reliefIndia's medical device sector is facing severe financial strain, prompting an urgent plea to the government for expedited GST refund proces...
- Imports power growth: February GST collections rise 8.1% to ₹1.84 lakh croreIndia's Goods and Services Tax collection saw a significant rise of 8.1 percent in February, reaching ₹1.84 lakh crore. This growth was fue...
- April GST defies headwinds to post record-shattering mop-upIndia's GST collections reached a record ₹2.37 lakh crore in April, a 12.6% year-on-year increase, driven by strong domestic consumption an...
- GST collection growth slows in December showIndia's GST collections rose 7.3% to `1.77 lakh crore in December compared to the previous year. This growth slowed from an 8.5% increase i...
- GST collection has shown buoyancy and remarkable growth: ExpertsIndia's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overal...
- Refund issues play havoc on exporters’ bottomline in post-GST era, seek relief from Delhi HCAs far as Advance Authorisation (AA) is concerned, there is a benefit of exemption from payment of IGST on imports.
- Govt promises to disburse exporters’ Rs 20,000 crore refundsThe ministry said it will launch the second phase of refund in the fortnight beginning May 31 to fast-track clearances.
- Prabhu promises exporters to take up GST refund issueExporters are claiming that over 60 per cent of their refunds are still stuck with the government, which blocks their working capital.
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