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IMPORT GST COLLECTIONS INDIA
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- India's Gross GST collection ticks up 14.7% in September to Rs 2.04 lakh croreThe Indian government reported a 14.7% increase in GST collections for September 2023 compared to last year. Maharashtra topped the states ...01 Oct, 2026, 11.57 AM IST
- Claude, New Yorker, Bandcamp: RBI rules leave international card payments in grey areaNew regulations from the Reserve Bank of India will mandate reporting of international credit card transactions starting October 1. Consume...01 Oct, 2026, 01.01 AM IST
- Check gate before the horse boltsIndia is facing challenges in managing foreign remittances, particularly concerning fraudulent transactions and proper certification. A pro...30 Sep, 2026, 11.08 PM IST
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...30 Sep, 2026, 09.37 PM IST
- Govt extends import price curbs on two pharma raw materialsThe Directorate General of Foreign Trade has announced an extension of the minimum import price validity period. This extension will apply ...30 Sep, 2026, 08.45 PM IST
- India business confidence rises 8% in September despite global headwinds: ASSOCHAMIndia's business landscape showed remarkable resilience as confidence levels surged by 5.6% in the first half of FY27 according to the ASSO...30 Sep, 2026, 04.29 PM IST
- India a 'bright spot' amid uncertainty: Shaktikanta DasIndia recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7....30 Sep, 2026, 12.32 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
- Delhi man filing ITR found ₹79 crore unidentified income linked to PAN: Tax details show a Mumbai firm was using his credentials. Know what you should do in this situationA Delhi resident found that his PAN and identity information were used to register a fraudulent business. The GST registration, linked to a...29 Sep, 2026, 02.05 PM IST
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...28 Sep, 2026, 04.37 PM IST
- HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressuresIndia's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts...28 Sep, 2026, 01.43 PM IST
- India remains net importer of finished steel in Apr-Aug; buys commodity worth Rs 36k croreIndia imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in f...25 Sep, 2026, 03.07 PM 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
- As SMEs digitise and expand globally, foreign banks have a crucial role to play: DBS Bank India’s Divyesh DalalDBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...23 Sep, 2026, 11.53 AM IST
- States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: CrisilRevenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore,...22 Sep, 2026, 05.00 PM IST
- Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...22 Sep, 2026, 03.46 PM IST
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