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KEY REFORM BILLS
GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...
GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin SapraEY partner Bipin Sapra said the GST Council’s latest reforms address input tax credit blockages, expand refunds, support exporters and stre...
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
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...
India imports 50% of gas needs, targets 10X CBG output: Hardeep Singh PuriIndia's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy de...
Employers face compliance hurdles as states delay notification of Labour Code rulesTen states and union territories have formally adopted some Labour Codes, creating compliance challenges for companies. Major industrial st...
National Traders’ Welfare Board pushes centralised loan portal, faster MSME creditThe Board called for stronger coordination between the Centre and states to address issues faced by traders and improve the implementation ...
Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
Delhi govt launches PM Surya Ghar portal; NDMC clears EVs, Ayush hospital, civic projectsDelhi launched a solar registration portal for rooftop installations and subsidies. The New Delhi Municipal Council approved electric vehic...
Uday Kotak lays out 7 priorities for Viksit Bharat, warns against economic complacencyVeteran banker Uday Kotak urged India to avoid complacency despite its strong global position, calling for tighter fiscal management, finan...
Private sector investment key for Viksit Bharat: DEA secretaryPrivate sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transform...
Uday Kotak calls for committee to address India's gold imports, sees FY27 bill at up to USD 90 bnUday Kotak urged India to address its substantial gold import bill. He projected gold imports could reach USD 88-90 billion by FY27. Kotak ...
Govt to talk to farmer groups before proceeding with proposed new seed billThe government is set to engage with farmer organizations regarding a forthcoming seed bill aimed at curtailing the distribution of counter...
Delhi govt nods Ease of Doing Business Bill providing for single window clearances, licensesThe Delhi Cabinet approved the 'Ease of Doing Business' Bill, 2025, aiming to simplify business registrations and approvals. This legislati...
Kazakhstan's new Parliament takes shape; to shape institution building in the countryKazakhstan's President Tokayev opened the new Kurultai, granting it broader legislative powers. This parliament will now help appoint key j...
Bangladesh govt must take immediate steps to end prolonged detention of Awami League leaders and others linked to former regime: HRWThousands were detained after the Awami League government stepped down last year. Many remain imprisoned without formal charges or due proc...