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GOODS AND SERVICES TAX COMPENSATION FUND
GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...12 Oct, 2026, 01.09 PM IST- Best tax saving mutual funds or ELSS to invest in October 2026Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if...12 Oct, 2026, 09.51 AM IST
- IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...11 Oct, 2026, 10.10 PM IST
- ET Alpha Wealth Summit 2.0: Radhika Gupta says financial products must address real investor needsRadhika Gupta, MD and CEO of Edelweiss Mutual Fund, says financial products should address specific investor needs rather than follow marke...10 Oct, 2026, 05.24 PM IST
- 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 ...10 Oct, 2026, 03.57 PM IST
- 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...10 Oct, 2026, 03.56 PM IST
- Govt withdraws key bank tax benefit on gold, silver and platinum importsThe Indian government did not extend a tax benefit for banks on imports of gold and other precious metals and they have been paying a 3% in...09 Oct, 2026, 11.24 AM IST
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...09 Oct, 2026, 11.21 AM IST
- ET Graphics: The GST playbook — milestones over 9 yearsFrom its rollout in 2017 to GST 2.0, India’s goods and services tax has evolved into a more digitised and predictable tax regime. Over nine...09 Oct, 2026, 12.58 AM IST
- 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...08 Oct, 2026, 12.29 PM IST
- 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...08 Oct, 2026, 12.25 PM IST
- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...08 Oct, 2026, 07.45 AM IST
- India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...07 Oct, 2026, 12.33 AM IST
- 57th GST Council meeting rescheduled for October 8 from October 7; to be held at Bharat Mandapam in New DelhiThe 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the ...05 Oct, 2026, 08.59 PM IST
- GST shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...05 Oct, 2026, 05.20 PM IST
- GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...05 Oct, 2026, 03.52 PM IST
- Ease of biz relief in store for small ecomm sellersThe Goods and Services Tax Council meeting is set to discuss proposals benefitting small ecommerce sellers. If approved, these sellers coul...05 Oct, 2026, 10.53 AM IST
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