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
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
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
28 Sep, 2026, 03.18 PM 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
FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
18 Sep, 2026, 07.04 PM IST
UPI MDR may attract 18% GST; eligible merchants can claim input tax creditEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
16 Sep, 2026, 08.14 PM IST
UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax creditUPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...
16 Sep, 2026, 06.39 PM IST
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...
10 Sep, 2026, 12.55 AM IST
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-...
09 Sep, 2026, 10.20 PM IST
ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillaryLast week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narr...
09 Sep, 2026, 08.00 PM IST
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. ...
02 Sep, 2026, 06.39 PM IST
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...
02 Sep, 2026, 06.00 AM IST
- Can a right to collect toll become taxable payment? The GST question
A Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
01 Sep, 2026, 11.17 PM IST
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,...
01 Sep, 2026, 12.22 PM IST
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 ...
31 Aug, 2026, 07.23 PM IST
India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shockIndia’s GDP grew 7.8% in Q1 FY27, slower than the revised 8.6% in Q4 FY26, but faster than the revised 6.9% in Q1 FY26. The Q1 growth beat ...
31 Aug, 2026, 06.56 PM IST