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SERVICES TAX
GST Council meeting rescheduled to October 7 due to BRICS summitThe GST Council meeting has been rescheduled to October 7 due to the BRICS summit. This meeting will occur after a gap of over a year for t...
GST Council meeting likely to be postponed, say sourcesThe 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations wit...
Sebi's new sectoral debt fund category explained: Yields, tax and risksSEBI introduced sectoral debt funds allowing concentrated exposure in sectors like financial services and energy with high credit ratings. ...
Gold rate today: Check 18k, 20k, 22k, 24k gold prices (September 5, 2026) at Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJAGold rate today: Consumers are encouraged to verify purity and any additional fees prior to purchasing. The Indian Bullion & Jewellers Asso...
No tax tangle, FPIs keen to move G-Sec money next dayForeign investors are advocating for expedited remittance processes after the Indian government introduced tax exemptions on bonds. They ar...
GST returns, overseas investments, off-market stock deal come under AISThe Income Tax Department is set to enhance its Annual Information Statement by incorporating additional data. This revision extends to GST...
SBI ATM rules set to change from October 1, 2026: Free ATM transaction limit for these account holders cut from 10 to 5Beginning October 1, 2026, State Bank of India will implement a change in its policy regarding free ATM transactions for salary account hol...
Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
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. ...
Direct Tax Reforms: Parliamentary panel to meet tomorrow to discuss simplifying taxesA parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization...
Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
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...
Car sales jump 36% in August, companies gear up for festive boomIn India, passenger vehicle sales achieved impressive double-digit growth last month, spurred by automakers ramping up factory dispatches t...
I-T Department searches Dentsu Media Group premises in suspected tax evasion caseIn a sweeping operation, the Income-tax Department has searched Dentsu Media Group's offices throughout India. The focus primarily lies on ...
Will I inherit my family’s land in India if I become an NRI?ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire forei...
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,...
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 ...
GST Council's 57th meeting to be held on September 12, officers' meeting on September 11The 57th Goods and Services Tax Council meeting will convene on September 12, 2026. An Officers' Meeting will precede it on September 11 in...
ITAT rejects tax department’s FTS, royalty claims on Spencer Stuart’s executive search feesThe income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services und...
SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The...