Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...
The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
Starting September 22, 2025, the new goods and services tax (GST) rates have taken effect, which means GST-registered taxpayers must update their software and systems to accommodate the new rates.
One expert says the move is an effective way to transfer purchasing power back to households in the lower-income bracket.