goods and services tax (gst)

Hyderabad, April 10 The DGGI, Hyderabad zonal unit, announced on Friday that it had arrested two individuals for allegedly running organized tax evasion rackets.One of the arrested individuals was identified as a key member and mastermind of an organized network involved in the creation of 48...

April 10, New Delhi: The World Bank has raised India's growth forecast from 6.3% to 6.6% for the current fiscal year, citing strong domestic demand and free trade agreements. In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia.The report also...

New Delhi, April 10 The Supreme Court on Friday confirmed its earlier order granting interim bail to journalist Mahesh Langa in a money laundering case linked to a matter involving alleged financial fraud filed by the Enforcement Directorate in Ahmedabad.The top court had granted Langa interim...

New Delhi, April 9 The World Bank has marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent, and said that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, headwinds arising from the Middle East...

New Delhi, April 8 The World Bank on Wednesday slightly raised India's growth projections for the 2026-27 fiscal year to 6.6 per cent, stating that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, the Middle East crisis could...

Thane, April 7 The Navi Mumbai Anti-Corruption Bureau (ACB) has arrested a Goods and Services Tax (GST) official and his associate for allegedly accepting a bribe of Rs 9,000 from a software developer, an official said on Tuesday.Based on a complaint, Amit Bhanudas Giri (45), a Class 2 officer...

Meerut/Bahraich (UP), April 6 – Three individuals have been arrested in Meerut and Bahraich districts, uncovering two separate multi-crore GST fraud rackets worth over Rs 27 crore, officials said on Monday.The accused in Meerut, identified as Wasim Akram alias Monu (38), had amassed input tax...

Meerut (UP), April 6 Police in the Meerut district have arrested a member of a gang, uncovering a multi-crore GST fraud racket, officials have said.The accused had accumulated input tax credit (ITC) by generating fake invoices through fictitious companies, causing a revenue loss of...

New Delhi, April 1 The PHDCCI, an industry lobby group, proposed targeted reforms on Wednesday, including the introduction of a unified annual return by integrating multiple corporate filings into a single simplified form, for companies operating in the heavy industries sector, particularly for...

JAMMU, April 1, 2026: The report is divided into three chapters. Chapter 1 provides an overview of the Government of Jammu and Kashmir's revenue receipts. Chapter 2 highlights key findings from the performance audit of the Goods and Services Tax (GST) E-Way Bill system. Chapter 3 covers...

New Delhi, April 1 Gross GST collections grew by 8.8 per cent to over Rs 2 lakh crore in March, driven by tax revenues from both domestic sales and imports, according to government data released on Wednesday.The gross Goods and Services Tax (GST) collection reached Rs 1.83 lakh crore in March...

Kovilpatti (Tamil Nadu), March 31 AIADMK chief Edappadi K Palaniswami has said his party would push for a reduction in the GST rate for the match industry in order to support the sector.Addressing a campaign in Kovilpatti in Tuticorin district on Monday night, he said his party has sought a...

Bagalkot, March 28 – Former Chief Minister and Bharatiya Janata Party Member of Parliament Basavaraj Bommai accused the Siddaramaiah-led government of mismanaging the state's economy and exhibiting "arrogance" by not attending a meeting convened by Prime Minister Narendra Modi.Addressing a...

New Delhi, March 26 The Central Information Commission (CIC) has advised the GST Policy Wing of the Central Board of Excise and Customs to "examine the feasibility of developing appropriate mechanisms, guidelines, or public advisories" to enhance transparency and public awareness in GST...

Amaravati, March 26 The Directorate General of Goods and Services Tax Intelligence (DGGI) has arrested two individuals linked to a large-scale fake Input Tax Credit (ITC) racket as part of an intensified crackdown on organized GST evasion.The arrests were made by DGGI's Visakhapatnam Zonal...

National Seminar on the Socio-Economic Impact of GST on the Middle Classes and the Emerging Middle ClassesBhubaneswar, March 25, 2026The Nabakrushna Choudhury Centre for Development Studies (NCDS), Bhubaneswar, successfully hosted a national seminar on March 25, 2026, titled "The...

New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that the Union Budget includes several "supportive" measures for the middle class and MSMEs, and the government is moving forward with reforms based on conviction and clarity, rather than compulsion.In response to...

New Delhi, March 23 DBS Bank India announced the launch of its direct tax payment facility on Monday, following authorization from the Central Board of Direct Taxes (CBDT).The bank will now be able to collect direct tax payments on the TIN 2.0 platform, in addition to its existing capability...

New Delhi, March 23 Reforms in the Goods and Services Tax (GST), such as reducing tax rates on waste management services and biodegradable products, will accelerate the adoption of eco-friendly manufacturing, strengthen waste treatment infrastructure, and promote sustainable mobility solutions...

New Delhi, March 19 ICICI Bank said on Thursday that tax authorities have issued a demand notice of ₹768.6 crore against it for alleged short payment of GST.On March 18, 2026, ICICI Bank received an order under Section 74 of the Maharashtra Goods and Services Tax Act, 2017, from the Additional...