Search For "goods and services"
Experts say GST collections show resilience after rate cuts; point to stab
Updated : 2 months, 1 week ago IST
The Goods and Services Tax (GST) data of December 2025 reflects resilience in India's tax collections despite steep rate cuts earlier in the year, with imports, steady domestic demand and higher refunds shaping the overall revenue picture, stated experts reacting positively to the GST num
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GST collections rise 6.1% to Rs 1.75 lakh crore in December
Updated : 2 months, 1 week ago IST
The Goods and Services Tax (GST) collections in December, in gross terms, rose 6.1 per cent to about 1.74 lakh crore compared to about 1.64 lakh crore in the same month last year, according to official data released Thursday.
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Delhi High Court demands explanation from Centre over GST cut on air purif
Updated : 2 months, 2 weeks ago IST
The Delhi High Court on Thursday held a fresh hearing in a public interest litigation seeking a reduction in Goods and Services Tax (GST) on air purifiers and deferred any interim directions, giving the Union government time to file a detailed counter-affidavit.
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Punjab's GST collections outpace national growth, says Harpal Singh Cheema
Updated : 2 months, 2 weeks ago IST
Punjab Finance Minister Harpal Singh Cheema on Thursday said the state has recorded a significant rise in Goods and Services Tax (GST) collections since the Aam Aadmi Party (AAP) government assumed office in 2022, attributing the growth to systemic reforms, technology-driven enforcement a
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India may miss the USD 1 trillion export target of FY26 as shipments lose
Updated : 2 months, 2 weeks ago IST
India is unlikely to achieve the ambitious target of USD 1 trillion in exports of goods and services in FY26, with global slowdown and protectionism weighing on merchandise shipments, economic think tank Global Trade Research Initiative (GTRI) Founder Ajay Shrivastava told ANI on Wednesday.
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Delhi High Court pushes for urgent GST Council Review on air purifier tax
Updated : 2 months, 3 weeks ago IST
The Delhi High Court on Wednesday urged the Goods and Services Tax (GST) Council to convene at the earliest to deliberate on whether air purifiers should be classified as medical equipment.
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GST oversight lacks: CAG report highlights CBIC shortcomings
Updated : 2 months, 3 weeks ago IST
The Comptroller and Auditor General of India (CAG) presented a compliance audit report on Goods and Services Tax (GST) for the year ended March 2023, highlighting several issues with the Central Board of Indirect Taxes and Customs (CBIC)'s oversight. The report, divided into four chapters
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President Putin, PM Modi have set target of USD 100 billion by 2030: Russi
Updated : 3 months, 1 week ago IST
Speaking to reporters, Maxim Oreshkin said, "President Putin and Prime Minister Modi have set the target of 100 billion USD by 2030. So this is the target we are working on. And we believe that the key source of this and that increase will come from India's export of goods and services go
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Parliament passes Manipur GST Bill; Nirmala Sitharaman says it will bring
Updated : 3 months, 1 week ago IST
Rajya Sabha on Tuesday returned the Manipur Goods and Services Tax (2nd Amendment) Bill, 2025, to Lok Sabha after a brief discussion
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Lok Sabha adjourned for the day amid continued sloganeering by Opposition
Updated : 3 months, 2 weeks ago IST
The first day of the winter session of Parliament saw repeated sloganeering, with the ruling party alleging that the Opposition MPs are not letting the house function. Between 11 AM to 2 PM, the house saw 3 total adjournments, and legislative business of just around 50 minutes took place.
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Manipur GST amendments taken up for consideration and passing in Lok Sabha
Updated : 3 months, 2 weeks ago IST
"The Central government amended the Central Goods and Services Act of 2017, particularly section 121 to 134 of the finance Act 2025. This was passed by Parliament and enacted in 2024. These changes also came into effect on October 2025 after more than half of the states updated their GST.
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Non-banking Financial Companies AUM to grow 18-19% as vehicle finance, hom
Updated : 3 months, 3 weeks ago IST
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
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