The high-level consultation formed a critical part of the Commission's ongoing assessment of the financial landscape of the Centre and States. The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The
The central government is on course to meet its fiscal deficit target of 4.8 per cent of GDP for the financial year 2024-25 (FY25), according to a report by Bank of Baroda.
Gross Goods and Services Tax (GST) collections for February 2025 saw a significant increase of 9.1 per cent compared to the same month last year, reaching approximately Rs 1.84 lakh crore, as per government data released Saturday.
The Special Economic Offence Court of Jaipur, Rajasthan, has granted bail to Ghasi Lal Chaudhary in connection with the alleged Rs 700 crore GST evasion case.
After considering the issue by discussing the ratio in various judgments, a bench of the Chief Justice of India Sanjiv Khanna and Justices Bela M Trivedi and MM Sundresh rejected the challenge to the constitutional validity and the right of the authorised officers under the Customs Act and t
NCAER Director General Dr Poonam Gupta said, "Moderation in inflation (headline inflation to 4.3 per cent) has opened up more policy space. The agriculture sector is also exhibiting much-needed resilience, which bodes well for both inflation control and rural push to the economy."
In an anti-corruption operation, the Delhi Police's Anti-Corruption Branch (ACB) has arrested two individuals, including a government stenographer, for allegedly demanding a bribe in connection with the revocation of a GST registration suspension.
Directorate General of GST Intelligence (DGGI), Pune Zonal Unit, has uncovered a massive GST fraud amounting to Rs 1,196 crore and has arrested one person in connection with the case.
Congress leader and Wayanad MP Priyanka Gandhi on Tuesday slammed Union Finance Minister Nirmala Sitharaman's address in Parliament, saying she's "living on a different planet" for claiming there's no rise in unemployment or prices.