Indian economic growth is expected to stay robust going into 2026, supported by both monetary and fiscal interventions, according to a report by Standard Chartered.
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.
Prime Minister Narendra Modi on Friday highlighted the Central government's reforms, such as simpler tax laws, modern labour codes, increased rural employment and others in 2025 and expressed commitment to boosting "ease of living".
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
The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the festive season, even as new card issuance remained healthy, according to a report by Asit C. Mehta Investment Intermediates Limited (ACMIIL), a SEBI-registered stock broker.
Kapil Madan, the petitioner in a PIL related to air pollution, told the Delhi High Court that the plea seeks a reduction in GST on air purifiers from 18 per cent to 5 per cent.
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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The court was hearing a public interest litigation filed by advocate Kapil Madan, seeking recognition of air purifiers as medical devices and a corresponding reduction in GST. Senior Advocate Arvind Nayar appeared on behalf of the petitioner.
Congress MP Rahul Gandhi on Wednesday criticised the BJP government for policies he claims have hurt small businesses, particularly targeting the Vaishya community.
The impact of GST 2.0 was reflected quickly in tax collections and consumption indicators. Gross GST collections rose to Rs 1.96 trillion in October 2025, registering a 4.6% year-on-year increase, after the new tax structure came into effect.
States will soon be able to estimate their economic growth more accurately using real-time tax filing data, a senior government official said Monday, as India prepares to unveil a revamped system for measuring national output.