The proposals, covering both direct and indirect taxes, aim to consolidate India's fiscal gains, reduce litigation, and align the country's tax architecture with its ambition of becoming a developed economy under the Viksit Bharat 2047 vision, the industry chamber said in a statement after m
In a step towards simplification, transparency, and enhancing Ease Of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) consolidated 31 separate Customs Duty notifications into a single comprehensive document.
The Central Board of Indirect Taxes and Customs has extended the GSTR-3B filing deadline to October 25, 2025 for both monthly filers (September 2025) and quarterly filers.
In a post on X, the department stated that, based on the report's findings, the Central Board of Indirect Taxes and Customs has initiated a thorough investigation, expected to be completed within 4-6 weeks, to probe alleged irregularities.
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
Prices of everyday goods and services could start to come down in the coming days, as recent cuts in indirect taxes by the government begin to show their effect, according to a report by Bank of Baroda (BoB).
India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said in an exclusive interview.
The GST was introduced in India on July 1, 2017. It replaced multiple indirect taxes with a single nationwide system, helping create a common national market and reducing the cost of doing business.
Minister of State for Finance Pankaj Chaudhary, Revenue Secretary Arvind Srivastava, Central Board of Indirect Taxes and Customs Chairman Sanjay Agarwal and other members of the board were also present during the inauguration.
India's economy recorded strong growth in the fourth quarter of FY25, mainly due to a sharp rise in net indirect taxes, stated a report by State Bank of India.
In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled "Sundays on Cycle" under the aegis of FIT INDIA movement launched by the Prime Minister, Narendra Mo
The Central Board of Indirect Taxes and Customs (CBIC) issued 6,677 appointment letters on Saturday during the 15th edition of the Rozgar Mela, reinforcing its commitment to strengthening the government workforce and supporting the vision of a developed India.