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No proposal to cut GST on farm equipment, says Finance Ministry; decision rests with GST Council

No proposal to cut GST rate, GST Council yet to decide: Finance Ministry clarifies

The Finance Ministry has clarified that there is no proposal to reduce GST rates on farm equipment, stating that any…

Updated: July 22, 2025 18:24 IST

India-US, BTA, CII, economy, Foxconn Technology, goods and services tax, GST, FTA

Tricky areas may not be covered under initial India-US BTA: CII president

India-US bilateral trade agreement may exclude tricky areas in initial phase, says CII President Rajiv Memani. He urges a balanced…

July 3, 2025 19:13 IST

India's GST Collections Grow 6.2% in June Amidst Softening Demand and Geopolitical Concerns. (Image Source: Reuters)

GST revenue growth moderates to 6% in June

India’s Gross Goods and Services Tax (GST) collections for June (May transactions) reached Rs 1.85 lakh crore, a 6.2% year-on-year…

July 1, 2025 18:51 IST

Eight Years of GST: India's Fiscal Revolution Continues with Focus on Rate Rationalization, Tribunal & Tech-Driven Compliance. (Image Source: Fe)

GST@8: Promise, progress, and possibilities

As India celebrates eight years of GST, the landmark tax reform has significantly matured, driven by the GST Council’s consensus-based…

June 30, 2025 21:45 IST

GST @ 8: India Inc. Endorses Landmark Tax Reform, Calls for "GST 2.0" to Fuel Next Phase of Economic Growth. (Image Source: Freepik)

A transformative growth journey

The story of GST is the story of India’s ambition to create a seamless, scalable and sustainable economy.

June 30, 2025 21:35 IST

April-May fiscal deficit barely 1% of FY26 target. (Image Source: Freepik)

Gross tax receipts grow 12% despite I-T relief on strong GST

India’s fiscal deficit for April-May FY26 has impressively shrunk to just 0.8% of its annual target, the lowest since 1997,…

June 30, 2025 20:32 IST

On June 20, the CBIC meeting will scrutinize timely GST and Customs refund processing, cargo clearance dwell times and others. (Image Source: Fe)

Sitharaman to hold key meetings with I-T, GST, customs officers

Finance Minister Nirmala Sitharaman is scheduled to meet with top income tax, GST, and customs officials to review performance and…

June 14, 2025 06:09 IST

GST, GST collection, GST revenue, exports, imports, GST refund, geopolitical factors, consumer spending

GST exemption on Rs 5 lakh health insurance? What the big tax relief could mean for middle-class Indians

Decision on tax exemption on insurance possible in GST Council meeting, health insurance policy up to Rs 5 lakh can…

June 13, 2025 16:28 IST

gst, tax, economy, Goods and Services Tax Council, life insurance tax

GST Council to take up slabs rejig, compensation cess at next meet

GST Council to discuss rate rationalisation, simplification, and future of compensation cess in upcoming meet. Key proposals include merging 12%…

May 23, 2025 20:42 IST

GST, GST collection, taxpayers, tax regime, monthly collection

Mandatory e-filing, hybrid hearing part of rules for GST appellate tribunals

Centre notifies GST Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings for faster GST dispute resolution. New guidelines streamline…

April 26, 2025 05:11 IST

GST, income tax, supply chain, IPO, startups, strategic deals, financial investor

‘Consumer startup growth isn’t at deep tech’s expense,’ says VS Kannan Sitaram

Fireside Ventures’ VS Kannan Sitaram discusses why consumer startup growth isn’t hurting deep tech, new focus areas like sustainability and…

April 20, 2025 22:06 IST

Information integrity, development, growth, GDP, GST data

Information integrity in economic data: A crucial reform for India’s growth and development

NSO move to use GST data to estimate GDP is welcome; problems of India’s economic statistics need urgent fix.

March 28, 2025 03:00 IST

GST, value added tax, VAT, European Union, EU, economy, GST return

GST needs an extensive review

India’s GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by addressing policy and…

March 28, 2025 01:00 IST

Insurance GST likely to be slashed to 5%. (Image Source: Freepik)

GST on insurance may be slashed to 5%

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums…

March 23, 2025 19:19 IST

An income-wise guide to long-term wealth creation. (Image Source: Freepik)

Your Money: From pay check to prosperity

Financial success is about earning, retaining, and growing wealth. With Budget 2025 amendments impacting tax obligations, understanding these updates is…

February 22, 2025 02:45 IST