- 05 Mar 2026 06:23 PM
- New
Punjab’s Own Tax Revenue Rises to ₹57,919 Crore in 2024–25, Says Cheema; GST, Excise and Stamp Duty Drive Growth
Punjab finance, excise and taxation minister Harpal Singh Cheema said on March 3, 2026 that Punjab has moved into the top three states in the country in revenue growth, attributing the change to higher own tax revenue and improved collections from excise, GST and stamp duty during the Aam Aadmi Party government’s term.
Read More- 02 Mar 2026 06:02 PM
- New
Centre, states collect GST revenue of ₹1.61 trillion in February after refunds
NEW DELHI: Central and state governments collected ₹1.61 trillion in Goods and Services Tax (GST) in February after refunds, marking a 7.9% year-on-year increase, official data released on Sunday showed.
Read More- 26 Feb 2026 06:35 PM
- New
Maharashtra GST Dept Lists of 10783 Non-Genuine Taxpayers as on 31.01.2026
As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over the years—and whether the latest revision fixes them.
Read More- 23 Feb 2026 06:19 PM
Mint Explainer | Why, despite a GST cut, Indian consumer durables sector is not celebrating yet?
As Indian consumer durables face a tough market, the much-anticipated GST cuts have failed to deliver the expected sales boost. Major companies like LG and Bluestar report significant profit declines, raising concerns about demand recovery.
Read More- 19 Feb 2026 06:43 PM
Good monsoon, GST rate cut, Chaitra Navaratri festival in March to drive record tractor sales of 1.17 mn units in FY26
New Delhi: A favourable Southwest monsoon, Goods and Services Tax (GST) reduction, and Chaitra Navratri festival, which is considered an auspicious period for vehicle purchases falling in March this year, is expected to push domestic tractor sales to an all-time record high of 1.17 million units in the current fiscal, said Hemal Thakkar, director, Crisil Intelligence.
Read More- 18 Feb 2026 06:42 PM
Monetary puzzle: Why cash in circulation has risen in India even as UPI transactions set new records
India’s cash in circulation hit a record ₹40 trillion in January, even as UPI transactions scaled yet another peak. What exactly is going on? Four explanations unpack a trend that should both reassure and caution policymakers.
Read More- 14 Feb 2026 05:39 PM
₹6.53 Crore ITC Fraud: Director Held for Availing Credit Without Goods Receipt
The Anti-Evasion Branch of the Central Goods and Services Tax (CGST), Delhi South Commissionerate, has arrested a director of a private limited company engaged in trading electronic goods for allegedly fraudulently availing Input Tax Credit (ITC) of ₹6.53 crore. The ITC was claimed on the basis of bogus invoices amounting to ₹36.28 crore issued by multiple firms, some of which were found to be non-existent, non-functional, or having suspended or cancelled GST registrations.
Read More- 14 Feb 2026 05:31 PM
Over with GST transition pain, FMCG cos now eye a long-term recovery
GST 2.0 was meant to spur spending, with expectations of a shift to premium and branded goods. Though big-ticket items have seen some traction, the wider consumption uptick remains elusive.
Read More- 12 Feb 2026 06:42 PM
What will drive Britannia’s growth after GST sugar rush fades?
Britannia’s Q3 growth got a lift from higher grammage packs after GST cuts, but rising regional competition and rich valuations mean long-term growth must come from adjacencies and e-commerce.
Read More- 11 Feb 2026 06:44 PM
Excise hike lights up margin, illicit trade risks for cigarette stocks
Analysts warn that higher taxes could squeeze margins, dent volumes and fuel illegal trade, even as demand remains resilient.
Read More