- 29 Apr 2026 06:13 PM
- New
India’s economy has boomed but not generated jobs—can the country escape its ‘0.01 trap’?
With very few jobs being created by GDP expansion, India’s current path could see its economy double in size without uplifting people’s lives. There is a way out of this disappointing state of affairs, but it requires policymakers to make hard choices.
Read More- 28 Apr 2026 06:00 PM
- New
Why Google-Adani, Reliance are turning to Vizag for building billion-dollar AI data centre hubs
Reliance Industries is set to invest $17 billion (or ₹1.6 lakh crore) to build a 1.5-gigawatt data centre cluster in Visakhapatnam, Andhra Pradesh, The Economic Times has reported. Once set up, it is expected to be India’s largest data centre cluster, after Google’s 1GW facility being built at a cost of $15 billion in the same region.
Read More- 23 Apr 2026 06:13 PM
- New
Representation on Cancellation of GST Registration & Refund Processing
The Sales Tax Bar Association submitted a representation to the Department of Trade and Taxes, GNCT of Delhi highlighting practical issues in GST registration cancellation and refund processing. It sought clarification on whether the ₹2.5 crore ITC threshold for assigning proper officers should be calculated annually or cumulatively, noting that a cumulative approach could unfairly impact small taxpayers and delay genuine cancellation requests such as business closure or financial distress.
Read More- 21 Apr 2026 06:15 PM
Mastermind Arrested for ₹1,825 Crore GST Refund Fraud via Fake ITC & Bogus Exports
Officials of the Directorate General of GST Intelligence (DGGI), Ahmedabad Zonal Unit, arrested the alleged mastermind of a massive GST refund fraud of approximately ₹1,825 crore at Indira Gandhi International Airport upon his return from Dubai.
Read More- 21 Apr 2026 06:06 PM
Worker protests: How higher wages and the viability of industry can be the win-win India needs
Labour protests broke out in Uttar Pradesh over the absence of wage hikes, escalating into clashes with law enforcement in industrial zones like Noida.
Read More- 21 Apr 2026 06:11 PM
GSTR-3B March 2026 filing: Was the 20 April deadline extended? What happens if you miss due date?
Amid widespread reports of technical glitches, the Goods and Services Tax (GST) Network indicated on its portal that it is “considering” a one-day extension for filing GSTR-3B for the March 2026 tax period. This comes after many chartered accountants and tax professionals flagged portal issues that disrupted return filing in the final days before the deadline.
Read More- 21 Apr 2026 05:58 PM
GST intelligence unearths ₹1,800 crore tax credit fraud
Investigations showed that a well-structured arrangement was used to fraudulently claim input tax credit and subsequently encash it through refund claims on zero-rated supplies, that is, exports.
Read More- 20 Apr 2026 06:55 PM
FMCG sector likely to deliver a healthy performance in Q4FY26. Here's why
The FMCG sector is also expected to deliver a healthy performance in Q4FY26, supported by post-GST volume recovery, easing agri-input costs, and resilient domestic demand.
Read More- 20 Apr 2026 06:58 PM
Uttar Pradesh could act as a role model for a fiscal approach that eschews risk-raising populist budgets
India’s most populous state has avoided 'freebies' like unconditional cash transfers and maintained a steady revenue surplus. While other Indian states get more handout-happy, UP has shown a rare restraint that others could learn from.
Read More- 18 Apr 2026 05:35 PM
Loss of input tax credit, policy changes weigh on life private insurers’ Q4 margins, profitability
Margins may stay under pressure in H1, with stocks correcting by 8-22% from their 52-week highs, and valuation premiums across large insurers converging.
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