Income tax and corporate tax collections set to climb, but GST collections will decline after the rates were rationalised in September to boost consumption ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
Karnataka, a top GST contributor, faces an estimated ₹9,000 crore annual revenue loss due to GST slab revisions. The state ...
India should explore the option of a marketing ban on ultra processed foods (UPFs) from morning till midnight (0600 hours to ...
Navratri begins on September 22nd: New GST rates are also being implemented on this day. Many items are becoming cheaper from this day, while some items have also become more expensive. In the GST ...
Explains how Section 74A reshapes GST penalty computation under a unified framework. Key takeaway: penalty rates remain ...
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