GST

GST NEWS

In Pre-budget meet with Union Finance Minister: States flag revenue loss after GST cuts, erosion of fiscal powers

January 11, 2026 11:17 am

States also sought simplified conditions for capital spending and 50-year loans, renewed focus on investment promotion, developmental priorities while flagging certain borrowing curbs.

Poor sports culture in schools, need for mandatory coach level certification exam, GST exemption on equipment: Federations flag issues

January 10, 2026 11:25 am

Aaesha Munawar, Joint Secretary, Judo Federation of India, stressed the need for a compulsory coach level certification exam.

Is breathing luxury? Experts weigh in on the legal battle over 18% GST on air purifiers and right to life

January 10, 2026 10:35 am

GST on Air Purifiers: As the Delhi High Court decides the fundamental question: Is an air purifier a luxury appliance or a life-saving medical necessity, legal experts provide a comprehensive roadmap of the complexities involved.

Why Tripura High Court said Input Tax Credit provision in CGST not meant to punish taxpayers

January 09, 2026 6:31 pm

The bench said that it is impossible for the purchaser to check whether the supplier has deposited the tax paid by him to the government and then avail input credit tax.

Indian banks' market cap jumps in Q3 backed by GST rate cut, festive demand; small banks among biggest gainers: S&P data

January 08, 2026 4:33 pm

Smaller private-sector banks led gains in market cap after faring worse than their public-sector peers in the previous quarter, according to the report.

Going forward, much depends on states’ room for spending

January 05, 2026 2:06 pm

In FY2021-FY2025, the combined capital expenditure and loans & advances of 28 states reported a healthy 18.5 per cent CAGR, doubling to Rs 8.4 trillion

For Centre & state finances, a reckoning

January 05, 2026 1:33 am

With the GST rate cuts clearly impacting revenues, the Centre will have to cut expenditures for meeting its deficit targets.

GST cuts impact Centre’s coffers as fiscal deficit widens on lagging tax collections

December 31, 2025 7:31 pm

The fiscal deficit for April-November stood at 62.3 per cent of the full-year target of Rs 15.69 lakh crore.

SC has role in clean-up, not in fixing GST rates on purifiers

December 29, 2025 7:20 am

For the GST rates on air purifiers to be lowered, neither the Centre alone, nor only the states — and certainly not the courts — can decide

Punjab GST collections up 16% till Nov, excise revenue surges over 8%: Finance Minister Cheema

December 23, 2025 10:05 pm

Harpal Cheema said the Goods and Services Tax (GST) collections grew by Rs 2,467.30 crore over the corresponding period of the previous year, reflecting the state's focus on economic recovery and improved taxpayer compliance.

GST VIDEOS

The Agrarian Unrest Part 1: This could be the Narendra Modi government’s biggest problem

June 22, 2020 6:09 pm

Thousands of farmers from across the country have taken to the streets. ‘Dilli chalo’ is their slogan. What do they want? And is agrarian distress this government’s biggest problem? Harish Damodaran explains.

Why a leader is aligning with someone is more important that who aligns with who; Mamata Banerjee has a major role: Amit Mitra, Bengal Finance Minister

June 22, 2020 6:10 pm

Bengal FM Amit Mitra talks about demonetisation, the problems with GST, failing Centre-state relations, the need for protecting and building institutions such as the RBI and CBI, investments in the state, and what the BJP “doesn’t get about Bengal".

How demonetisation and GST hit MSMEs: News in Numbers

June 22, 2020 6:11 pm

Two years on, we look at how demonetisation (and GST) had an adverse impact on micro, small and medium enterprises or MSMEs. Here are some of the concerns that MSMEs are dealing with.

Opinion | Is GST Good For India?

June 22, 2020 7:02 pm

Advertisement
Advertisement
Advertisement