- 13 Jan 2026 06:23 PM
- New
FACSI urges Centre to ease GST, credit norms for MSEs in 2026-27 Union Budget
Kolkata, Jan 13 (PTI) The Federation of Associations of Cottage and Small Industries (FACSI) has urged the Centre for tax, credit and regulatory relief measures for micro and small enterprises in the 2026-27 Union Budget, to sustain growth and strengthen their role in the industrial ecosystem.
Read More- 13 Jan 2026 06:16 PM
- New
Budget 2026: Manufacturing boost, higher divestment, no tax stimulus — ICICI Securities lists what to expect this year
ICICI Securities analysts Vinod Kakri and Bhavesh Talreja said that after surprising last year on tax stimulus and GST cut later in the year, the Union Budget for FY27 is likely to limit spending and instead focus on developmental areas, like manufacturing and infrastructure.
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- 01 Jan 2026 06:02 PM
- New
Exit old cess, enter new cess: Regime change for tobacco taxation from 1 February
New Delhi: The Centre on Wednesday issued an order giving effect to a new law levying a health and national security cess on tobacco and its products in place of the goods and services tax (GST) compensation cess, effective from 1 February. Separately, it also withdrew the compensation cess on tobacco products from the same date.
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- 01 Jan 2026 05:50 PM
India's fiscal deficit hits ₹9.76 trillion, nearly two-thirds of target
India's fiscal deficit from April to November 2025 stood at ₹9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA). Total receipts stood at ₹19.49 trillion, including revenue receipts of ₹19.10 trillion, while the government has spent ₹29.25 trillion.
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- 01 Jan 2026 06:10 PM
ITC, Godfrey Phillips shares tank up to 19% as govt announces excise duty on cigarettes effective February 1
Shares of cigarette companies ITC and Godfrey Phillips slumped by up to 19% in Thursday's trade (January 1), after the government imposed an excise duty on cigarettes, effective next month onwards.
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- 01 Jan 2026 05:56 PM
CAG flags states' fiscal stress as debt, committed spending erode revenue gains
India's states began FY24 with improved revenue but faced fiscal stress due to rising debt and fixed spending commitments. The CAG report highlights disparities in resource generation among states and a growing rigidity in budgets, limiting investment capacity despite better tax collections.
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- 01 Jan 2026 06:18 PM
India's GST collections rise 6.1% to ₹1.74 trillion in December 2025 — Details here
India's gross goods and services tax (GST) collections surged 6.1% to hit ₹1.74 trillion in December 2025, compared on a year-on-year (YoY) basis amid the tax cuts implemented by the central government, according to the official data released on Thursday, 1 Janaury 2026.
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- 01 Jan 2026 06:07 PM
India’s fiscal fault lines between Centre and states return to the spotlight
States argue that their autonomy is being eroded as the Union government forces them to co-finance centrally sponsored schemes that they did not necessarily approve.
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- 01 Jan 2026 06:21 PM
Vodafone Idea shares to be in focus on Friday after GST penalty worth over ₹637 crore
Vodafone Idea share price will be in the focus of the stock market investors on Friday, 2 Janaury 2026, after the telecom giant received a ₹637 crore goods and services tax (GST) penalty demand from the Office of the Additional Commissioner Jurisdiction - CGST, Ahmedabad, according to an exchange filing.
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- 31 Dec 2025 05:48 PM
Stocks to watch: RITES, Bharat Forge, IndiGo, Lupin, among 8 shares in focus today; Check list here
Indian stock market benchmark indices — Sensex and Nifty 50 — were expected to open flat on Wednesday, December 31, the final trading session of 2025, amid thin volumes. Most Asian markets, including Japan, South Korea and Thailand, were closed for New Year’s Eve.
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