For equity-oriented schemes, BER will now range from 2.10% for assets up to ₹500 crore to 0.95% for assets more than ₹50,000 crore. It comes into effect from April 1.(Reuters)
Read MoreIn this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
Read MoreThe Marwar GST Appellate Tribunal Bar Association submitted a representation dated 5 March 2026 to the Goods and Services Tax Appellate Tribunal President highlighting practical issues faced while filing appeals on the GSTAT portal and certain provisions of the GSTAT (Procedure) Rules, 2025. The association requested reconsideration of Rule 21, which requires filing all relied-upon documents at the time of submitting an appeal. It argued that this requirement goes beyond Rule 110 of the CGST Rules and may risk extinguishing the statutory right to appeal due to the limited three-month filing period.
Read MorePunjab 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 MoreNEW 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 MoreAs 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 MoreAs 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 MoreNew 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 MoreIndia’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 MoreThe 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.
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