10 Feb 2026 06:51 PM
New

GST Collections Show Steady Growth as Rates Are Simplified

Source: https://taxguru.in/goods-and-service-tax/gst-collections-show-steady-growth-rates-simplified.html

In a written reply to an unstarred question in the Lok Sabha, the Ministry of Finance presented GST collection trends and compliance measures. Gross GST collections rose from ₹13.76 lakh crore in 2021–22 to ₹20.56 lakh crore in 2024–25, with year-on-year growth moderating from 22% in 2022–23 to 10% in 2024–25; collections up to January 2026 stood at ₹18.43 lakh crore (8% growth). The Government clarified that district-wise GST data is not maintained; however, tax devolution to West Bengal increased steadily since 2019–20 in line with Finance Commission recommendations.

10 Feb 2026 06:35 PM
New

Government Rejects Claims of Excessive Multi-Layered Tax Burden

Source: https://taxguru.in/goods-and-service-tax/government-rejects-claims-excessive-multi-layered-tax-burden.html

In response to a starred question in the Lok Sabha, the Ministry of Finance rejected concerns that India’s tax system is excessively multi-layered or driving taxpayer migration. The Government stated that India’s tax-to-GDP ratio for 2025–26 is 18.4%, among the lowest in comparable G20 developing economies, and denied that high taxation is eroding real incomes or forcing citizens to move abroad. It clarified that income tax is levied

10 Feb 2026 06:44 PM
New

Printed Educational and Medical Books Already Exempt From GST: Government

Source: https://taxguru.in/goods-and-service-tax/printed-educational-medical-books-exempt-gst-government.html

In response to a Lok Sabha question on whether GST on medical and educational books is adding to the financial burden on students and learners, the Ministry of Finance clarified the current legal position. The Government stated that GST rates and exemptions are determined on the recommendations of the GST Council, a constitutional body comprising representatives of the Centre and States/UTs. Addressing the concern directly, it was clarified that printed books, including Braille books, are presently exempt from GST.

10 Feb 2026 06:41 PM

No Compensation Planned for States After Recent GST Rate Restructuring

Source: https://taxguru.in/goods-and-service-tax/compensation-planned-states-gst-rate-restructuring.html

Summary: In a written reply to an unstarred question in the Lok Sabha, the Ministry of Finance addressed concerns over the fiscal impact of recent GST restructuring on States. The Government stated that GST rate changes were recommended by a Group of Ministers on rate rationalisation and approved by the GST Council in its 56th meeting held on 3 September 2025.

10 Feb 2026 06:47 PM

GST Registration Threshold Limit

Source: https://taxguru.in/goods-and-service-tax/gst-registration-threshold-limit.html

In a written reply to an unstarred question in the Lok Sabha, the Ministry of Finance clarified that GST registration thresholds are determined solely on the recommendations of the GST Council. At GST’s launch, the threshold was ₹20 lakh (₹10 lakh for special category States).

09 Feb 2026 05:52 PM

Consumer watchdog orders Barbeque Nation to discontinue service charge

Source: https://www.livemint.com/news/india/barbeque-nation-service-charge-ccpa-service-charge-11770608909507.html

New Delhi: The Central Consumer Protection Authority (CCPA) has directed Barbeque Nation Hospitality Ltd to stop levying a service charge at its restaurants, reinforcing the government’s tightening stance on billing practices that regulators and courts have repeatedly flagged as unfair to consumers.

09 Feb 2026 05:42 PM

Tax dodgers beware: I-T is searching GST data to widen tax base

Source: https://www.livemint.com/economy/it-department-to-tap-gst-data-to-expand-income-tax-base-11770544265366.html

The move to expand the country's direct tax base and boost tax buoyancy comes after the sharp tax rate cuts for individuals this financial year moderated I-T revenue growth, the people cited above said on the condition of anonymity.

07 Feb 2026 05:58 PM

Petition for Rationalisation of Fees Prescribed for GST Appellate Tribunal (GSTAT)

Source: https://taxguru.in/goods-and-service-tax/petition-rationalisation-fees-prescribed-gst-appellate-tribunal-gstat.html

The Sales Tax Bar Association (Regd.), New Delhi submitted multiple petitions on 4 February 2026 to key authorities seeking urgent rationalisation of appeal and application fees prescribed for the Goods and Services Tax Appellate Tribunal.

06 Feb 2026 06:44 PM

LIC takes ₹1,400 crore hit from loss of GST-linked input tax credit

Source: https://www.livemint.com/companies/company-results/lic-takes-1-400-crore-hit-from-loss-of-gst-linked-input-tax-credit-doraiswamy-11770305803667.html

Life Insurance Corp. (LIC) has taken a hit of ₹1,400 crore due to the loss of input tax credit after certain life and health plans were exempted from the goods and services tax (GST).

06 Feb 2026 06:32 PM

JLR weighs on Tata Motors PV in Q3 as cyberattack costs reach £260 million

Source: https://www.livemint.com/companies/company-results/jlr-weighs-on-tata-motors-pv-in-q3-as-cyberattack-costs-reach-260-million-revenue-net-profit-11770302076500.html

Even as its India business significantly grew both revenue and profit due to federal tax cuts and a festive season rush, Tata Motors Passenger Vehicles Ltd’s consolidated numbers in the October-December quarter were pulled down by the impact of a cyber attack on its UK-based subsidiary Jaguar Land Rover (JLR).