- 04 Dec 2025 04:56 PM
- New
GDP data-quality debate ill-informed, says FM; base year shift from 27 February
The finance minister said India’s inflation management and economic resilience were acknowledged by the IMF, and called recent debate over data quality “ill-informed”.
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- 03 Dec 2025 06:42 PM
- New
Centre Clarifies Karnataka GST Revenues and Transfers
Source: https://taxguru.in/goods-and-service-tax/centre-clarifies-karnataka-gst-revenues-transfers.html
Government provided year-wise data on GST and cess/surcharge revenues collected from Karnataka between 2021–22 and 2024–25, showing total receipts rising from ₹95,926 crore in 2021–22 to ₹1,59,563 crore in 2024–25.
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- 03 Dec 2025 06:31 PM
- New
Government Explains How GST Rate Cut Benefits Must Reach Consumers
The Government clarified how it ensures that consumers receive the full benefits of GST rate reductions across goods and services. Following the rationalisation of GST rates in the 56th GST Council meeting on 3 September 2025, the CBIC began monitoring prices of key commodities, including packaged foods and medicines, to verify that companies and traders passed on the reduced tax burden to consumers.
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- 03 Dec 2025 06:26 PM
For a sustainably higher growth path, India mustn’t just mobilize more labour and capital but deploy them more efficient
India has recorded GDP growth that makes Viksit Bharat status look reachable, but a closer look reveals that capital deepening has weakened while productivity has been stagnant. This presents a challenge for policymakers who must work out how to push up the economy’s growth trajectory.
India is at the threshold of one of the most promising economic decades in its modern history, yet the hard arithmetic underlying growth reflects a more fragile situation than our headline GDP figures suggest.
- 03 Dec 2025 06:45 PM
GST Compensation Stopped After 2022 as Per Constitutional Limit
Source: https://taxguru.in/goods-and-service-tax/gst-compensation-stopped-2022-constitutional-limit.html
GST Compensation Stopped After 2022 as Per Constitutional Limit; Why GST Compensation Cannot Continue Beyond the Five-Year Period; No Additional GST Support to States After June 2022: Legal Mandate Explained; GST Compensation Timeline Ends: What the Law Actually Provides; GST Payout to States Ends Legally; No Scope for New
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- 03 Dec 2025 05:38 PM
Time ripe for a 25-bps rate cut, says Ficci's new chief Anant Goenka
India's retail inflation rate, based on the consumer price index, has eased from 10.87% in October 2024 to 0.25% in October 2025.
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- 02 Dec 2025 06:00 PM
Mint Quick Edit | Do November’s GST collections expose the limits of India’s mid-year stimulus?
The Centre had hoped that a boom in the offtake of newly tax-relieved products would make up for revenue compression on account of lower rates.
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- 02 Dec 2025 05:53 PM
It’s a hold for now for the MPC, tracing trade talks for path ahead
We no longer expect the Reserve Bank of India's Monetary Policy Committee to cut the policy rate at the upcoming 5 December meeting and await a dovish pause.
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- 01 Dec 2025 06:25 PM
Ola’s woes multiply as gap with ICE peers widens after GST move; focus now on battery system
Ola Electric Mobility Ltd had its own set of problems, and the goods and services tax (GST) rate cut from 28% to 18% on ICE two-wheelers has only made matters worse.
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- 01 Dec 2025 06:39 PM
India's gross GST collections rose to ₹1.7 trillion in November over lower tax rates
India's collection of gross goods and services (GST) recorded a 0.7% year-on-year (YoY) increase to ₹1.70 trillion in November 2025 due to the lower tax rates in the economy after the central government tax cuts, according to the official release.
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