- 19 Feb 2026 06:43 PM
- New
Good monsoon, GST rate cut, Chaitra Navaratri festival in March to drive record tractor sales of 1.17 mn units in FY26
New 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 More- 18 Feb 2026 06:42 PM
- New
Monetary puzzle: Why cash in circulation has risen in India even as UPI transactions set new records
India’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 More- 14 Feb 2026 05:39 PM
- New
₹6.53 Crore ITC Fraud: Director Held for Availing Credit Without Goods Receipt
The 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.
Read More- 14 Feb 2026 05:31 PM
Over with GST transition pain, FMCG cos now eye a long-term recovery
GST 2.0 was meant to spur spending, with expectations of a shift to premium and branded goods. Though big-ticket items have seen some traction, the wider consumption uptick remains elusive.
Read More- 12 Feb 2026 06:42 PM
What will drive Britannia’s growth after GST sugar rush fades?
Britannia’s Q3 growth got a lift from higher grammage packs after GST cuts, but rising regional competition and rich valuations mean long-term growth must come from adjacencies and e-commerce.
Read More- 11 Feb 2026 06:44 PM
Excise hike lights up margin, illicit trade risks for cigarette stocks
Analysts warn that higher taxes could squeeze margins, dent volumes and fuel illegal trade, even as demand remains resilient.
Read More- 11 Feb 2026 06:49 PM
HUL Q3 preview: Results may reveal key consumption trends
Investors are keenly watching Hindustan Unilever's third-quarter earnings to gauge the true picture of consumption in India, factoring in recent GST rate changes, monsoon impact, and economic recovery.
Read More- 11 Feb 2026 06:55 PM
No Proposal to Remove 40% GST on State-Run Lotteries, Govt Tells Rajya Sabha
The Ministry of Finance informed the Rajya Sabha that there is currently no proposal to exclude State-run lottery schemes from the 40% GST rate. GST rates and exemptions are determined based on the recommendations of the GST Council, a constitutional body comprising Union and State representatives.
Read More- 11 Feb 2026 05:51 PM
Mint Quick Edit | January auto sales ease anxiety over India’s K-shaped recovery from the pandemic
January’s retail auto sales numbers show impressive growth across vehicle segments. The star showing was by two-wheelers, which recorded a belated surge after the GST reset of 2025.
Read More- 10 Feb 2026 06:35 PM
Government Rejects Claims of Excessive Multi-Layered Tax Burden
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
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