- 02 Jun 2025 06:06 PM
- New
India's GST collections for May 2025 rises 16.4% to ₹2.01 lakh crore — Details here
India's GST collections rose 16.4% to ₹2.01 lakh crore for the month of May 2025. The collections hit an all-time high of ₹2.37 lakh crore in April 2025.
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- 31 May 2025 06:01 PM
- New
FM Sitharaman ‘confident’ of ‘transparency’ after CBIC debunks claims of delay, corruption in GST registration process
The CBIC on Saturday debunked a claim circulating on social media about delays and corruption in granting GST registration, saying the applicant has yet to furnish details sought by Delhi state GST officers.
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- 29 May 2025 06:09 PM
- New
Global threats pose risks to India's economic growth: RBI annual report
In FY26, the markets will closely track the implications of Trump's US tariff policies and reciprocal measures by others, as an uncertain policy environment may instill volatility in global financial markets, RBI said.
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- 26 May 2025 06:25 PM
Govt relaxes rules to boost GST registration among small businesses
New Delhi: The number of micro, small, and medium enterprises (MSMEs) with Goods and Services Tax (GST) registration is set to rise after the Central Board of Indirect Taxes and Customs (CBIC) asked its officials to relax scrutiny for such businesses, according to two people aware of the development. MSMEs contribute around 30% of India’s GDP.
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- 24 May 2025 06:51 PM
Tax rate revamp on GST Council agenda; India to push FATF to grey list Pakistan
New Delhi: The Goods and Services Tax (GST) Council will review proposals for tax rate rejig at its next meeting to be held within a couple of months to see how best to simplify the indirect tax regime and to support consumption demand, a person informed about Centre-state discussions said.
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- 24 May 2025 06:47 PM
Haryana notifies gambling law; platforms brace for legal uncertainty
The Haryana Prevention of Public Gambling Bill, 2025 is aimed at curbing public gambling, including betting on sports and elections.
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- 24 May 2025 06:53 PM
SC stays ₹5,712-crore GST notice sent to Paytm-owned gaming platform First Games
One97 Communications, which owns Paytm brand said the tax matter is an industry-wide issue and not limited to First Games and the matter is being heard by the apex
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- 13 May 2025 06:01 PM
Should you register for GST? Here’s everything you need to know.
If you run a business and are wondering whether GST registration is necessary, this Mint guide will help you navigate the essentials. While the decision hinges on your annual turnover, that's not all there is to it. GST registration is not just about hitting a certain sales figure – it’s also about the nature and geography of your operations.
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- 13 May 2025 06:17 PM
CBI Arrests CGST Inspector in Ghaziabad for Accepting ₹2 Lakh Bribe
The Central Bureau of Investigation (CBI) apprehended a CGST Inspector from Ghaziabad on May 7, 2025, for demanding and accepting a bribe of ₹2 lakh. The CBI had registered a case based on a complaint alleging that the Inspector initially demanded ₹11 lakh from the complainant regarding a mismatch in their firm’s GST return, threatening adverse action if the payment was not made. Following negotiations, the Inspector agreed to accept ₹2 lakh. The CBI set a trap and apprehended the accused after he accepted the bribe in his car. The Inspector attempted to flee, damaging a CBI vehicle and private vehicles during a pursuit covering approximately 2 KM before being apprehended. The bribe amount of ₹2 lakh was recovered. Searches are being conducted at the official and residential premises of the accused, and the investigation is ongoing.
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- 10 May 2025 06:14 PM
The week in charts: India-UK FTA, services PMI, Ather Energy IPO
India and the UK finalised a trade deal following three years of negotiations. A home-grown electric two-wheeler firm debuts on Indian bourses, and the country's services sector picked up pace in April.
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