- 03 Jun 2025 05:57 PM
- New
Small businesses bleed cash as GST kicks in before payments
The founder of a small ed-tech firm in Bengaluru, Bhagat must pay goods and services tax (GST) on every invoice she raises—even when clients delay payments for months. The burden eats into her working capital, sometimes pushing her to borrow or dip into savings just to stay compliant. By year-end, nearly 3% of her revenue is lost to GST on unpaid dues.
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- 02 Jun 2025 06:19 PM
- New
Indian stock market: 10 key things that changed for market over weekend- Gift Nifty, Trump tariffs to Russia-Ukraine war
Indian stock market: Gift Nifty was trading around 24,870 level, a discount of nearly 1 point from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.
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- 02 Jun 2025 06:10 PM
- New
₹2 trillion GST revenue in May, points to strong consumer sentiment, dumping concerns
New Delhi: Central and state governments collected over ₹2 trillion in Goods and Services Taxes (GST) in May before adjusting for refunds, official data showed on Sunday, a 16% annual improvement that sustains the robust tax performance seen in the previous month.
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- 02 Jun 2025 06:06 PM
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
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
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 06:53 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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- 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 06:51 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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