Smokers woke up to sticker shock on Saturday as cigarettes and tobacco products became more expensive following fresh tax changes that came into force on 1 February. The price hike sparked an instant reaction online, with social media flooded with memes, jokes and sarcastic posts capturing public disbelief.
Read MoreCigarette prices have surged significantly since the excise duty hike on 1 February, burning a hole in your pocket. The hike depends on the length of the cigarette sticks — the longer, the costlier.
Read MoreFinance minister Nirmala Sitharaman has used the comfort of today’s macro numbers to prepare ground for the future. Working within tight fiscal limits, the budget focuses on building capabilities and resilience. Yet, we must watch for growth risks, inflation surprises and the rising cost of capital.
Read MoreSource: https://taxguru.in/goods-and-service-tax/representation-issues-faced-filing-appeal-gstat-portal.html
The Marwar GST Appellate Tribunal Bar Association submitted a detailed representation to the Hon’ble President of the Goods and Services Tax Appellate Tribunal highlighting practical difficulties faced by taxpayers and professionals in filing appeals on the newly launched GSTAT portal and concerns arising from the GSTAT (Procedure) Rules, 2025.
Read MoreThe budget provides a coherent growth framework anchored in reform continuity, infrastructure investment and fiscal discipline. Amid global fragility, it signals policy credibility and offers clues to how India plans to sustain its GDP growth, attract capital and strengthen competitiveness
Read MoreUnlike last year, Budget 2026—the ninth presented by Nirmala Sitharaman—avoids big-bang moves, opting instead for calibrated steps to support growth, avoid the middle-income trap, and stay on track towards developed-nation status.
Read MoreFinance Minister Nirmala Sitharaman delivered the Union Budget for 2026-27 on Sunday, 1 February. Marking her ninth consecutive budget speech, FM Sitharaman tabled a set of proposals in the Union Budget 2026, covering key sectors such as infrastructure, healthcare, education and various tax reforms.
Read MoreThe 2026 Budget reflects a fiscal hangover following 2025’s aggressive tax cuts. With nominal GDP growth projected at a modest 10% and GST revenues shrinking, the government faces a tightening fiscal squeeze. Debt reduction is off to a slow start.
Read MoreIndustrial output grew at an upwardly revised 7.2% in November, showing strong growth on festive demand and the goods and services tax (GST) rate cuts.
Read MoreTVS Motor Co. expects the third-quarter momentum to continue as the share of premium motorcycles and scooters rises amid healthy consumer demand.
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