- 14 Mar 2026 05:01 PM
- New
The week in charts: Crude oil shock, India’s EM rank, e-way bill generations
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
Read More- 14 Mar 2026 04:56 PM
- New
Tax nudges lead 5 million taxpayers to revise returns; refund claims drop ₹2,000 crore
More than five million income tax returns were revised after the tax department flagged incorrect or bogus deduction claims last year, lowering refund claims by ₹2,000 crore, Central Board of Direct Taxes (CBDT) chairperson Ravi Agrawal told a parliamentary committee.
Read More- 11 Mar 2026 05:52 PM
- New
GST Director Arrested for Availing Fake ITC of ₹60.59 Crore Through Bogus Invoices
The Anti-Evasion Branch of the CGST Delhi South Commissionerate arrested a director of a private limited company involved in trading smartphones for fraudulent availment of Input Tax Credit (ITC) amounting to ₹60.59 crore through bogus invoices totaling ₹397.23 crore. The action forms part of the government’s ongoing enforcement drive against fake ITC claims under the CGST Act, 2017.
Read More- 11 Mar 2026 05:40 PM
Factories to the fore: India must reboot its growth model before the AI-pocalypse hits its IT sector
India’s IT services boom drive exports, employment and middle-class growth for three decades plus. But with agentic AI out to automate much of what the sector does, that success story may be nearing its limits. It’s time to turbo-charge manufacturing—which needs a renaissance.
Read More- 10 Mar 2026 06:27 PM
E-way bills point to slower yet robust economic activity in February
NEW DELHI: E-way bills generated for shipping goods within and across states dipped 3.1% in February from the previous month, but remained the third highest yet, pointing to robust movement of consignments across ports, factories and retail outlets.
Read More- 09 Mar 2026 05:54 PM
How Sebi’s mutual fund fee overhaul will make life harder for small distributors
For equity-oriented schemes, BER will now range from 2.10% for assets up to ₹500 crore to 0.95% for assets more than ₹50,000 crore. It comes into effect from April 1.(Reuters)
Read More- 07 Mar 2026 04:34 PM
The week in charts: Stranded ships, GDP overhaul, GST mop-up, India EV push
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
Read More- 06 Mar 2026 05:33 PM
Representation on issues faced while filing of Appeal on GSTAT Portal
The Marwar GST Appellate Tribunal Bar Association submitted a representation dated 5 March 2026 to the Goods and Services Tax Appellate Tribunal President highlighting practical issues faced while filing appeals on the GSTAT portal and certain provisions of the GSTAT (Procedure) Rules, 2025. The association requested reconsideration of Rule 21, which requires filing all relied-upon documents at the time of submitting an appeal. It argued that this requirement goes beyond Rule 110 of the CGST Rules and may risk extinguishing the statutory right to appeal due to the limited three-month filing period.
Read More- 05 Mar 2026 06:23 PM
Punjab’s Own Tax Revenue Rises to ₹57,919 Crore in 2024–25, Says Cheema; GST, Excise and Stamp Duty Drive Growth
Punjab finance, excise and taxation minister Harpal Singh Cheema said on March 3, 2026 that Punjab has moved into the top three states in the country in revenue growth, attributing the change to higher own tax revenue and improved collections from excise, GST and stamp duty during the Aam Aadmi Party government’s term.
Read More- 02 Mar 2026 06:02 PM
Centre, states collect GST revenue of ₹1.61 trillion in February after refunds
NEW DELHI: Central and state governments collected ₹1.61 trillion in Goods and Services Tax (GST) in February after refunds, marking a 7.9% year-on-year increase, official data released on Sunday showed.
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