The Central Bureau of Investigation (CBI) stated that it arrested the Superintendent, CGST, Ibrahimpatnam, Vijayawada, Andhra Pradesh, in a bribery case registered on 10.08.2026 based on a complaint alleging that the accused public servant demanded a bribe of Rs. 1,50,000 from a private company operator for not issuing a demand notice towards tax liability and for closing the matter.
Read MoreInvestors can transfer eligible PPF, Sukanya Samriddhi and SCSS accounts from a Post Office to a bank, subject to prescribed procedures, documentation and applicable fees.
Read MoreThe Sales Tax Bar Association (STBA), Delhi has made a representation to the Ministry of Finance, CBIC and GSTN seeking the immediate enablement of GSTR-9 and GSTR-9C filing utilities for FY 2025-26.
Read MoreThe number of income-tax return filers increased from 6.96 crore in 2021-22 to 8.67 crore in 2025-26.
Read MoreIn reply to Rajya Sabha Unstarred Question No. 1838 answered on 04.08.2026, the Government stated that the GST Council, in its 54th meeting held on 9 September 2024, approved the constitution of a Committee of Officers on IGST Settlement comprising officers from the Centre and various States, including Kerala, to examine issues relating to IGST settlement and recommend improvements, including legislative amendments, system enhancements and refinements to the apportionment formula for positive and negative IGST balances.
Read MoreIn India, the state has granted itself wide leeway on GST implementation timelines, but offers taxpayers no respite. While income-tax officials have the discretion to pardon delays by taxpayers who cite good reasons, GST doesn’t. This needs fixing.
Read MoreGST collected on imports surged 28.8% year-on-year, compared with 10.1% growth in domestic GST revenue.
Read MoreIn reply to Lok Sabha Unstarred Question No. 2394, the Government stated that most specified assistive devices, rehabilitation aids and other goods for Persons with Disabilities (PWDs) attract a concessional GST rate of 5%, while certain specified goods and specified rehabilitation, treatment and care services are exempt from GST subject to prescribed conditions.
Read MoreIn reply to Lok Sabha Unstarred Question No. 2478, the Government stated that, as on 31 March of FY 2023-24, FY 2024-25 and FY 2025-26, refund claims pending under Central Tax formations for more than 60 days up to 90 days declined from 907 claims (₹274.24 crore) to 64 claims (₹163.60 crore), while claims pending for more than 90 days declined from 1,592 claims (₹695.84 crore) to 110 claims (₹64.10 crore).
Read MoreFrom automobile sales to GST collections, July’s numbers spell good news on the growth front for India. While we may have escaped the worst feared effects of the war in West Asia, price stability remains a concern.
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