The country's urban population is growing faster than official numbers indicate. While policymakers seem to have an inkling of this, three measures could help ensure a regular supply of robust data.
Read MoreIndian users subscribing to Claude AI will no longer have to pay in US dollars as Anthropic now displays India-specific pricing for its Pro, Max and Team plans on its official website, allowing customers to subscribe and pay in rupees instead.
Read MoreSource: https://www.livemint.com/industry/online-gaming-firms-sc-ruling-review-28-gst-11784016545683.html
Online gaming companies have moved the Supreme Court seeking review of its 27 May judgment upholding the constitutional validity of the 28% goods and services tax (GST) levy on online gaming and rejecting challenges to retrospective tax demands worth over ₹1.5 trillion.
Read MoreServices are intangible and often consumed as soon as they are produced, making output difficult to measure.
Read MoreSeizing opportunities demands reforms that go beyond compliance simplification.
Read MoreSource: https://www.livemint.com/economy/india-economy-fiscal-deficit-iip-monsoon-gst-ai-11782973674067.html
India received only 99.5 mm of rainfall, making June 2026 the fifth driest June since 1901, raising concerns over El Niño's impact on the monsoon.
Read MoreThe PIB Backgrounder on Nine Years of GST highlights the transformation of India’s indirect tax system since the introduction of the Goods and Services Tax (GST) on 1 July 2017. GST replaced multiple Central and State taxes with a unified tax framework, promoting the vision of “One Nation, One Tax.”
Read MoreHaryana celebrated the 9th anniversary of GST implementation on 1 July 2026 at Panchkula, highlighting the state’s outstanding achievements in GST administration and revenue growth.
Read MoreLast month’s robust GST revenues and strong purchasing managers' index score for manufacturing both show how well India’s economy fared against overseas headwinds. Price pressures, though, must be held in check.
Read MoreNew Delhi: The Centre and states together collected ₹1.95 trillion in gross goods and services tax (GST) revenue in June before adjusting for refunds, marking a 13.9% year-on-year increase, according to data released by the finance ministry on Wednesday.
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