Deputy Liam McKenna says he wants to take GST off the table for this political term.
Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...
From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a sweeping revamp of the government’s taxation policy on so-called “sin goods.” The ...
Finance Bill 2026 changes GST rules for Indian brokers serving FPIs, making intermediary services zero-rated exports. Experts ...
The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...
Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up ...
The proposed GST amendments simplify post-sale discount rules, expand refund benefits, and correct place-of-supply provisions. The changes aim to reduce litigation, improve cash flow, and align GST ...
India’s GST collections in January 2026 rose to Rs 1,93,384 crore, up 6.2% from last year. Net revenue after refunds reached ...
The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.
The Survey’s preface highlights that the government carried out “the most radical overhaul of the Goods and Services Tax since its inception in 2017” during 2025, placing GST reforms alongside major p ...
Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...