Income Tax Refunds Face Unusual Delays This Year
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
More than 40 induction furnace industrialists in Ludhiana receive GST notices for alleged bogus billing. The industry association plans to challenge the move, citing procedural flaws.
Andhra Pradesh sees a 4.6% drop in net GST collections for November 2025 following GST 2.0 rate cuts. Chief Commissioner Babu Ahmed cites lower yields despite volume growth. Read the full analysis.
Rajya Sabha returned the Manipur GST bill to Lok Sabha, with Finance Minister Nirmala Sitharaman highlighting its benefits. The opposition staged a walkout during the discussion.
Chandigarh's GST revenue grew 6% to Rs 243 crore in November 2025 compared to last year. However, October saw a 4% dip. Explore the city's tax collection trends and economic implications.
India's November GST collections fell to ₹1.7 trillion, raising questions on the stimulus effect of recent rate cuts. Read our analysis on the revenue trend and what it means for the economy.
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Deputy CM Ajit Pawar reveals Maharashtra suffered Rs 10,000-12,000 crore revenue loss due to PM Modi's GST rate cuts but supported the pro-poor move. Details on state's financial strategy inside.
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
Lok Sabha passed the Manipur GST Bill and introduced new cess bills on tobacco products. The session faced adjournments due to opposition protests demanding discussion on electoral roll revision.
Finance Minister Nirmala Sitharaman tables the Manipur GST (Second Amendment) Bill, 2025, to replace the ordinance promulgated on October 7. Get the latest details on the parliamentary move.
India's GST revenue grew at a slower pace of 0.7% to Rs 1.70 lakh crore in November. Domestic transactions and services imports show mixed trends. Read the full analysis.
India's gross GST revenue rose to ₹1.7 trillion in November 2025, marking a 0.7% year-on-year increase, driven by lower tax rates. Get the latest economic updates and analysis.
Finance Minister Nirmala Sitharaman introduces the Manipur GST (Second Amendment) Bill, 2025, in Parliament to replace the October ordinance. Key legislative move for state taxation.
Lok Sabha approves Manipur GST Amendment Bill 2025, replacing the October ordinance. The move aligns state law with the new 5% and 18% tax slabs set by the GST Council. Read the full details.
Ahmedabad DGGI uncovers massive Rs 800 crore fake GST invoicing network across 3 cases. Four key conspirators arrested in major crackdown on economic fraud. Read the full investigation details.
Ludhiana manufacturers face a working capital crisis due to prolonged GST refund delays exacerbated by a steep inverted duty structure. Industry demands an automated system for timely refunds to prevent business closures.
GST Council addresses inverted duty anomalies affecting industries like textiles and railways. Learn how this impacts businesses and the economy. Read more about GST reforms.
Amazon begins automatic refunds for millions of Prime users after a historic $2.5 billion FTC settlement. Find out if you are eligible and how to claim your money back.
SBI's Soumya Kanti Ghosh reveals India's GST collections could double to Rs 4-5 lakh crore monthly by closing tax loopholes. Discover the growth trajectory and future projections.
Ohio regulators order FirstEnergy to pay over $250 million in fines and refunds for its role in a massive statehouse bribery scandal. Learn how this landmark decision impacts consumers.
CBIC Chairman Sanjay Kumar Agarwal inaugurates innovative GST Customs Pavilion at 44th India International Trade Fair, showcasing digital transformation in tax administration. Discover the future of taxation!
Supreme Court postpones Sahara's plea to sell 88 assets, including Aamby Valley, to Adani Properties for investor refunds. Centre gets 6 weeks to respond amid undisclosed asset claims.
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Delhi GST authorities uncover massive ₹645 crore fake input tax credit scheme, arrest key operator. Learn how the sophisticated fraud was detected and prevented.
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Two men from Uttar Pradesh arrested for a massive GST refund fraud of Rs 3.42 crore using fake firms and forged documents. Police uncover a web of 85 fictitious companies.
Major GST overhaul affects LIC policy premiums. Discover which insurance products will cost more and how to optimize your coverage in the new tax regime.
Major flight disruptions hit US airports as FAA implements 4% capacity reductions. Everything you need to know about affected airports, rebooking options, and refund policies.
Discover how India's landmark GST reforms are transforming the economy, boosting consumer spending, and creating a unified market that's driving unprecedented growth.