Karnataka GST growth moderates to 3% in October
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
Lok Sabha passes bill imposing a 25% National Security and Health Cess on pan masala and tobacco. The move aims to curb consumption and fund public health initiatives. Read the full details.
A 27-year-old accountant from Bihar was arrested in Noida for generating fake invoices worth Rs 11 crore and fraudulently claiming Rs 2 crore in GST refunds. Read the full investigation details.
FM Nirmala Sitharaman explains new Health & National Security Cess to replace GST compensation levy. Bill aims to stop tax evasion on pan masala, secure funds for public health and defence. Read more.
Karnataka CM Siddaramaiah highlights a Rs 9,000 crore GST compensation shortfall, urging PM Modi to share pan masala cess revenue with states. Read the full story.
Lok Sabha approves bill imposing cess on pan masala and tobacco products. Finance Minister Nirmala Sitharaman assures states of revenue sharing to compensate for GST loss. Key step for public health funding.
RJD MP Sudhakar Singh opposes the Health Safety to National Security Cess Bill, 2025, demanding a complete ban on gutka and pan masala instead of a tax. He calls the bill a revenue-generating tactic.
The Lok Sabha has passed a bill to collect a 10% cess on pan masala and tobacco products. The funds will support health initiatives and national security. Learn about the key provisions and financial impact.
ED issues show-cause notices in Kerala Masala Bond case. Learn what Masala Bonds and FEMA are, their importance for UPSC exams, and the full story behind the probe.
Finance Minister Nirmala Sitharaman clarifies the new Health and National Security Cess will only tax demerit goods like pan masala. Revenue to fund health schemes and security. Opposition raises concerns over MSME impact.
Finance Minister Nirmala Sitharaman introduced a bill for a new cess on pan masala production. The revenue will fund health and security initiatives and be shared with states. Read the details.
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.
The Consumer Affairs Department mandates Retail Sale Price on all pan masala packs from February 1, 2026, boosting transparency and aiding GST levy. Know the new rules.
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.
ED serves show-cause notices to Kerala CM Pinarayi Vijayan, ex-Finance Minister Thomas Isaac, and ex-IAS officer K M Abraham over alleged FEMA violations in KIIFB Masala Bonds. The move sparks political firestorm ahead of local body polls.
Kerala CM Pinarayi Vijayan faces ED scrutiny over alleged FEMA violations in KIIFB's Rs 466.91 crore Masala Bond issue. Get the full details and implications of the case here.
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.
Finance Minister Nirmala Sitharaman introduces bills to impose excise duty on tobacco and a health cess on pan masala, ensuring high taxes after GST compensation ends. Read the details.
ED issues show-cause notices to Kerala CM Pinarayi Vijayan & others over alleged FEMA violations of Rs 467 crore linked to KIIFB masala bonds. Details on the case & past probes.
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.
CPM slams ED's show cause notice to CM Pinarayi Vijayan on KIIFB masala bonds as politically motivated. Party leaders vow legal and political fight, alleging BJP's attempt to undermine Kerala's development. Read more.
A Delhi student discovered fraudsters used his PAN & Aadhaar for a Rs 26 crore GST scam. Police have registered a cheating case. Learn how to protect your identity.
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.
Enforcement Directorate issues FEMA show-cause notices to Kerala CM Pinarayi Vijayan, ex-finance minister Thomas Isaac & KIIFB CEO over alleged violations in Rs 2,150 crore masala bond usage. Details inside.
ED issues FEMA show cause notices to Kerala CM Pinarayi Vijayan & KIIFB officials over alleged irregularities in Masala Bond funds. Details on the ₹466.91 crore land purchase case inside.
The Centre proposes a new cess and higher excise duty on tobacco and pan masala as the GST compensation cess ends. Learn how this tax overhaul impacts prices and states.