India's political landscape is ablaze with activity! From the ongoing debates surrounding the new farm bills and their impact on rural India, to the upcoming state elections shaping the national narrative, the stakes couldn't be higher. Key political figures are maneuvering strategically, with alliances shifting and power dynamics constantly in flux. The opposition's challenge to the ruling party is intensifying, sparking vigorous debates on crucial policy matters including economic reforms and social justice initiatives. Parliamentary proceedings are filled with heated exchanges, reflecting the deep divisions within the nation. This evolving political climate directly impacts the lives of every Indian citizen, influencing everything from economic opportunities to social welfare programs. Stay informed about the latest developments in Indian politics, from crucial legislative decisions to grassroots movements, by exploring Abtak.com for in-depth analysis and breaking news updates. Understanding the intricacies of our political system is crucial; stay engaged, stay informed, and stay ahead.
New Delhi, Sep 30 (SocialNews.XYZ) The government has asked some major e-commerce companies to explain why prices of certain products were raised even after the recent cuts in the goods and services tax (GST). The new GST regime, which came into effect on September 22, simplified the previous multi-tier structure into two main slabs of 5 per cent and 18 per cent. The overhaul aims to reduce the tax burden and bring down prices for consumers. According to reports, one e-commerce platform had advertised higher prices following the GST rate cuts, citing a technical glitch. The company later corrected the prices. Officials said the government is reviewing the prices of over 50 products, with field teams across the country monitoring compliance. Consumer Affairs Secretary Nidhi Khare recently said the department received more than 3,000 complaints about companies not passing on the GST benefits to buyers. While speaking at an event, Khare mentioned that complaints are coming in every day, and the ministry is forwarding them to the Central Board of Indirect Taxes and Customs (CBIC) for further action. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," she told reporters. "The focus is on misleading advertisements, unfair trade practices and cases where the benefits of GST cuts are not being reflected in final prices paid by consumers," she added. Sanjeev Sanyal, member of the Economic Advisory Council to the Prime Minister, earlier stated that the government expects industry players to reflect GST cuts in retail prices but does not want to create an "inspector raj" to enforce it. The government expects the impact of the rate cuts to become more visible during the ongoing festival season, when consumer purchases are typically at their peak.
Mumbai: In a move set to significantly enhance India's gem and jewellery export infrastructure, the Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, inaugurated the Jewellery Hand Carriage Facilitation Centre at Terminal 2 of Chhatrapati Shivaji Maharaj International Airport on Wednesday.Recognising the strategic importance of enabling seamless hand carriage, GJEPC secured and equipped a dedicated space at the airport. With the premises now officially notified as a customs area and Bharat Diamond Bourse appointed as custodian, the centre is fully operatio ...Read More >
New Delhi: Starting July 2025, goods and services tax or GST compliance will undergo a shift with two key changes -- locking of GSTR-3B forms and a three-year deadline for filing returns. These changes, introduced by the GST Council, aim to improve accuracy and transparency in return filing, while reducing mismatches and fraudulent claims. The move is aimed at ensuring consistency between GSTR-1 (which records outward supplies) and GSTR-3B (used to pay tax), reducing revenue leakages due to mismatches. As per the GST rule, from the July 2025 return period, the GSTR-3B form will become non-edi ...Read More >
New Delhi: After several complaints were received from the public about a price hike for certain items, the Union government has sent out queries to a few e-commerce platforms asking about the reasoning behind the price hike. The Union government is keeping a close watch on the price changes for common-use items on e-commerce platforms, the officials said, adding that they are monitoring whether prices of items have been reduced pre- and post-September 22. E-commerce platform operators are under scanner of the government for hiking prices of certain items despite sweeping rate cuts under GST ...Read More >
These initiatives were announced in the Budget presented in Parliament last month. ShowQuick Read Summary is AI-generated, newsroom-reviewed * CBIC removed the Rs 10 lakh value cap per consignment on courier exports from April 1 * Return to Origin facility introduced for uncleared goods after 15 days at courier terminals * Simplified procedures adopted for re-import of returned or rejected e-commerce export goods Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The ...Read More >
The CBIC has clarified that businesses receiving post-sale discounts via credit notes without tax adjustments don't need to reverse input tax credit (ITC). This circular aims to reduce uncertainty and disputes regarding post-sale discounts under GST. GST will only apply to promotional activities with separate agreements and defined consideration, providing clarity on ITC entitlement and tax liability. Businesses receiving post-sale discounts in the form of financial or commercial credit notes wi ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, and ...Read More >
New Delhi [India], March 31 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), in pursuance of the Union Budget 2026-27 announcement, has operationalised a set of comprehensive reforms, strengthening and streamlining E-Commerce exports as well as broader courier-based imports and exports. This will be effective from 1st April 2026. According to the Ministry of Finance, the reforms include the complete removal of the earlier Rs 10 lakh value cap per consignment on courier exports, the introduction of a streamlined framework for handling returned and rejected parcels and a legally b ...Read More >
New Delhi, June 7 (SocialNews.XYZ) The Central Consumer Protection Authority (CCPA) on Saturday issued an advisory to all e-commerce platforms to undertake a self-audit within three months to detect deceptive and unfair trade practices that are in the nature of dark patterns. Dark patterns are design elements used on websites and apps to mislead or coerce users into making unintended choices. These practices erode consumer trust, distort fair market dynamics, and pose a serious threat to the integrity of digital commerce. "All e-commerce platforms have been advised to conduct self-audits to ...Read More >
New Delhi [India], April 2 (ANI): The government has allowed manufacturing units operating in Special Economic Zones (SEZs) to undertake domestic sales under a time-bound framework. Sources in the government says the notification a key budget announcement was announced to give relief to domestic industry. According to the sources, the scheme is linked to the percentage of export turnover and also factors in the date of commencement of manufacturing activity within SEZs. It has been designed as a targeted, short-term intervention, with its applicability limited to one year. Officials emphasiz ...Read More >
New Delhi: With the completion of eight years, implementing the goods and services tax (GST) -- one of the country's biggest tax reforms, India has broken all the stereotypes by showcasing a perfect balance between Centre and state administrations and coming together to make decisions and resolve issues as well. Back on July 1, 2017, the GST was rolled out with a promise that the country will bring 'one nation, one tax' by merging various indirect taxes under one umbrella. As of today, it is part of every common man's daily lives; from a cup of tea to a car almost everything he/she buys has a ...Read More >
Exporters can now hand-carry jewellery in their bags which are meant for exports. The Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, has come up with a Jewellery Hand Carriage Facilitation Centre at Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA). Recognising the potential of hand carriage for boosting gem and jewellery exports -- especially from Mumbai, which typically accounts for nearly 65-70% of the country's exports -- GJEPC engage ...Read More >
New Delhi, March 31: The Central Board of Indirect Taxes and Customs has operationalised comprehensive reforms to streamline e-commerce exports and courier-based trade, including the removal of the Rs 10 lakh value cap per courier consignment, the government said on Tuesday. Reforms aimed at boosting exports The reforms, effective April 1, are expected to significantly boost exports, especially for e-commerce exporters, by allowing greater flexibility in shipment value and enabling seamless exports through the courier mode, an official statement said. It also eliminated the need to divert s ...Read More >
SRINAGAR, July 11: Director General of Police (DGP), J&K, Nalin Prabhat today chaired a high-level security review meeting in South Kashmir to assess the arrangements for the ongoing Shri Amarnathji Yatra. The meeting was attended by DIG South Kashmir Range Javed Mattoo, SSPs of South Kashmir districts, and senior officers from the Indian Army, CRPF and BSF. Addressing the meeting, the DGP lauded the dedication of all security forces in ensuring the safe conduct of the Yatra. He stressed the importance of regular contingency drills, identifying and addressing security gaps, and updating res ...Read More >
MUMBAI: Reliance Industries, India's largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale of some of its listed investments and strong growth across its key businesses. Other income surged 280% to Rs 15,119 crore due to profit (Rs 8,924 crore) on sale of its stake in Asian Paints. Excluding the Rs 8,924 crore gain, profit was higher by 25%. Earnings was also driven by a rebound in its oil-to-chemicals (O2C) business, which saw better refining margins, and strong performance by its retail and digital servi ...Read More >
The Bombay Chartered Accountant Society (BCAS) has urged the Union Finance Ministry to extend the due date for filing GSTR-3B returns for September 2025, citing its clash with the Diwali festive period. The current statutory deadline of October 20, 2025, falls immediately after Sunday, October 19 -- right in the middle of the major festival week when offices across the country are closed. In its representation dated October 8, 2025, BCAS said the overlap between the filing date and Diwali festiv ...Read More >
New Delhi: The government on Tuesday removed the long-standing cap on courier export consignments and introduced a faster return mechanism for cross-border parcels to boost e-commerce shipments and reduce logistics delays. The Central Board of Indirect Taxes and Customs (CBIC) notified amendments to courier import-export rules, scrapping the ₹10-lakh per shipment ceiling with effect from April 1. The change, announced in the 2026-27 budget, removes a restriction that pushed higher-value parcels into costlier air or sea cargo channels. The CBIC said eliminating the cap is expected to give expo ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is clo ...Read More >
New Delhi, Mar 31 (PTI) The Central Board of Indirect Taxes and Customs (CBIC) has operationalised a set of comprehensive reforms to strengthen and streamline e-commerce exports and broader courier-based imports and exports, with effect from April 1. These reforms include the complete removal of the Rs 10 lakh value cap per consignment on courier exports, the introduction of a streamlined framework for handling returned and rejected parcels and a legally backed Return to Origin (RTO) mechanism for uncleared shipments, aimed at enhancing ease of doing business, the finance ministry said in a s ...Read More >
New Delhi, Sep 16 (PTI) Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, the CBIC said on Tuesday. The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of FAQs clarifying on the taxation of various goods and services when the new GST slabs kick in from September 22. The GST Council in its meeting on September 3 had decided to exempt premium paid on individual health and life insurance policies from GST effective September 22, ...Read More >
New Delhi [India], March 31 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), in pursuance of the Union Budget 2026-27 announcement, has operationalised a set of comprehensive reforms, strengthening and streamlining E-Commerce exports as well as broader courier-based imports and exports. This will be effective from 1st April 2026. According to the Ministry of Finance, the reforms include the complete removal of the earlier Rs 10 lakh value cap per consignment on courier exports, the introduction of a streamlined framework for handling returned and rejected parcels and a legally b ...Read More >