Stay updated with the latest goods-and-services-tax-india news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on goods-and-services-tax-india topics.
New Delhi: With robust tax collections from imports, domestic sales and purchases, India's gross goods and services tax (GST) collections jumped 8.8 per cent year-on-year to cross the Rs 2 lakh crore, registering the third highest monthly collection in the 2025-26 fiscal. At the same time, the net GST revenue for March 2026 stood at about Rs 1.78 lakh crore, posting an annual growth of 8.2 per cent after accounting for refunds, the government said on Wednesday. As per the finance ministry's dat ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The Indian rupee may come under further pressure in the coming months if the ongoing West Asia crisis continues, with the Reserve Bank of India (RBI) likely needing to remain flexible in its approach, according to a report by Yes Bank. The report stated that the rupee could weaken to 97.00-97.50 against the US dollar in the first half of FY27. Also Read | Pune Weather Update: IMD Predicts Heatwaves and Above-Normal Rainfall. "RBI will have to be op ...Read More >
New Delhi, Apr 1 (PTI) Passenger vehicle sales in India scaled a new high of 47 lakh units in 2025-26, riding on record performance by automakers such as Maruti Suzuki India, Tata Motors and Mahindra & Mahindra with GST 2.0 revving up sales in the second half of the fiscal. While the industry is looking forward to carrying forward the sales momentum in the new fiscal, it is closely monitoring the West Asia war to mitigate potential supply-side risks and the possibility of impact on demand due t ...Read More >
Nashik: A significant development has emerged in the case of self-styled godman Ashok Kharat, which has shaken the entire state of Maharashtra. Special Public Prosecutor Ajay Misar has expressed his inability to represent the SIT in the case against Kharat. The SIT had formally requested, through a written communication, that Special Public Prosecutor Ajay Misar conduct the prosecution in this matter. However, it has now come to light that Misar declined to take up the case, citing his existing ...Read More >
New Delhi: Tata Motors Ltd on Wednesday reported a 17 per cent growth in total commercial vehicle sales at 47,976 units in March as compared to 41,122 units in the same month last year. Total Commercial Vehicle (CV) sales in the domestic market stood at 45,825 units last month as against 38,884 units in March 2025, up 18 per cent, Tata Motors Ltd said in a regulatory filing. Also read: Tata Motors Passenger Vehicles sales up 29 pc at 66,971 units in March However, international business CV sa ...Read More >
India's Goods and Services Tax (GST) collections closed FY2025-26 on a steady note, with March revenues crossing the ₹2 lakh crore mark, underscoring resilient consumption, strong import activity, and improving compliance even amid global economic uncertainty. Official data show gross GST collections for March 2026 at ₹2,00,064 crore (about $24 billion), marking an 8.8% year-on-year increase from ₹1,83,845 crore a year earlier. Net collections for the month rose 8.2% to ₹1,77,990 crore ($21.4 b ...Read More >
New Delhi, Apr 1 (PTI) GST revenues grew about 9 per cent in March, scaling to the pre-tax cut level of over Rs 2 lakh crore, the third highest monthly collection in the 2025-26 fiscal, buoyed by mop-ups from imports as well as domestic sales and purchases, government data showed on Wednesday. Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore during the month. The gross Goods and Services Tax (GST) mop-up was Rs ...Read More >
New Delhi: Tata Motors Passenger Vehicles Ltd on Wednesday reported a 29 per cent rise in total sales at 66,971 units in March 2026 as compared to 51,872 units in the same month last year. Passenger vehicle (PV) sales in the domestic market stood at 66,192 units as compared to 51,616 units in the same month last year, a growth of 28 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. International business PV sales jumped over three-fold at 779 units last month as against ...Read More >
New Delhi, Apr 1 (PTI) Tata Motors Passenger Vehicles Ltd on Wednesday reported a 29 per cent rise in total sales at 66,971 units in March 2026 as compared to 51,872 units in the same month last year. Passenger vehicle (PV) sales in the domestic market stood at 66,192 units as compared to 51,616 units in the same month last year, a growth of 28 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. International business PV sales jumped over three-fold at 779 units last mont ...Read More >
New Delhi, Apr 1 (PTI) Tata Motors Ltd on Wednesday reported a 17 per cent growth in total commercial vehicle sales at 47,976 units in March as compared to 41,122 units in the same month last year. Total Commercial Vehicle (CV) sales in the domestic market stood at 45,825 units last month as against 38,884 units in March 2025, up 18 per cent, Tata Motors Ltd said in a regulatory filing. However, international business CV sales were lower by 4 per cent at 2,151 units as compared to 2,238 per ce ...Read More >
New Delhi: Domestic gross GST collections rose 8.8 per cent year-on-year to Rs 2 lakh crore in March 2026, driven by steady domestic revenues and a sharp uptick in import-related collections, according to official data released on Wednesday. Gross GST revenue stood at Rs 2,00,064 crore in March, compared to Rs 1,83,845 crore in the same month last year. The growth was led by a strong 17.8 per cent rise in import revenues, while domestic revenues increased at a relatively moderate performance of ...Read More >
India's gross Goods and Services Tax (GST) collections rose 8.8% year-on-year to over ₹2 lakh crore in March, driven by higher revenues from domestic transactions and imports, according to government data released on Wednesday (April 1). The latest collections compare with ₹1.83 lakh crore recorded in March 2025. Gross domestic GST revenues increased 5.9% to over ₹1.46 lakh crore, while revenues from imports grew at a faster pace of 17.8% to ₹53,861 crore. Refund issuance during the month rose ...Read More >
New Delhi: Gross GST collections grew 8.8 per cent to over Rs 2 lakh crore in March, aided by tax mop-ups from domestic sales as well as imports, government data showed on Wednesday. The gross Goods and Services Tax (GST) mop-up was Rs 1.83 lakh crore in March, 2025. Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore. Refund issuance during March rose 13.8 per cent to Rs 22,074 crore, the latest data showed. Afte ...Read More >
New Delhi, [India], April 1 (ANI): India's gross GST collections rose to Rs 2,00,064 crore in March 2026, marking an 8.8 per cent increase compared to Rs 1,83,845 crore in March 2025, according to the data released by the finance ministry. On a year-on-year (YoY) basis, the total gross GST revenue for FY26 stood at Rs 22.27 lakh crore, up 8.3 per cent from Rs 20.55 lakh crore in FY25, indicating sustained momentum in tax collections. Also Read | Indian Uber Eats Driver Jitendrakumar Prajapati ...Read More >
)
India's Goods and Services Tax (GST) collections surged past the Rs 2 lakh crore mark in March 2026, reflecting a robust year-end push in economic activity and compliance. Gross GST collections for March stood at Rs 2,00,064 crore, while net collections -- after refunds, came in at Rs 1,77,990 crore, underscoring healthy underlying tax buoyancy. For the full financial year FY26 (April-March), gross GST revenues rose to Rs 22.27 lakh crore, marking an 8.3 per cent increase over Rs 20.55 lakh cr ...Read More >
New Delhi, [India], April 1 (ANI): India's gross GST collections rose to Rs 2,00,064 crore in March 2026, marking an 8.8 per cent increase compared to Rs 1,83,845 crore in March 2025, according to the data released by the finance ministry. On a year-on-year (YoY) basis, the total gross GST revenue for FY26 stood at Rs 22.27 lakh crore, up 8.3 per cent from Rs 20.55 lakh crore in FY25, indicating sustained momentum in tax collections. The March collections crossing the Rs 2 lakh crore mark sugg ...Read More >
New Delhi, Apr 1 (PTI) Gross GST collections grew 8.8 per cent to over Rs 2 lakh crore in March, aided by tax mop-ups from domestic sales as well as imports, government data showed on Wednesday. The gross Goods and Services Tax (GST) mop-up was Rs 1.83 lakh crore in March, 2025. Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore. Refund issuance during March rose 13.8 per cent to Rs 22,074 crore, the latest data ...Read More >
India's Goods and Services Tax (GST) collection surged to Rs 1.78 lakh crore in March 2026, marking an 8.2% increase from the previous month. Overall GST collections for March reached Rs 2 lakh crore, an 8.8% rise compared to the same month last year, according to official data. India's net Goods and Services Tax (GST) collection rose to Rs 1.78 lakh crore in March 2026, reporting a rise of by 8.2% as compared to the same period last month, as per official data released on Wednesday. Gross GST ...Read More >
New Delhi [India], April 1 (ANI): Opposition MPs on Wednesday protested at the Makar Dwar of Parliament, demanding the withdrawal of the Foreign Contribution (Regulation) Amendment Bill, 2026. Congress MP Hibi Eden called it a "draconian law" that could affect minorities and NGOs across the country. Also Read | 'Memorable Experience': PM Narendra Modi Visits Tea Garden in Assam's Dibrugarh, Lauds Workers for Their Hardwork (See Pics). Speaking to ANI, Eden said, "It is a draconian law which w ...Read More >
New Delhi [India], April 1 (ANI): Opposition MPs on Wednesday protested at the Makar Dwar of Parliament, demanding the withdrawal of the Foreign Contribution (Regulation) Amendment Bill, 2026. Congress MP Hibi Eden called it a "draconian law" that could affect minorities and NGOs across the country. Speaking to ANI, Eden said, "It is a draconian law which will hamper the interests of not just the minorities but many NGOs running in India...We will strongly condemn and object, and demand withdr ...Read More >
New Delhi [India], April 1 (ANI): India's export growth shall remain positive for most OEMs despite a hit on Middle East exports and container availability issues, as per a report by Nuvama Institutional Equities. "We maintain our constructive view on the automobile sector with healthy sales growth prospects for FY26-28E," the report said. The wholesale uptrend is expected to continue in Mar-26 despite production constraints. This momentum is largely driven by enduring positive customer sentim ...Read More >
New Delhi, April 1: The Lok Sabha on Wednesday is set for a packed agenda, with key legislative and financial matters on the table, including the Foreign Contribution (Regulation) Amendment (FCRA) Bill, 2026 and the levy of Special Additional Excise Duty on Aviation Turbine Fuel (ATF). Union Home Minister Amit Shah to move that the Bill further to amend the Foreign Contribution (Regulation) Act, 2010, be taken into consideration. A significant focus will be on the FCRA Amendment Bill, 2026, mov ...Read More >
BENGALURU: AICC General Secretary Randeep Singh Surjewala here on Tuesday lashed out at the Centre as it increased prices of 900 essential medicines, including those for diabetes, hypertension and infectious diseases that will come into effect from April 1. The Modi government and National Pharmaceutical Pricing Authority (NPPA) are increasing the prices of 31 medicines including that for diabetes and prophylactic Merofen 500 mg used in ICUs. It has imposed a 12% GST despite demand for GST exem ...Read More >
MUMBAI: Gold loans have emerged as the top product in new originations and the second-largest retail credit book in India at Rs 16 lakh crore, trailing only home loans at Rs 44 lakh crore, according to credit bureau TransUnion Cibil, even as consumer durable loans, largely for mobile phones, have become the main entry point for first-time borrowers, replacing two-wheelers and priority sector loans. According to TransUnion Cibil's credit market indicator report, credit markets improved in the thi ...Read More >
Mumbai: The Securities and Exchange Board of India (Sebi) has barred Elitecon International and its promoter Vipin Sharma from the securities market, alleging stock price manipulation and misleading disclosures. In an interim ex-parte order, the regulator has directed Sharma and four other individuals to return ₹51 crore of illegal gains. Sebi's investigation found that Elitecon's stock witnessed an extraordinary surge - from around ₹11in August 2024 to a peak of ₹629 in June 2025 - despite ne ...Read More >
The Unchahar project has a BESS capacity of 50 MW/100 MWh, while the Solapur project will have 75 MW/150 MWh, the company said.Solarworld Energy Solutions Limited has secured two orders worth about ₹283 crore for Battery Energy Storage System (BESS) Engineering, Procurement and Construction (EPC) projects from NTPC Limited, the company said in a regulatory filing on Monday, March 30. The contracts relate to BESS implementation at two NTPC thermal power stations under "Lot-2" of the project. O ...Read More >
Bengaluru, Mar 31 (PTI) Karnataka Chief Minister Siddaramaiah on Tuesday criticised State BJP president B Y Vijayendra's demand for a "white paper" on the government's finances, calling it a reflection of his poor understanding of economics and political maturity. He said the allegation that the state is bankrupt stems from the "helplessness, frustration, and jealousy" of BJP leaders who are unable to confront his government politically. "The demand by BJP State President B Y Vijayendra to rel ...Read More >
New Delhi [India], March 31 (ANI): Texmaco Rail & Engineering Limited has secured a significant contract from the JSW Group for the manufacture and supply of freight wagons. According to Texmaco, the total value of the order stands at approximately Rs 421.38 crore, which includes Goods and Services Tax (GST). The base value of the contract, excluding taxes, is pegged at Rs 357.11 crore. The Kolkata-headquartered company received a Letter of Intent (LOI) from JSW Group Companies for the producti ...Read More >
Kolkata, Mar 31 (PTI) Engineering major Texmaco Rail & Engineering Limited on Tuesday said it received a Letter of Intent (LOI) from JSW Group for manufacturing and supplying 20 rakes of freight wagons valued at approximately Rs 421.38 crore, inclusive of GST. The order comprises BLCS wagons, BLSS wagons, BFNV wagons, and BVCM brake vans, designed to support high-capacity container transport and efficient rail logistics operations, a statement said. Sudipta Mukherjee, Managing Director, Texmac ...Read More >
Bengaluru, March 31 (SocialNews.XYZ) The Congress on Tuesday launched a scathing attack on the Bharatiya Janata Party-led Central Government over a fresh wave of price hikes set to take effect on April 1. Addressing a joint press conference at the KPCC headquarters in Bengaluru, AICC general secretary Randeep Singh Surjewala and Karnataka deputy Chief Minister DK Shivakumar categorized the new fiscal year as a "day of loot, rob, and fleece" for the hardworking citizens of the country. Surjewal ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.