Finance minister Nirmala Sitharaman

Coronavirus outbreak: FM Sitharaman eases compliance burden to reduce pain

The Narendra Modi government announces easier compliance in areas such as income tax, GST, customs & excise, banking and trade. Read more »
India GST collection

GST collection tops Rs 1 lakh cr for second straight month

The December mop-up at Rs 1.03 lakh crore is below the target of Rs 1.1 lakh crore for the last four months of FY20. Read more »
FM Nirmala Sitharaman chaired the GST Council meeting attended by state finance ministers.

GST Council votes for the first time to levy 28% tax on all lotteries

Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »
Car sales hit by economic slowdown, BS VI, EV confusion

Economic slowdown throws automobile industry off the rails

Automobile industry hit by economic slowdown, confusion over BS-VI norms and electric vehicles. Read more »
FM Nirmala Sitharaman may agree with states on GST rate hike.

GST update: Centre, states may agree to raise rates, rejig slabs

The GST Council meet on December 18 to take call on hikes amid a huge shortfall in revenue collections. Read more »
India promotes electic vehicles to meet Paris Agreement targets

Electric vehicles: India pulls out all stops for a green future

The government has lined up tax concessions, subsidies to promote green transport infrastructure. Read more »
Indian economy facing slowdown

November GST collection grows 6%, brings cheer after dismal GDP numbers

The indirect tax mopup is the third highest since GST was introduced in July 2017. Read more »
India GST collection

Process on to transfer of private stake in GSTN to central, state govts

Goods and Services Tax Network to be a 50:50 venture of Centre, states. Read more »
India GST collection

GST compensation: State FMs seek early release of funds

Finance ministers of Delhi, Kerala, West Bengal, Punjab and Rajasthan say delay in payment has stalled state governments' activities. Read more »
Income tax raids across India

GST update: Govt communication on indirect taxes without this number invalid

The new system is expected to bring in transparency and accountability through the use of technology. Read more »