The first of several rebates from the federal government is set to go out to qualifying Canadians in just a few days, which means some will be getting a bit extra in their wallets to start the new ...
There has been a further strengthening of India’s Goods and Services Tax (GST) collection as tax compliance improves and continued economic momentum is sustained. The gross GST revenue collected in ...
The gross Goods and Services Tax collections for December 2025 were at Rs 1.75 lakh crore, marking a 6.1 per cent increase from the previous year. The April-December period of 2025-26 saw massive ...
India's GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India's net GST revenue, after accounting for refunds, rose 2.2% ...
GST Collection December 2025: India’s goods and services tax (GST) collections in December 2025 rose 6.1% to Rs 1,74,550 crore, compared with Rs 1,64,556 crore in December 2024, according to the ...
GST compensation cess proceeds—which was levied only on tobacco in December – fetched ₹4,536 crore, down from ₹11,471 crore the previous December, when the levy covered all items on the 28% ...
Goods and Services Tax saw major shifts in 2025. A GST rates rationalisation, GST Appellate Tribunal launch, and changes to blocked credit definitions impacted businesses. Landmark court rulings ...
Gross GST collections rose 6.1 per cent to over ₹1.74 lakh crore in December 2025, on slow growth in revenues from domestic sales following the sweeping tax cuts, according to government data released ...
The GST Council may consider cutting goods and services tax on air and water purifiers for domestic use from 18 per cent to 5 per cent, reclassifying them as essential items rather than discretionary ...
The GST Council in its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven. Sources ...
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Industry experts expect the momentum to continue, changing their expectation of low single-digit growth expectations for this fiscal (FY26) to double-digit projections. Looking back at India’s auto ...