Former Finance Minister P Chidambaram spoke about the centre's change of stance on GST compensation to states in an exclusive interview to NDTV. He says he welcomes the decision but would not call it a "climbdown". "I welcomed it yesterday. It is indeed a change of heart, but we shouldn't call it a climbdown or standdown. Let's take it as: the centre has eventually recognised the validity of the demand of the opposition-ruled states and has accepted that principal VAT of Rs 1.1 lakh crore should be borrowed by centre and then on lend to the states as a back to back loan," he said.
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Gross GST collections from domestic sales rose 16 per cent to over Rs 1.59 lakh crore, and revenues from imports climbed 42 per cent to Rs 72,246 crore.
Total GST refunds rose 6.5% year-on-year to Rs 27,934 crore from Rs 26,225 crore.
November 2026 brings several important financial changes, including revised PNB credit card charges, new fees on failed transactions at IndusInd Bank, GST amendments and an extended ITR filing deadline for eligible audited taxpayers.
Harley-Davidson's X350T has been spotted testing undisguised in India. Built on the X440 platform, it features a 349cc engine to benefit from lower GST rates, bringing iconic roadster styling at a more accessible price point.
Harley-Davidson X350T retains the design of the X440T but will likely come with a downsized engine.
National CA Day: भारत की आर्थिक तरक्की के मौन शिल्पकार हैं सीए
Thursday July 02, 2026आज राष्ट्रीय चार्टर्ड अकाउंटेंट दिवस (सीए-डे) मनाया जा रहा है. भारत की विकास यात्रा में चार्टर्ड अकाउंटेंट्स के योगदान को याद कर रहे हैं कृष्ण गोपाल अग्रवाल.
मोदी सरकार के 12 साल: कैसे तय होगा 10 ट्रिलियन डॉलर वाली अर्थव्यवस्था बनने का सफर, अब तक क्या हुआ
Wednesday June 10, 2026नरेंद्र मोदी के 12 साल के कार्यकाल में अर्थव्यवस्था ने तेज छलांग लगाई है, उसके कई क्षेत्रों में उल्लेखनीय सुधार हुआ है. मोदी सरकार को सुधार की दिशा में ऐसे कदम उठाने होंगे, जो भारत को अंतरराष्ट्रीय जगत के लिए तैयार करे.
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'Derek O’Brien
Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
GST Rate Cuts Light Up The Festive Season
Wednesday October 15, 2025The GST rationalisation is a gradual impetus to India's growth story.
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