2025 will be remembered for major tax reforms that brought about significant changes in the way individuals and businesses pay taxes. The push for tax reform began with the Union Budget 2025-26, presented in February by Finance Minister Nirmala Sitharaman. Under the new tax regime, the tax-free income limit was raised from Rs 7 lakh to Rs 12 lakh.
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Punjab Finance Minister Harpal Singh Cheema on Tuesday said the AAP government has brought down the debt-to-GSDP ratio by four percentage points to 44.47 per cent.
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
For licensing purposes, the product had been described as a "non-fruit syrup containing 10% fruit juice", since it did not meet the higher fruit content threshold prescribed under food safety norms for a "fruit syrup".
Two housekeeping employees, working at a Central Government GST office, posed as "Intelligence Officers" and ran an extortion racket targeting city traders before being caught in Bengaluru.
Retail sales of medium and heavy commercial vehicles grew 15.4% year-on-year in January, with light commercial vehicle retail volumes up 14.9%, reflecting GST benefits.
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.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The CentrePradeep Bhandari
Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
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