The govt confirms GST rate cut benefits are reaching consumers; prices of 54 essential items monitored to ensure full tax relief and transparency.
The CBDT has signed a record 174 Advance Pricing Agreements (APAs) in FY25 - the highest ever including 65 Bilateral APAs and one Multilateral APA.
The government plans to notify all rules under the new income tax law by December 31, 2025, through a single consolidated notification.
GSTN has introduced UPI and Debit/Credit Card payments for GST, adding Indian Overseas Bank and Bandhan Bank to its network.
India's pharmaceutical sector is set for moderate Q2 FY26 growth as GST rate revisions and US pricing pressure weigh on margins.
At the GST Bachat Utsav in New Delhi, Union Ministers Nirmala Sitharaman, Piyush Goyal, and Ashwini Vaishnaw announced that Next-Gen GST reforms have reduced tax slabs, cut rates on essentials, and boosted consumer spending.
MCA allows companies to file FY 2024-25 annual returns using new e-Forms on MCA-21 V3 portal without additional fees till December 31, 2025.
GSTN extends GSTR-3B filing due date for September 2025 from October 20 to October 25, offering festive season relief and easier GST compliance for taxpayers.
GST portal introduces a new IMS feature allowing taxpayers to mark credit notes as "Pending" and declare ITC reversal amounts for better compliance.
Union Finance Minister Nirmala Sitharaman urges rural banks, including Karnataka Grameena Bank, to boost credit for agriculture, allied sectors and MSMEs, focusing on financial inclusion and rural economic growth
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