The GST Council on Thursday cleared a major set of changes to GST administration, including ending the power of GST officers to arrest taxpayers, increasing the criminal prosecution threshold to…
Category: Economy
Homecooked food gets expensive, vegetarians to pay more than non-vegetarians amid onion, rice, LPG price hike: Crisil
The cost of cooking a home-made meal has witnessed an increase in September 2026 amid the sharp rise in onion, edible oil and , which pushed up household food expenses,…
India signs pact to address global excess capacity: What is it? Who are the 15 signatories? Check joint statement
India has joined the United States and 13 other economies in endorsing a joint ministerial statement focused on tackling structural excess capacity and production in major manufacturing sectors. The participating…
India eyes $1 trillion exports despite weak global trade outlook: Piyush Goyal
New Delhi: India is targeting $1 trillion in exports this fiscal year even as global trade is expected to grow just 2.5-3%, commerce and industry minister Piyush Goyal said on…
GST Council meet: Tax officers’ arrest power scrapped; easier e-comm norms for small sellers — Check key highlights
The 57th GST Council has decided to remove the power of tax officers to arrest individuals in certain GST-related cases and has raised the threshold for prosecution to ₹5 crore…
Retail inflation likely hit 23-month high of 5.6% in September: Mint poll
New Delhi: India’s retail inflation likely surged to a 23-month high of 5.6% in September, accelerating from 4.8% the previous month, driven mainly by costlier food items, energy price spillovers…
E-way bill generation hits FY27 high as festive season lifts goods movement
NEW DELHI: India’s goods movement picked up in September ahead of the festive season, with electronic permits for shipments within and across states rising to their highest monthly level so…
GST Council meeting today: No rate changes likely, faster refunds | 10 key expections, reforms on table
The 57th GST Council meeting is currently underway today, October 8, at Bharat Mandapam in New Delhi, with the Council expected to focus on procedural and structural reforms rather than…
RBI’s next rate hike will be of 0.50%: SBI Economists
Mumbai: The RBI will hike the key repo rate by a steeper 0.50 per cent at the next monetary policy review in December, economists at the country’s largest lender SBI…