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Thursday, November 6, 2025
TopicGST

Topic: GST

What’s behind Siddaramaiah’s invite to 8 CMs for discussion on fiscal federalism

CMs of high revenue states Punjab, Tamil Nadu, Andhra, Telangana, Maharashtra, Gujarat, Haryana, Kerala invited. Karnataka CM has long cited ‘injustice’ meted out to state by Modi govt.

Months after import duty waiver, GST slashed on same 3 anti-cancer drugs. Why this is little relief

Centre moves to reduce costs of trastuzumab deruxtecan, osimertinib & durvalumab, all 3 by British-Swedish pharma giant AstraZeneca. Doctors seek exemptions for more such drugs. 

An out-of-this-world wedding guest list & beware of ‘the third wave’

The best cartoons of the day, chosen by the editors at ThePrint.

Arvind Subramanian on India having missed its chance to rationalise GST rates — ‘moment has passed’

Speaking at an event, the former CEA says he no longer thinks fuel & electricity should be included in GST and added that India has only now, 7 yrs later, reached pre-GST revenue levels.

Embarrassment of riches? Govt halts monthly GST releases as high collections ‘creating resentment’

July 2024 was first time no official release on GST collections was issued. Collections were Rs 1.74 lakh crore in June & average collections this fiscal yr are highest ever, it is learnt.

Budget 2024 shouldn’t be evaluated on tax cuts. Avoiding policy flaws is more important

The demand for converting multiple GST rates into a three-rate system has merit. But the Union Budget is not where such announcements can be expected.

Union Budget is not corporate India’s wishlist. Tax breaks can’t solely drive profit

The incidence of GST is higher on the poor than rich. The public would be better off pushing for faster timelines for this rather than making plaintive appeals for income tax reductions.

GST regime needs transformation. Rate rationalisation, simplification must be council’s key priority

Layers of complexity due to multiple tax rates result in similar products being taxed differently. There should be a phased move towards a low single rate to reduce incentive for evasion.

Modi’s global stature nowhere close to that of Nehru, Indira or Vajpayee, says Yashwant Sinha

Vajpayee must be dismayed looking at Modi govt from heaven, says former Union minister Sinha, questions functioning of EC & ED and govt's claims about India's economy.

India’s first GST Appellate Tribunal President sworn in

Justice (Retd.) Mishra has been selected as the first President of the GSTAT by a Search-cum-Selection Committee headed by the Chief Justice of India.

On Camera

Indians have a complicated relationship with Zohran Mamdani

Mamdani’s politics feels unusual compared to India’s current climate. He unapologetically foregrounds Muslim identity at a time when doing so in India invites scrutiny.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.