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Tuesday, July 22, 2025
TopicGST

Topic: GST

GST collection at Rs 1.55 lakh crore in January, second highest-ever

The revenues in the current financial year up to January 2023 are 24% higher than the GST revenues during the same period last year.

Think twice before tax fraud, the authorities are on to you with AI

Post-GST rules have created a host of tax evasion methods. But the tax department has new tricks up their sleeve

Why Oxfam report on inequality in India doesn’t add up — old data, unlikely tax burden on poor

It's hard to reconcile how bottom half of population makes up 64% of taxes on food & non-food items when most are either exempt, bought once in a few years, or not bought by poor.

GST Council agrees to decriminalise certain offences, doubles limit for launching prosecution

Council members agreed to raise the threshold of launching prosecution to Rs 2 crore from the present Rs 1 crore & GST on husk of pulses was reduced to 0 from 5 per cent.

Why Kanpur traders protested over Yogi’s GST raids — ‘heavy fine for discrepancy of even Re 1’

Kanpur: The anger that was simmering among traders in Uttar Pradesh after the Yogi Adityanath government launched state-wide goods and services tax (GST) raids...

GST collection rises by 16.6% to Rs 1.52 lakh cr in Oct, second highest ever

Previously, GST collection touched a record high of roughly Rs 1.68 lakh crore in April this year. In October last year, the revenues stood at over Rs 1.30 lakh crore.

Hijab has bench in a tangle & why aloo paratha fans are fretting over GST

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

Gujarat’s gung-ho about garba after 2-yr hiatus, but organisers, patrons peeved about 18% GST

BJP govt in state had defended the GST on tickets, saying it's been prevalent since 2017. While some organisers are passing on the tax to patrons, others are finding ways to dodge it.

GST’s ‘give-and-take’ attitude has dried up. India needs a system overhaul

In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised.

How Karza’s K:GST and K:ITR are making credit underwriting for SMEs simpler and faster

Karza Technologies is a part of Perfios Software Solutions and together they are the largest B2B SaaS provider for the BFSI fraternity.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.