India's retail sector reported 11% festive-period growth in 2025, with RAI attributing the rise to GST cuts, strong value-driven shopping, and robust demand across grocery, jewellery, footwear and QSR segments.
An Ambur senior citizen claims his bank account was frozen over Rs 1 crore GST fraud committed using his Aadhaar, leaving him unable to access his only pension income.
India’s GST revenues could rise to Rs 4-5 lakh crore a month if loopholes are plugged, SBI's Chief Economic Advisor said, noting strong growth from Rs 1 lakh crore to over Rs 2 lakh crore monthly collections in five years.
Solar companies report minimal relief from the GST reduction on modules as restricted ITC claims offset expected savings. Developers say meaningful gains depend on faster refund mechanisms.
Haryana traders raised concerns over rising GST burden, complex compliance and the growing dominance of foreign online trading companies during a meeting in Sirsa.
GSTN issues advisory reminding taxpayers to furnish bank account details as per Rule 10A within 30 days of registration or before filing GSTR-1/IFF
Central GST officials recovered Rs 3 crore cash during a raid on Agarwal Dhaba in Jalandhar, Punjab. Preliminary investigation points to large-scale tax evasion and irregularities in financial records.
The Telangana Commercial Taxes Department has issued a new SOP to prevent and rectify multiple GST orders issued for the same cause of action under the TGST Act, 2017.
Despite GST cuts on apparel and footwear, India’'s festive sales remained muted as early Diwali, weak discretionary spending and GST transition delays hurt demand across retailers.
India's Q2 GDP may exceed 7.5% driven by GST rate cut, festive consumption, and strong rural and services demand, says SBI Research, projecting robust near-term growth.
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