RBI MPC keeps repo rate unchanged at 5.5% in October 2025 policy review; neutral stance retained as inflation moderates and growth outlook remains resilient.
The Central Goods and Services Tax (CGST) department of Kanpur successfully organized 'SAMVAD' to discuss the Next-Gen GST 2.0 Reforms, bringing together key stakeholders from the industrial and trade community, tax professionals, and policymakers.
CBIC withdraws GST Circular No. 212/6/2024-GST on supplier compliance evidence under Section 15(3)(b)(ii) of CGST Act. New Circular No. 253/10/2025 eases compliance for discounts.
Govt monitors e-commerce platforms after 3,000+ complaints that GST rate cuts were not passed to consumers. Amazon, Flipkart assure compliance amid festive sales.
ED attaches Rs 15.41 crore worth of properties in Kolkata and Howrah linked to a Rs 734 crore GST fake ITC fraud involving 135 shell companies across three states.
After GST exemption on health and life insurance policies, insurers like Tata AIG and ABHI cut commissions from Oct 1, 2025, passing GST costs to distributors.
FIU-IND has issued notices to 25 offshore Virtual Digital Asset Service Providers, including Huione, Paxful, CEX.IO, and BitMex, for non-compliance under the PMLA, 2002.
India's GST collections hit Rs 1.89 lakh crore in September 2025, up 9.1% YoY. Imports drove growth with 15.6% rise, while states like MP, Meghalaya, and Sikkim posted strong gains.
Notebook makers warn GST inverted duty on paper and books will raise costs, block ITC and threaten domestic production and affordability for students.
AIOCD urges govt relief for small chemists hit by GST 2.0 tax cuts on medicines, warning closures could impact rural access to essential drugs without urgent support.
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