GST News

GST 2.0 Boosts MSME Expansion Plans as Banks Near Annual Lending Targets

18 November 2025 at 06:39

The GST rate cut has led to a surge in MSME loan demand, with banks like SBI, IOB, PNB and Indian Bank reporting sharp growth in credit enquiries and portfolio expansion.

Posted in GST | 1095 Views

CBIC Highlights Next-Gen GST Reforms at India International Trade Fair 2025

17 November 2025 at 06:34

CBIC Chairman Sanjay Kumar Agarwal inaugurated the "GST & Customs Pavilion" at the 44th India International Trade Fair (IITF) 2025 in New Delhi

Posted in GST | 504 Views

DGGI Files 299-Page Chargesheet in Rs 7.18 Crore GST Evasion Case

17 November 2025 at 06:34

DGGI has filed a 299-page chargesheet against Tushar Raheja in a Rs 7.18 crore GST evasion case involving fake bills and eight bogus firms.

Posted in GST | 1584 Views

Insurance Demand Rises Sharply Post GST Rate Cut, Says IRDAI

17 November 2025 at 06:34

IRDAI reports strong growth in life and retail health insurance after GST on premiums was cut to zero.

Posted in GST | 1401 Views

Hyderabad GST Fraud: 2 Arrested for Creating 10 Fake Firms, Claiming Rs 11.79 Crore ITC

17 November 2025 at 06:34

Cyberabad Police have arrested two persons in a major GST fraud case involving 10 fake firms and Rs 11.79 crore fraudulent ITC claims.

Posted in GST | 261 Views

Rs 35 Crore GST Notice Shocks Labourer in Moga, Fake Company Registered in His Name

17 November 2025 at 06:34

A daily-wage labourer in Moga, Punjab, has been served a shocking Rs 35 crore GST notice after a fake company was registered in his name, using his Aadhaar and PAN. He claims no business, no PAN and demands justice.

Posted in GST | 1110 Views

GST 2.0 Driving Transparency & Growth: ICAI President Outlines Key Reforms

15 November 2025 at 07:17

ICAI President’s November message highlights GST 2.0 reforms, MSME Clinic rollout, global benchmarking of CA qualification, and ICAI’s growing global and digital initiatives.

Posted in GST | 1194 Views

GST Exemption Fuels 50% Jump in Term Insurance Sales; Insurers Expect Trend to Continue

15 November 2025 at 06:44

Life insurers report sharp increase in pure protection plans post GST cut; HDFC Life up 50%+, Axis Max Life up 34%, SBI Life sees 33% growth.

Posted in GST | 246 Views

DGGI Delhi Busts Rs 645 Crore Fake ITC Racket

14 November 2025 at 09:22

DGGI Delhi uncovers ₹645 crore fake ITC racket using 229 dummy firms; key operator Mukesh Sharma arrested. Money-laundering links through NGO, political outfit probed.

Posted in GST | 201 Views