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GST Collections Rise 6.1% to Rs 1.75 Lakh Crore in December 2025
02 January 2026 at 09:32GST collections rose 6.1% YoY to Rs 1.75 lakh crore in December 2025, driven by strong import GST and improved compliance, official data shows.
GST on Pan Masala, Cigarettes to Be Levied on Retail Sale Price from 1st February 2026
02 January 2026 at 06:41CBIC has notified RSP-based GST valuation for pan masala, cigarettes, and tobacco products through Notifications 19/2025 and 20/2025. New Rule 31D under CGST Rules comes into effect from February 1, 2026.
Centre Notifies Nil Compensation Cess on Several Goods from 1st February 2026
02 January 2026 at 06:41The Centre has notified Nil compensation cess on several goods under GST through Notification No. 03/2025, effective from February 1, 2026, following GST Council recommendations.
MCA Revises Director KYC Norms, DIR-3-KYC Filing Required Once Every 3 Years
02 January 2026 at 06:41MCA has amended Director KYC rules, allowing DIR-3-KYC Web filing once every three years from March 31, 2026, with mandatory updates on change in personal details.
MCA Amends Rules for Strike-Off of Government Companies, New Indemnity Norms Notified
02 January 2026 at 06:40MCA has amended the Companies (Removal of Names) Rules, 2016, allowing authorised government officers to submit STK-3A indemnity bonds for strike-off of Government companies.
CBIC Notifies New Excise Rules for Tobacco Products from 1st February 2026
01 January 2026 at 08:11The Centre has notified February 1, 2026, as the effective date for the Central Excise (Amendment) Act, 2025, introducing a machine-based excise duty regime for chewing tobacco, jarda scented tobacco and gutkha.
Centre Notifies Major GST Rate Changes for Tobacco, Cigarettes and Biris from 1st February 2026
01 January 2026 at 08:09Government notifies GST rate changes for tobacco, pan masala, cigarettes and biris. New higher GST slabs to apply from February 1, 2026, as Schedule VII is removed.
ICAI Defers Phase IV of Peer Review Mandate to 31st December, 2026
01 January 2026 at 07:18ICAI defers Phase IV of Peer Review mandate by one year. Peer Review for CA firms auditing PSB branches or having 3+ partners now mandatory from 31 Dec 2026.
Ministry of Finance Year Ender 2025: DIPAM Advances Market-Oriented Reforms in CPSEs
01 January 2026 at 07:18DIPAM played a key role in strengthening public finances in 2025, with CPSE dividend receipts rising to Rs 74,017 crore, successful Mazagon Dock OFS disinvestment.
CBIC Mandates Body-Worn Cameras for Customs Officers at International Airports to Boost Transparency
01 January 2026 at 07:18CBIC mandates body-worn cameras for Customs officers at international airports to enhance transparency, accountability, and passenger trust. SOP issued under Instruction No. 34/2025.
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