The fiscal consolidation continues. In 1HFY25, the government posted the lowest fiscal deficit as a percentage ...
ICICI Bank report predicts 8.3% growth in indirect tax collection for FY26, with focus on GST and corporate tax.
While India seeks to counter global headwinds and uncertainties that can mar its economic growth, it should ensure the boost ...
Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...
The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...
The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to ...
Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...
The instruction emphasizes that departmental appeals should not disqualify eligible taxpayers from availing of the benefits of Section 128A. It also directs proper officers to withdraw such appeals or ...
In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade ...
Sanjay Kumar Agarwal, CBIC discusses how the reforms announced in the Budget 2025 will boost trade while ensuring strong anti ...
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Taxes and impact on aggregate demand
The lesson of history is that the aggregate demand plays an important role in sustaining the level of economic activity.