The GST Council has approved significant reforms including removing the arrest power of tax officials, raising the prosecution threshold fivefold to Rs 5 crore, and introducing faster, largely automated refunds for taxpayers. These changes, aimed at fostering trust and easing business, will be implemented from April 1, 2027.
The ruling Mahayuti and opposition Maha Vikas Aghadi are set for a significant political contest in the Maharashtra Legislative Council elections. Polling for five seats - three Graduates' and two Teachers' constituencies - will be held on Friday, with 182 candidates in the fray. The results, crucial for both alliances, will be declared on October 27.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.
The GST Council is set to consider a proposal allowing businesses to file for GST registration in multiple states via a single application and standardise the documents required by tax officers, aiming to enhance ease of doing business.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
Union Minister of State L Murugan resigned from the Modi government and his Rajya Sabha membership on Tuesday, stating his intention to return to Tamil Nadu to strengthen the BJP ahead of the 2029 parliamentary elections. His resignation fuels speculation about an upcoming cabinet reshuffle.
Mizoram Excise and Narcotics Minister Lalnghinglova Hmar urged college students to avoid drugs, highlighting the growing concern over cannabis use among young people and the high demand for drugs in the Champhai district. Official data reveals a significant number of injecting drug users and drug-related deaths in the state, with a 2022 survey showing cannabis use among children as young as 10-14.
Bangladesh's Home Minister Salahuddin Ahmed will skip the first-ever BIMSTEC home ministers' meeting in New Delhi, with a senior bureaucrat leading the delegation. This absence underscores strained India-Bangladesh ties, particularly following the ouster of the Sheikh Hasina government in August 2024 and Dhaka's request for her extradition from India.
Prime Minister Narendra Modi met India's Asian Games medal-winners, including the gold-winning cricket teams, on Thursday. He praised their achievements, highlighting India's growing strength in sports and its ambition to become a credible host for major international events, including a bid for the 2036 Olympics. Modi also emphasised the government's support for athletes and urged medallists to mentor the next generation.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
Murugan's resignation comes amid speculation over an impending ministerial reshuffle.
NCP (SP) leader Supriya Sule has alleged that the BJP is using pens fitted with spy cameras to record voters in the Maharashtra MLC polls for Pune Teachers' and Graduates' constituencies. She claimed voters were offered money to record their votes for BJP candidates. Chief Minister Devendra Fadnavis stated he was unaware of such devices. Sule has urged the Election Commission to investigate these serious complaints.
Defence Minister Rajnath Singh on Tuesday called for dialogue and diplomacy to resolve global conflicts, stating, "war can never be the answer to war," while addressing the Shanghai Cooperation Organisation (SCO) Council of Heads of Government meeting in Dushanbe, Tajikistan.
Telangana Forest Minister Konda Surekha was dropped from the state cabinet, leading her to accuse Chief Minister A Revanth Reddy of "blackmail politics." Surekha claims her removal was due to critical remarks made by her daughter against the CM and other party leaders, despite the Congress high command not favouring her ouster. She has written to top Congress leaders seeking intervention.
JD(U) MLA Anant Kumar Singh clarified his controversial "nine murders for Nitish Kumar" remark, stating it was misunderstood. He claimed he was referring to family members murdered due to his proximity to Nitish Kumar during RJD rule, not that he committed murders. The Mokama legislator, currently upset with JD(U) over legislative council polls, had previously made the statement causing a political stir.
The BRICS Youth Ministers' Meeting, organised by India's Sports Ministry, successfully concluded in Visakhapatnam. Presided over by Sports Minister Mansukh Mandaviya, the meeting built upon previous youth engagements, focusing on developing young leaders and promoting youth cooperation among BRICS nations.
Maharashtra Chief Minister Devendra Fadnavis has ordered a forensic investigation into a controversial audio clip released by Maratha quota activist Manoj Jarange. The clip purportedly claims Rs 500 crore was delivered to Jarange through Shiv Sena MP Shrikant Shinde, sparking accusations from Shiv Sena leader Ramdas Kadam that BJP insiders are plotting to 'finish' Deputy CM Eknath Shinde.
Maharashtra BJP MLC Parinay Fuke has criticised MNS chief Raj Thackeray, alleging that Thackeray's public statements and influence are solely due to the police security provided by Chief Minister Devendra Fadnavis. Fuke claimed Thackeray would not leave his home if the security was withdrawn. The MNS, through leader Sandeep Deshpande, retorted that security decisions are institutional, not personal, and challenged the BJP to withdraw it. This exchange follows Thackeray's recent criticisms of the state government.
Cockroach Janta Party founder Abhijeet Dipke claims Delhi Police may detain him ahead of the party's 'Lehra Do Tiranga' march in Central Park, Connaught Place, on Friday. The march is a protest against Chief Election Commissioner Gyanesh Kumar over alleged electoral irregularities. Dipke criticised the closure of Central Park and the alleged arrests of CJP members for waving the national flag, accusing the Prime Minister of hating the Tiranga and alleging an undeclared "Emergency".
Maharashtra minister and Asian Cricket Council board member Adv. Ashish Shelar has been unanimously elected as the president of the E Sports Games Federation (ESGF) in India. Shelar, who also holds portfolios for Electronics, IT, AI, and Cultural Affairs, aims to enhance platforms, training, and opportunities for India's growing esports community, especially with the Indian team participating in the upcoming Asian Games.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Union Education Minister Pralhad Joshi announced that revised NCERT textbooks for classes 10 to 12 are being prepared in "mission mode," while textbooks for classes 1 to 9 under the new National Curriculum Framework have already been released. He emphasised NCERT's role in building a 'Viksit Bharat' and highlighted the need for curricula to evolve with AI advancements and the importance of India's young population as a global asset.
The GST Council has approved a proposal allowing pharmaceutical companies to claim Input Tax Credit (ITC) on free samples and goods destroyed or written off due to expiry, effective from the next fiscal year. This move aims to support manufacturing, liquidity, and exports within the sector.
The Uttar Pradesh Cabinet has officially approved the renaming of the Noida International Airport at Jewar to 'Narendra Modi International Airport, Noida-Jewar', a move Chief Minister Yogi Adityanath described as a "major gift" to the state.
Russian Foreign Minister Sergey Lavrov has publicly supported India's bid for a permanent seat on the United Nations Security Council. He stated that any reform of the UNSC should not grant additional seats to Western countries like Germany and Japan, citing their "militarism and revanchism." Instead, Russia advocates for increased representation from Asia, Africa, and Latin America, specifically backing India and Brazil, while also emphasizing the need to address African interests.
Asian Cricket Council president Mohsin Naqvi will not attend the Asian Games 2026 gold medal cricket match between India and Pakistan due to prior commitments. His absence helps avoid a potential protocol conflict given the ongoing tensions with the BCCI regarding trophy presentations.
India has strongly rejected a report by a UN human rights expert, Gina Romero, which claimed that young people in India face retaliation or stigmatisation for discussing mental health or gender justice. India's First Secretary Anuj Swarup labelled the report as "hearsay" based on "anonymous and unverified claims," asserting that it does a disservice to the expert's mandate. Swarup highlighted India's constitutional freedoms, independent judiciary, and government's proactive engagement with youth, citing examples like the amendment to the Public Examinations Act and the Viksit Bharat Young Leaders Dialogue.
JD(U) MLA Anant Kumar Singh openly defied his party by supporting a rival candidate, Anuj Singh of the Jan Suraaj Party, for the Bihar legislative council elections. This move is seen as a direct challenge to JD(U)'s official candidate, Neeraj Kumar, with whom Singh has a long-standing rivalry. The JD(U) leadership is reportedly considering action against Singh.
JD-U MLA Anant Singh, a prominent 'strongman' in Bihar politics, has openly defied his party by campaigning for Jan Suraaj Party candidate Anuj Singh in the Patna Graduate constituency legislative council polls.
India's Next-Gen GST reforms are proving instrumental in driving robust economic growth, simplifying tax compliance, and fostering a more inclusive business environment across the nation, aligning with the vision of a 'Viksit Bharat', writes Finance Minister Nirmala Sitharaman.
Pakistan Prime Minister Shehbaz Sharif repeatedly refused to answer reporters' questions regarding Lashkar-e-Taiba (LeT) chief Hafiz Saeed during his visit to the United Nations headquarters for the 81st United Nations General Assembly (UNGA).
Five southern states are stepping up coordination on delimitation, tax devolution and language issues, reviving calls for a stronger collective South platform.
Rahul Gandhi has written to President Droupadi Murmu, urging her to ask the government to reconsider the appointment of Dushyant Gautam as Governor of Sikkim. Gandhi argues that Gautam's appointment, while a CBI probe into the Ankita Bhandari murder case is ongoing, places him beyond the reach of investigation due to gubernatorial immunity. Ankita's parents allege Gautam's involvement and have protested the appointment.
JD(U) MLA Anant Kumar Singh has publicly declared his intention to support and campaign for Jan Suraaj Party candidate Anuj Singh against his own party's MLC, Neeraj Kumar, in the upcoming Bihar legislative council polls. Singh cited personal scores and past conspiracies involving Neeraj Kumar and RCP Singh as reasons for his rebellion.
BJP legislators in Karnataka protested during a special legislative session by reciting the full version of Vande Mataram after the official recording played in the Assembly and Council ended after only two stanzas. The Congress government in the state has a standing order to play only the first two stanzas at its programmes, except for high-profile events.
Home Minister Amit Shah on Tuesday criticised Congress leader Rahul Gandhi and the opposition amidst ongoing protests for the resignation of CEC Gyanesh Kumar and scrapping of SIR. Shah predicted a "crushing defeat" for the Congress in the 2029 general elections, citing the BJP's and NDA's strong public support and the Congress's dismal performance in recent bypolls and local body elections across several states, including West Bengal, Tamil Nadu, Puducherry, Rajasthan, Gujarat, and Tripura. He urged the Congress to introspect instead of engaging in "negative politics" and "fabricated media events."
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
India's ruling Bharatiya Janata Party (BJP) is actively courting Sri Lanka's Janatha Vimukthi Peramuna (JVP), a Marxist party with strong Sinhalese nationalist roots, marking a significant shift in bilateral relations despite ideological differences. This engagement, highlighted by a recent high-profile visit by JVP leader Tilvin Silva, aims to foster cooperation on economic projects and address New Delhi's concerns over slow progress in India-aided initiatives in the island nation.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
The Aichi-Nagoya Asian Games have officially concluded, with India finishing a commendable fourth in the medal standings.
