News for 'GST'

Vijay's unconventional journey from 'Thalapathy' to 'Muthalvan'

Vijay's unconventional journey from 'Thalapathy' to 'Muthalvan'

Rediff.com10 May 2026

Actor Vijay's journey from a shy film star to a political leader is explored, highlighting his unconventional methods and the key moments that shaped his transformation.

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Rediff.com7 May 2026

Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rediff.com25 Apr 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee, accusing them of prioritising the wealthy over the poor and failing to create job opportunities.

GST rejig: Consumer stocks are top investment pick

GST rejig: Consumer stocks are top investment pick

Rediff.com19 Aug 2025

The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Rediff.com1 Aug 2025

Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore.

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

Rediff.com12 Sep 2025

The country's largest carmaker Maruti Suzuki India expects auto sales to bounce back to the glory days of 7 per cent growth by FY 27, helped by the proposed GST rate cut which is expected to bring down car prices by 3.5 to 8.5 per cent.

GoM nods govt's proposal of two-slab GST of 5, 18%

GoM nods govt's proposal of two-slab GST of 5, 18%

Rediff.com21 Aug 2025

The GoM of state ministers on GST rate rationalisation on Thursday accepted the Centre's proposal to move to a two-slab structure of 5 and 18 per cent. Bihar Deputy Chief Minister and convenor of rate rationalisation GoM Samrat Choudhary said the six-member state ministerial panel has also accepted the proposal of removing the 12 and 28 per cent slabs.

No GST return filing 3 years after original date

No GST return filing 3 years after original date

Rediff.com7 Jun 2025

GST Network on Saturday said beginning the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after three years of the original filing due date. The July 2025 tax period means taxpayers will file

GST cut: AC prices may go down by up to Rs 2,500

GST cut: AC prices may go down by up to Rs 2,500

Rediff.com18 Aug 2025

The appliance makers expect a good churn in the festive season, led by the government's proposal to reduce the GST slab on air-conditioners from the current 28 per cent to 18 per cent, which will reduce the price from Rs 1,500 to Rs 2,500 depending on the models.

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

Rediff.com6 Sep 2025

Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22.

India's EV market surges in FY26, driven by strong year-end push

India's EV market surges in FY26, driven by strong year-end push

Rediff.com2 Apr 2026

India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Rediff.com27 Apr 2026

India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.

Tempted By GST Car Deals? Brake And Research!

Tempted By GST Car Deals? Brake And Research!

Rediff.com8 Oct 2025

'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'

10 Vijay Films That Defined The Thalapathy

10 Vijay Films That Defined The Thalapathy

Rediff.com4 May 2026

As Vijay is set to lead Tamil Nadu after a historic electoral win, we take a look back at films that built his mass appeal while affirming how cinema shaped his larger-than-life public persona.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Rediff.com17 Apr 2026

The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

Delhi's Drone Policy Aims for Safe Operations and Ecosystem Growth

Delhi's Drone Policy Aims for Safe Operations and Ecosystem Growth

Rediff.com4 Apr 2026

The Delhi government is developing a drone policy focused on creating research clusters, establishing testing facilities, enabling drone use in traffic management, and providing subsidies to support the drone ecosystem.

GST collections rise 6.2% to over Rs 1.84 lakh cr in Jun

GST collections rise 6.2% to over Rs 1.84 lakh cr in Jun

Rediff.com1 Jul 2025

Gross GST collections increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months. Gross GST collections stood at Rs 173,813 crore a year ago, as per government data released on Tuesday.

GST collections jump to Rs 2.01 lakh cr in May

GST collections jump to Rs 2.01 lakh cr in May

Rediff.com1 Jun 2025

Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore. Goods and Services Tax (GST) collection had touched a record high of Rs 2.37 lakh crore in April. In May, 2024, the mop up was Rs 1,72,739 crore.

Distress address, outright lies: Oppn tears into Modi's address

Distress address, outright lies: Oppn tears into Modi's address

Rediff.com19 Apr 2026

Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.

DBS Bank India Enables Direct Tax Payments via TIN 2.0

DBS Bank India Enables Direct Tax Payments via TIN 2.0

Rediff.com23 Mar 2026

DBS Bank India has launched a direct tax payment facility after authorisation from the Central Board of Direct Taxes (CBDT). Utkarsh Small Finance Bank partners with Mumbai Indians as banking partner for T20 League 2026.

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

Rediff.com5 Sep 2025

Two-wheeler sales volume is expected to grow 5-6 per cent this fiscal, while that of passenger vehicles to see a 2-3 per cent rise, following the GST rates rationalisation on automobiles, according to Crisil Ratings. The GST Council's decision to move to a two-rate structure of 5 per cent and 18 per cent, effective September 22, 2025, is a timely move that will revive demand for automobiles, Crisil Ratings said in a statement.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

Breather for Infosys, DGGI closes Rs 32,400 cr GST case

Breather for Infosys, DGGI closes Rs 32,400 cr GST case

Rediff.com7 Jun 2025

The Director General of GST Intelligence has closed pre-show cause notice proceedings against Infosys for financial years 2018-19 to 2021-22, involving a GST amount of Rs 32,403 crore, the company said in a statutory filing.

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Two-wheeler Industry hits speed bump over ABS mandate

Two-wheeler Industry hits speed bump over ABS mandate

Rediff.com19 Jan 2026

India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes.

Budget 2026: Reform Express is on its way, says Nirmala

Budget 2026: Reform Express is on its way, says Nirmala

Rediff.com1 Feb 2026

Various reforms, including GST, labour codes, and quality control order, have been rolled out since August 15.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

K'taka traders call bandh on Friday over UPI-based GST notices

K'taka traders call bandh on Friday over UPI-based GST notices

Rediff.com23 Jul 2025

Traders in Karnataka are raising concerns over GST demand notices based on UPI transaction data. A tax official defends the action, stating it's within the law and recipients can respond with documentation.

GST collections indicate economic revival, say experts

GST collections indicate economic revival, say experts

Rediff.com1 Mar 2025

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

Rajasthan Police Constable Nabbed in Bribery Case in Udaipur

Rajasthan Police Constable Nabbed in Bribery Case in Udaipur

Rediff.com12 Mar 2026

A police constable in Udaipur, Rajasthan, was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe from a garage owner. Three other police personnel are currently absconding.

'Need GST Council-like bodies to boost infra growth'

'Need GST Council-like bodies to boost infra growth'

Rediff.com22 Aug 2025

India needs Goods and Services Tax (GST) Council-like common platforms between states and the Centre in areas such as land clearances, power, and water to fast-track infrastructure projects to achieve double-digit growth going ahead, said Praveer Sinha, chief executive officer and managing director of The Tata Power Company.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.