News for 'Goods and Services'

Senior GST Officer Arrested After Colleague's Suicide

Senior GST Officer Arrested After Colleague's Suicide

Rediff.com4 Mar 2026

A senior Goods and Services Tax (GST) officer has been arrested in connection with the alleged suicide of a junior colleague, who was reportedly facing harassment and pressure to engage in unethical practices.

Mithali Raj, Rahul Dravid, Roger Binny, Honoured With BCCI Lifetime Achievement Awards

Mithali Raj, Rahul Dravid, Roger Binny, Honoured With BCCI Lifetime Achievement Awards

Rediff.com16 Mar 2026

India's cricketing greats Rahul Dravid, Roger Binny and Mithali Raj were honoured with BCCI's Lifetime Achievement Award, in New Delhi, on Sunday.

'What kind of...': UP CM likens Delhi AQI to 'gas chamber'

'What kind of...': UP CM likens Delhi AQI to 'gas chamber'

Rediff.com14 Feb 2026

Uttar Pradesh Chief Minister Yogi Adityanath asserted that Uttar Pradesh enjoys a clean environment, unlike Delhi, which he likened to a 'gas chamber' due to its pollution levels.

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

Rediff.com19 Mar 2026

India addresses the escalating conflict in West Asia, outlining its diplomatic efforts to ensure energy security, the safety of its citizens, and advocating for a peaceful resolution through dialogue.

Nobody will hire women: SC rejects plea for menstrual leave

Nobody will hire women: SC rejects plea for menstrual leave

Rediff.com13 Mar 2026

The Supreme Court of India has dismissed a Public Interest Litigation (PIL) seeking a nationwide policy for menstrual leave for women students and workers, citing concerns about potential negative impacts on female employment and the reinforcement of gender stereotypes.

No full stop in politics, says Modi as 59 Rajya Sabha MPs retire

No full stop in politics, says Modi as 59 Rajya Sabha MPs retire

Rediff.com19 Mar 2026

Prime Minister Narendra Modi addressed the Rajya Sabha to honour 59 retiring members, emphasising their contributions to national life and urging them to continue their service.

How Sleep, Screen Time Affect Your Sex Life

How Sleep, Screen Time Affect Your Sex Life

Rediff.com11 Mar 2026

Burnout reduces pleasure, curiosity, and the ability to feel desire, even in healthy relationships.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com2 Mar 2026

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Karnataka bans social media for children under 16

Karnataka bans social media for children under 16

Rediff.com6 Mar 2026

Karnataka Chief Minister announces a ban on social media for children under 16 and increased measures to prevent drug abuse in schools, colleges, and universities, alongside investments in education infrastructure and mental health support.

India's EV Transition On Right Track, But Miles To Go

India's EV Transition On Right Track, But Miles To Go

Rediff.com27 Feb 2026

Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout

'Viksit Bharat cannot truly become a reality unless...'

'Viksit Bharat cannot truly become a reality unless...'

Rediff.com12 Feb 2026

'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'

T20 World Cup: Injury scare in nets: Kishan limps off after Bumrah yorker

T20 World Cup: Injury scare in nets: Kishan limps off after Bumrah yorker

Rediff.com11 Feb 2026

Ishan Kishan displayed the menacing form he has shown of late in the India nets on Wednesday until being hit by a sharp Jasprit Bumrah yorker.

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rediff.com11 May 2022

A majority of the Indian consumers are bullish about their financial situation in the next one year, but have raised concerns over rising cost of goods and services, which is affecting their purchasing decisions, according to an EY report. Moreover, uncertainty around managing rising living costs is driving over 80 per cent in India to save more money, said the findings of the ninth edition of the EY Future Consumer Index for India. The Index for India reaffirms the "positive outlook" of the Indian consumers as 77 per cent expect positive changes in the financial situation, in the next one year.

India clarifies stance on proposed interim trade pact with US

India clarifies stance on proposed interim trade pact with US

Rediff.com13 Feb 2026

India has clarified its position on the proposed interim trade agreement with the US, stating that the joint statement remains the basis for mutual understanding. Amendments to a White House fact sheet reflect shared understandings, with both sides working towards finalizing the agreement.

Man Held in Massive GST Fraud Case

Man Held in Massive GST Fraud Case

Rediff.com28 Feb 2026

The Uttar Pradesh STF has arrested a man in connection with a Goods and Services Tax (GST) fraud estimated at Rs 15,000 crore. The accused allegedly used fraudulently obtained GST registrations to create fake firms and generate bogus invoices.

Which Sectors Bore FPI Brunt In 2025?

Which Sectors Bore FPI Brunt In 2025?

Rediff.com23 Jan 2026

FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

Karnataka, Andhra Pradesh ban social media for kids

Karnataka, Andhra Pradesh ban social media for kids

Rediff.com6 Mar 2026

Karnataka and Andhra Pradesh announce ban social media for teens, sparking debate about its effectiveness, impact on education, and implications for advertisers targeting young audiences.

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

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.

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

GST collections rise 6.2% to 3-month high of Rs 1.93 lakh cr in Jan

Rediff.com2 Feb 2026

Gross GST collections rose 6.2 per cent to a three-month high of over Rs 1.93 lakh crore in January, indicating increased consumption is making up for rate cuts late last year, sources said on Sunday.

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Rediff.com23 Feb 2026

Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.

'Movies Have To Be Good To Bring People To Cinemas'

'Movies Have To Be Good To Bring People To Cinemas'

Rediff.com18 Oct 2025

'Last year, we had about 10 to 12 per cent of Hollywood films as a box-office contribution. This year already, it has jumped up to 24 per cent because the lineup is very strong.'

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Investors' wealth eroded nearly Rs 7 lakh cr as markets slumped

Investors' wealth eroded nearly Rs 7 lakh cr as markets slumped

Rediff.com19 Feb 2026

The BSE Sensex plummeted 1,236 points, wiping out nearly Rs 7 lakh crore in investor wealth, driven by escalating tensions between the US and Iran and subsequent market selloff.

Kanpur Police Unearth Rs 250 Crore GST Fraud

Kanpur Police Unearth Rs 250 Crore GST Fraud

Rediff.com3 Mar 2026

Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.

Hyderabad claims its place as global MNC destination

Hyderabad claims its place as global MNC destination

Rediff.com18 Feb 2026

Hyderabad is rapidly emerging as a strategic hub for multinational companies (MNCs) deepening their focus on artificial intelligence (AI), life sciences, and global capability centres (GCCs), supported by the city's strong pharmaceutical (pharma) base, deeptech talent pool, and a policy environment that encourages high-value investment.

These Cyber Scams Are Happening Around You

These Cyber Scams Are Happening Around You

Rediff.com5 Mar 2026

Cyber threats aren't always invisible -- sometimes they're right beside you.

'Who will work then?': SC slams freebies culture

'Who will work then?': SC slams freebies culture

Rediff.com19 Feb 2026

The court made the remarks while reviewing a petition from Tamil Nadu Power Distribution Corporation Ltd. regarding free electricity distribution policies.

Tri-service chiefs agree to disagree on integrated commands

Tri-service chiefs agree to disagree on integrated commands

Rediff.com28 Aug 2025

The divergent views on the proposed theater commands was visible at a two-day military conclave at the Army War College, Mhow, with Air Chief Marshal AP Singh cautioning against implementing the plan in a hurry while Navy Chief Admiral Dinesh Tripathi asserted that his force is committed to it.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

Is US-Israel-Iran War Entering Endgame?

Is US-Israel-Iran War Entering Endgame?

Rediff.com18 Mar 2026

To be sure, Trump is furious, as the trajectory of the war is in a state of Zugzwang, as chess players call it. Trump and Netanyahu stare at two choices -- retreat in humiliation and concede Tehran's demands -- recognition of its rights, reparations, and binding security guarantees -- or perish in a quagmire, points out Ambassador M K Bhadrakumar.

HC says no to drivers' plea for namaaz near Mumbai airport

HC says no to drivers' plea for namaaz near Mumbai airport

Rediff.com5 Mar 2026

The Bombay high court has refused to grant relief to taxi and auto-rickshaw drivers seeking to offer namaaz near the Mumbai airport, citing security concerns.

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

The Gulf Dream That Led To A Palace

The Gulf Dream That Led To A Palace

Rediff.com20 Feb 2026

After spending 43 years working inside Dubai's royal palace, a man from Kottakkal returned home with nothing but gratitude for the life he lived in extraordinary circumstances.

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com10 Mar 2026

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

India winds down Russian oil buys, ramps up US imports: USTR

India winds down Russian oil buys, ramps up US imports: USTR

Rediff.com11 Feb 2026

Greer said that India has taken down some digital services taxes and is moving tariffs down.

India's free trade agreements decoded

India's free trade agreements decoded

Rediff.com22 Dec 2025

India on Monday announced closure of negotiations for a free trade agreement signed with New Zealand, its 18th deal so far as the country aims to boost bilateral trade and investments. The India-New Zealand FTA is expected to be signed in the next three months and it is likely to come into force next year.