News for 'MODVAT'

6 Facts About The Budget You Didn't Know

With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.

RIL plant under lens for alleged excise duty evasion

The case relates to alleged wrong classification of mixed xylene

Budget tips to simplify Cenvat

Tracing GST's evolution as an idea

Reform ideas do not occur overnight and evolve over the years.

How the 'mother of all tax reforms' actually evolved

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

GST: Celebrations, but fingers crossed!

'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.

Passing GST Bill in its present form makes no sense: Moily

The Bill has already been passed by the Lok Sabha.

GST bills in RS; Opposition questions how the tax regime is 'ideal'

The Rajya Sabha on Wednesday took up the four bills related to the GST, with the Opposition urging the government to insulate taxpayers from harassment and questioning how the new regime was "ideal" when 40 per cent of the revenue base of the GDP was kept out of its purview.

Why 70% of commodities will be cheaper under GST

'GST is imperative for India's success.' 'Without GST India will be a less competitive country.'