Aligning GST payments with actual cash inflows could unlock liquidity trapped in India’s long receivable cycles. By easing the monthly tax burden on unrealized income, a shift to quarterly payments ...

FM Nirmala Sitharaman has made a clear shift in India’s tax philosophy, from fear-driven enforcement to trust-based, corrective compliance. The proposals narrow criminal liability, encourage voluntary ...

The Goods and Services Tax was introduced with the promise of simplification, uniformity, and certainty. However, for several years after its implementation, GST functioned with a deficiency—the ...

PwC’s recommendations ahead of Budget 2026 focus on four major areas: clearing disputes, simplifying duties, speeding up ...

Done right, amnesty would signal a shift from dispute management to dispute prevention, strengthening trust, certainty and ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

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India's GST collections surged to Rs 1.93 lakh crore in January 2026, a 6.2% year-on-year increase. This growth, driven by ...

GST Collections Reach New Heights New Delhi, Feb 1: In January, gross Goods and Services Tax (GST) collections experienced a ...

This roundup captures key tax, GST, customs, and financial sector updates released during the week. The key takeaway is improved clarity on exemptions, compliance, and regulatory ...

Faster resolution of Customs disputes. Lower legal fees and travel costs for parties. Greater transparency in adjudication ...

The Ministry of Statistics and Programme Implementation (MoSPI) has placed in the public domain the recommendations of an expert group on revising India''s Consumer Price Index (CPI), proposing a new ...