Tax News Dec 1: New Tax Regime Proposed for Tobacco and Pan Masala in Winter Session

Tax New Dec. 1

As the Winter Session of Parliament gets underway, the government is preparing to introduce a new tax Regime framework aimed at reshaping the way tobacco and pan masala products are taxed in India. The move comes amid rising concerns over public health, revenue leakages, and the need to bring uniformity and transparency to India’s indirect … Read more

GST Collections and State-wise Revenue Performance: Analyzing the Latest GDP Impact

GST Collections and State-wise Revenue Performance: Analyzing the Latest GDP Impact

India’s Goods and Services Tax (GST) system has now become one of the most significant pillars of the country’s fiscal framework, contributing massively to the national revenue and economic growth. The steady rise in GST collections over recent months highlights India’s strong consumption trends, robust compliance, and better tax administration. Moreover, these trends also serve … Read more

GST Overhaul from Nov 2025: Key Compliance Changes Every MSME Should Know

Learn how the GST overhaul from Nov 2025 The Goods and Services Tax (GST) system in India is set for one of its most significant updates since its launch in 2017. Starting November 2025, the government is introducing a series of GST compliance changes aimed at simplifying processes for Micro, Small, and Medium Enterprises (MSMEs). … Read more

How GST Reforms and Tax Cuts Drove Shoppers to Splurge on Items from Cars to Kitchenware

How GST Reforms and Tax Cuts Drove Shoppers to Splurge on Items from Cars to Kitchenware

How GST Reforms and Tax Cuts Drove Shoppers The Indian economy is witnessing a strong consumer revival, and the credit goes largely to GST reforms and recent tax cuts that have put more money in people’s hands. From high-end cars to daily kitchen essentials, shoppers are opening their wallets wider than ever before. The festive … Read more

GST Reset Likely to Boost Demand Outlook: Finance Ministry Reported

GST Reset Likely to Boost Demand Outlook: Finance Ministry Reported

GST Reset Likely to Boost Demand Outlook India’s economic landscape is witnessing a positive shift as the Finance Ministry reports that the recent GST reset is likely to boost the demand outlook across multiple sectors. With key reforms introduced to simplify tax compliance and rationalize rates, this move is set to enhance consumer spending and … Read more

GST Reforms May Trigger Surge in Paper Imports, Warns Industry Body

GST Reforms May Trigger Surge in Paper Imports, Warns Industry Body

Introduction GST Reforms May Trigger Surge in Paper Imports, Recent GST reforms in India have brought a wave of discussions across various sectors. While the government aims to simplify tax compliance and promote domestic manufacturing, the paper industry has expressed serious concerns. According to leading industry bodies, these reforms might unintentionally lead to a surge … Read more