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NPCI clarified that GST on UPI Merchant Discount Rate will not burden most small merchants, as transactions up to Rs 2,000 remain MDR-free. It said over 96 per cent of UPI merchant transactions fall below this threshold, while P2P payments remain free
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UPI payments to merchants above Rs 2,000 will attract a 0.4 per cent MDR from October 15, with 18 per cent GST on the fee. Tax experts said eligible GST-registered merchants can claim input tax credit, reducing the overall burden
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Rahul Gandhi visited Raebareli on Tuesday and met traders, lawyers, pharmacists and other local representatives, assuring them their concerns would be prioritised. Traders raised issues including rising precious metal prices and GST. Gandhi will attend a DISHA meeting on Wednesday
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The Kerala GST Department has issued charge memos to three officials over alleged lapses in handling tax evasion linked to the 2025 Reporter Broadcasting Company-Argentina football team deal. Nearly Rs 22 crore in tax was found payable, with recovery proceedings now under scrutiny
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India's private FM radio industry has urged the government to ease regulations, including permitting news broadcasts, reducing GST and unlocking smartphone FM chips, warning that without urgent reforms the sector faces further decline amid growing competition from digital audio platforms
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The Narendra Modi led NDA government completes 12 years in office, showcasing welfare schemes, economic reforms, and global diplomacy gains. The administration highlights initiatives like DBT, GST, and PM Awas Yojana as drivers of inclusive development and growth
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The DGGI has uncovered alleged GST evasion worth Rs 16.96 crore in Karimnagar’s granite industry. Officials arrested a fake agency operator accused of generating bogus invoices and waybills to transport and export granite worth nearly Rs 100 crore without proper tax payments.
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According to the EOW, the accused allegedly ran fake firms to generate bogus GST invoices and claim wrongful Input Tax Credit without actually supplying any goods or services.
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The NPPA has revised ceiling prices for coronary stents to make life-saving devices more affordable. Hospitals must follow strict pricing rules, display rates, and provide itemised bills, while patients can report overcharging through official channels and mobile apps.
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The Telangana Postal Circle has launched a student parcel discount scheme offering a ten percent rebate on speed post and retail parcel bookings. The scheme, effective from January 1, 2026, applies to bona fide students across all post offices in Telangana.
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Finance Minister Nirmala Sitharaman announced the Health and National Security Cess, levied only on demerit goods like pan masala, with revenues shared with states for health schemes. The move complements GST and aims to deter consumption while funding national priorities
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The Department of Consumer Affairs has mandated that all pan masala packs, including small 10-gram units, display the Retail Sale Price (RSP) from February 1, 2026. The move ensures transparent pricing and facilitates GST implementation on all pack sizes
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India’s GST collections rose marginally to Rs 1.70 lakh crore in November, supported by policy reforms and higher import IGST. Net GST revenue grew 1.3per cent, while April–November collections rose 7.3per cent, reflecting steady consumption and economic momentum
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West Bengal CM Mamata Banerjee calls the state’s acceptance of GST a blunder, alleging the Union government diverted funds to BJP-ruled states. She also criticises SIR, illegal infiltration handling, and announces a cricket stadium in Siliguri in Richa Ghosh’s name
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Gross GST collection rose 4.6 per cent year-on-year to Rs 1.96 lakh crore in October, driven by festive season demand despite rate cuts on 375 items. Domestic GST revenue grew 2 per cent, while imports contributed a 13 per cent surge in tax inflow
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UPI transactions rose 25 per cent year-on-year in October to 20.70 billion, with total value reaching Rs 27.28 lakh crore, NPCI data showed. IMPS also saw steady growth, as India’s digital payment ecosystem expanded under ongoing GST 2.0 reforms.
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India’s industrial output grew 4 per cent in September, steady from the previous month, driven by manufacturing growth aided by GST rate rationalisation and festive demand. The manufacturing sector expanded 4.8 per cent while mining contracted and power generation rose 3.1 per cent, NSO data showed
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Telangana’s GST collections dropped by -5 per cent in September, the lowest in India. Economists warn of declining demand, while BRS accuses Congress of mishandling the State’s economy under Revanth Reddy.
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The government is monitoring e-commerce platforms to ensure GST rate cuts on daily essentials are passed to consumers. Authorities are tracking pricing of 54 items, including FMCG products and electronics, amid complaints of inadequate price reductions
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Karnataka State Hotels Association says high GST on LPG cylinders and property rents prevent hoteliers from passing government GST cuts to consumers. The association urges relief on rent and fuel to make food and room tariffs more affordable