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Bernstein predicts India’s consumption will get a boost from the government’s GST rate cuts. Personal care, home care, FMCG, grocery retail, footwear, apparel, and quick-service restaurants are expected to gain from the revised tax structure, which lowers GST on key items.

Small car prices are set to drop by up to Rs 1 lakh following the GST rate cut, offering relief to middle-class buyers and reviving demand in smaller cities. The move, welcomed by automakers, is expected to boost festive season sales

Kerala Finance Minister K N Balagopal warned that the state could lose Rs 8,000–10,000 crore annually due to GST rate rationalisation. He urged the Centre to ensure benefits reach consumers and pressed for compensation to states facing major revenue losses

The GST Council will review proposals to cut rates on over 150 products, including food, snacks, vehicles, and education supplies. The move aims to ease household spending, expand the zero-GST list, and simplify the current four-rate structure

Prime Minister Narendra Modi, in his 12th Independence Day address, urged self-reliance across sectors, announced GST rate cuts by Diwali, unveiled a “Sudarshan Chakra” defence shield, warned against infiltration, and called for a united push towards a prosperous ‘Samriddh Bharat’ by 2047

Telangana has recorded a fiscal deficit of Rs 9,389 crore and revenue deficit of Rs 5,037 crore in just two months of FY 2025–26. Rising subsidies and low capital spending are intensifying pressure on the State’s finances

Chief Minister Chandrababu Naidu urged the Centre to support Andhra farmers by funding tobacco procurement, revising palm oil import duties, addressing US tariffs on aqua exports, and reducing GST on mango pulp to benefit local industries

Six-time Grand Slam winner Sania Mirza is among the many celebrities who have endorsed 'Sundays On Cycle', on May 18, commemorating eight years of GST and promoting a healthier, fitter India

The winning bidders will need to remove the scrap from the jail within two days after paying the full bid amount, along with an additional 18 percent GST.

The Directorate General of Goods and Services Tax Intelligence (DGGI) has stepped up its enforcement efforts targeting offshore online gaming companies. The online money gaming sector includes both domestic and international operators.

FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, has now come down to 11.4 per cent in 2023 and will decrease further

Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth

Over the years, the basic Customs Duty has been re-imposed to the extent of 7.5 percent to 10 percent, plus IGST of 12 percent plus Cess, thus immensely impacting capital expenditure and operational costs for eye hospitals and consequently the cost of care

The GST notice highlights a growing concern about the expanding informal economy, where digital payments are increasingly bringing small businesses into the scope of taxation. Many supporters of these small vendors argue that such businesses operate on slim profit margins, making them vulnerable to the financial burden of tax compliance.

Central GST collection stands at Rs 32,836 crore, State GST at Rs 40,499 crore, IGST at Rs 47,783 crore and Cess at Rs 11,471 crore

Responding to a query from BRS member K Kavitha during the Question Hour in the Legislative Council on Wednesday, Bhatti stated that the union government had released Rs. 28,171 crore under tax devolution, Rs. 2,819 crore through Finance Commission grants, Rs. 6,442 crore under centrally sponsored schemes, Rs. 518 crore as GST compensation, and Rs. 450 crore under special assistance for backward districts to the State.

Telangana is facing a significant dip in revenue collections, with receipts for the current fiscal year lagging behind last year's collections.

Supreme Court verdict upholding States’ right to regulate taxes on industrial alcohol is a welcome step

State government's revenue receipts continue to fall short of its ambitious targets, raising concerns about its ability to manage mounting debts.

A hefty 18% GST on health insurance premiums is stifling, particularly when its life cover penetration is abysmally low