Final Warning For Taxpayers: Only Days Left! December 31 Deadline For ITR, PAN-Aadhaar, GST– Check Full List
December 31 is a crucial deadline for taxpayers, covering belated Income Tax Return filing, GST annual returns, and PAN–Aadhaar linking. Missing this date can lead to late fees, higher tax liability, loss of benefits, or even an inoperative PAN that may disrupt financial transactions.
Dec 28, 2025, 13:35 PM IST
GST Exemption Boosts Health Insurance Coverage, Average Sum Insured Jumps 31%: Report
The report said that after the removal of GST, the average health insurance cover increased from Rs 14.5 lakh in the pre-GST period to Rs 19 lakh in the post-GST period. This indicates that people are now choosing higher levels of health coverage, as insurance has become more affordable.
Dec 26, 2025, 16:37 PM IST
GST Reforms Prove Tax Moderation Can Boost Revenues: Report
The Budget should outline a phased roadmap to bring petroleum, electricity and other excluded inputs under GST to restore tax neutrality and reduce cascading costs for industry, it added. It also listed other priorities including incentivising productive reinvestment and aggressively curtailing the parallel economy.
Dec 24, 2025, 16:11 PM IST
GST Rate Revision Has Resulted In 5% Rise In Revenue For States: Minister
In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that the GST collections during September to November of the current financial year (2025-26) have risen to Rs 2,59,202 crore from Rs 2,46,197 crore in the same period of 2024-25.
Dec 16, 2025, 17:17 PM IST
Taxable Value Of Goods Surges 15% In Sep-Oct As GST Cuts Boost Consumption
The taxable value of all supplies under GST surged by a robust 15 per cent during September-October this year, compared to the same period in 2024 due to sharp increase in consumption triggered by the tax rate cuts on goods across sectors that kicked in from September 22, according to official sources.
Dec 01, 2025, 19:33 PM IST
GST Collections Again Up In November At Rs 1.70 Lakh Crore Despite Rate Rationalisation
Total net GST revenue was up 1.3 per cent at Rs 1.52 lakh crore last month.
Dec 01, 2025, 16:05 PM IST
GST Reforms Fuel AC Sales Spike During Festive Season: Report
In air coolers, inventory levels remain elevated 30-35 per cent above normal, prompting 2-3 per cent price cuts post summer. Lighting-product prices have stabilised since the last 2 months, though dealers remain a bit hesitant to stock up.
Nov 28, 2025, 15:08 PM IST
1 More Repo Rate Cut By RBI Likely In MPC Review In December: Economists
Several major GST-affected categories did not show full transmission in October which implies further spillover into November.
Nov 13, 2025, 13:29 PM IST
October CPI Inflation Bears Testimony To GST Rate Cut Benefits; Will It Give RBI More Headroom To Continue With A Soft Monetary Policy?
The declining trend in food prices continued in October as food inflation fell deeper in the negative zone at (-) 5.02 per cent from (-) 2.28 per cent in September. Food inflation has now continued to stay negative for the fifth consecutive month, bringing welcome relief to household budgets.
Nov 13, 2025, 09:55 AM IST
LIC Has Passed Full Benefit Of Gst Rate Cut To Customers: CEO Doraiswamy
The government has, as part of GST 2.0, exempted all individual life and health insurance premiums from GST, effective September 22, 2025. Previously, life insurance premiums were subject to GST rates of up to 18 per cent.
Nov 07, 2025, 07:55 AM IST
GST Collections Rise 4.6% At Rs 1.96 Lakh Crore In October Despite Rate Cuts
According to the government data, the GST collections went up 9 per cent to about Rs 13.89 lakh crore in the April-October period of FY26 -- against Rs 12.74 lakh crore in the same period last fiscal (FY25).
Nov 01, 2025, 19:47 PM IST
Chhath Puja Festival Witnesses Trade Worth Over Rs 50,000 Crore: CAIT
CAIT’s assessment, conducted after the festival, revealed that over 10 crore people across India participated in Chhath celebrations.
Oct 28, 2025, 10:48 AM IST
Supportive Policies, GST Rate Cuts To Improve MSME Sector's Market Condition
MSME credit availability shows mixed results. In manufacturing, more firms (92 per cent, up from 88 per cent) say credit is available, but many find it inadequate. In services, more MSMEs (19 per cent, up from 13 per cent) report difficulty in getting finance.
Oct 27, 2025, 15:56 PM IST
GST Reforms Boost India’s Consumption And Demand; Growth Outlook Revised Upward
The IMF now expects the economy to grow at 6.6 per cent, while the RBI projects a slightly higher 6.8 per cent.
Oct 27, 2025, 15:37 PM IST
Domestic Consumption Expected To Cushion India's Growth Slowdown In H2: SBICAPS
The report highlighted that with India facing steep 50 per cent tariffs from the United States, policymakers are pushed to rely more on domestic growth levers.
Oct 26, 2025, 12:32 PM IST
FM Sitharaman Highlights Surge In Diwali Sales To All-time High Of Rs 6.05 Lakh Crore
The Finance Minister cited the statement of the Confederation of All India Traders (CAIT) which estimated this year’s Diwali sales comprising Rs 5.4 lakh crore in goods and Rs 65,000 crore in services.
Oct 22, 2025, 16:30 PM IST
RBI Likely To Go In For Another Policy Rate Cut By Year-End: Report
India’s inflation rate based on the Consumer Price Index (CPI) declined to an over 8-year low of 1.54 per cent in September this year.
Oct 19, 2025, 23:32 PM IST
Reformed GST Slabs Trigger Surge In Market And Consumer Confidence
Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax levied on the supply of goods and services. It was introduced in India to simplify the tax structure by replacing multiple indirect taxes with a single, unified tax.
Oct 19, 2025, 09:09 AM IST
GST 2.0 Reforms Set To Create New Diwali Shopping Records: Economists
The reduction in GST has put more money in people’s hands and when purchasing power increases, inflation automatically decreases.
Oct 15, 2025, 07:36 AM IST
BIG GST Update: GST Portal For Filing Annual Returns GSTR-9, GSTR-9C FY24-25 Now Open
Taxpayers can now also file the reconciliation statement using Form GSTR-9C. The deadline for filing the GSTR-9 annual return is December 31, 2025.
Oct 13, 2025, 11:39 AM IST