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The government on Wednesday operationalised inventory-based e-commerce exclusively for exports, requiring interested firms to conduct business through a registered entity as an exporter-on-record (EOR), which can procure goods domestically only against confirmed overseas orders.
Lok Sabha introduces the Taxation And Other Laws (Amendment) Bill, 2026
The Gujarat High Court has quashed a reassessment notice issued by the Income Tax Department in a long-running capital gains dispute,
Gujarat recorded a robust 26% year-on-year rise in GST collections in July 2026, with revenues reaching Rs. 8,418 crore compared to Rs. 6,678/- crore in the same month last year, according to figures released by the state govt on Saturday.
The State government recorded its highest-ever monthly commercial tax collections in July 2026, with the Commercial Taxes Department mobilising ₹7,865 crore through Goods and Services Tax (GST), Value Added Tax (VAT) and Professional Tax, registering a 19% increase over the ₹6,624 crore collected in the corresponding month last year.
The increase in monetary thresholds for filing tax dispute appeals at ITAT, high courts, and the Supreme Court has led to about ₹16,690 crore reduction in disputed tax demand, Parliament was informed on Monday.
Further rationalisation in goods and services tax (GST) on domestic hotels and restaurants could help fuel tourism growth in India, even as the country’s travel market continues to grow despite global uncertainties, according to SOTC Travel Managing Director and CEO Vishal Suri.
The city police rescued a team of Goods and Services Tax (GST) officials after nearly 300 traders allegedly prevented them from leaving a stainless steel shop during an inspection at Sowcarpet on Thursday evening.
Punjab finance, excise and taxation minister Harpal Singh Cheema announced on Saturday that the state has achieved a robust 20% growth in its gross Goods and Services Tax (GST) revenue during the first four months of the current financial year.
A 56-year-old daily wage worker from Tirupattur district was left shocked after discovering that her bank account had been frozen following a Goods and Services Tax (GST) notice demanding payment of ₹2.79 crore in tax dues.