Income-tax filers rise to 8.67 crore as compliance checks expand
The number of income-tax return filers rose from 6.96 crore in 2021-22 to 8.67 crore in 2025-26, according to data cited by Minister of State for Finance Pankaj Chaudhary in the Lok…
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Chit firm penalised for collecting GST without mentioning GSTIN
The Thrissur Consumer Disputes Redressal Commission has held Bhagyaratna Kuries (India) Pvt Ltd liable for deficiency in service and unfair trade practice for collecting Rs 7,800 as GST from a subscriber without…
Telangana to use AI to boost GST revenue, curb leaks
Telangana Chief Minister A. Revanth Reddy on Friday discussed using Artificial Intelligence to plug GST leakages and boost state revenue. He met economist Arvind Subramanian, who suggested coordinating departments such as Municipal…
India Autism Centre seeks GST exemption on disability services
The India Autism Centre (IAC) released a white paper in Kolkata recommending a 0% GST on all disability support services, arguing that the current tax framework creates a structural barrier to care.…
Campco seeks one nation one tax for cooperatives, Shah assures action
A delegation from the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) met Union ministers Amit Shah and Nirmala Sitharaman on Friday, seeking uniform taxation to protect cooperatives from local levies…
Parliamentary panel tells IRDAI to fast-track risk-based capital
A parliamentary committee has recommended that IRDAI fast-track the risk-based capital framework, according to The Hindu Business Line. The Committee on Public Undertakings, in a report tabled on August 6, also urged…
Maruti seeks amnesty for legacy indirect tax disputes
Maruti Suzuki India has urged the central government to offer an amnesty scheme or an “as-is” settlement for old indirect tax disputes in the automotive industry. CFO Arnab Roy said clearing historical…
BMW India CFO seeks faster resolution of tax disputes
BMW India Chief Financial Officer Carsten Lammers has called for faster resolution of tax and Customs disputes, saying prolonged litigation creates uncertainty for businesses. Speaking at the 3rd SIAM Automotive Taxation Conference,…
Delhi High Court Rejects Retrospective 10% GST Appeal Deposit
The Delhi High Court has ruled that a 10% pre-deposit requirement for appeals against penalty-only GST orders cannot apply to proceedings that began before October 1, 2025. The requirement was introduced through…
Industrial output rises 7.3% as services growth eases in May
India’s industrial output grew 7.3% year-on-year in June, its highest rate in six months, led by manufacturing and electricity, provisional data from the Ministry of Statistics and Programme Implementation showed. Manufacturing expanded…
