The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The initiative aims to simplify the tax system, maximise the use of technology, and promote ease of doing business.
Diversification of revenue streams has emerged as a critical buffer for brokerage firms amid rising regulatory and tax-related headwinds, according to a report by Crisil Ratings.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
Krishnagar Municipality has rolled out a comprehensive public awareness drive combining civic discipline, citizen convenience, and digital accountability, signalling a renewed push towards cleaner streets, timely tax compliance, and streamlined municipal services.
State-owned REC Ltd said on Thursday that it has clocked highest-ever quarterly profit of Rs 4,451 crore of the current financial year.
The Reserve Bank of India’s June 2025 policy surprised markets with its boldness ~ slashing the repo rate by 50 basis points to 5.5 per cent, cutting the Cash Reserve Ratio (CRR) by a substantial 100 basis points, and pivoting its policy stance from accommodative to neutral.
US President Donald Trump has said he was planning to impose a 50 per cent tax on goods made in Brazil, escalating his fight with the South American country.
The record GST collection in April showcases the resilience of the Indian economy and the effectiveness of cooperative federalism, Union Finance Minister Nirmala Sitharaman said on Thursday.
The Federation of Jharkhand Chamber of Commerce and Industries (FJCCI), long considered a key stakeholder in Jharkhand’s economic landscape, is gradually broadening its footprint—from domestic policy advocacy to cross-border economic diplomacy.
