04 Apr, 2025
GST Rule Changes from April 1: Track & Trace Mechanism to Combat Evasion As the financial year 2025–26 kicks off, GST rule changes are once again in focus. One of the most anticipated implementations is the track and trace mechanism, first proposed during the Union Budget 2024-25. Though a formal notification is awaited, industry experts […]
Read More02 Apr, 2025
CPSE Dividend for FY25 Hits Record ₹74,017 Cr: Fiscal Boost or One-Off Windfall? India’s CPSE dividend collections surged to an all-time high of ₹74,017 crore in FY25, according to data reported by the Department of Investment and Public Asset Management (DIPAM). This is a whopping 54% jump from the ₹48,000 crore dividend receipts in FY24 […]
Read More02 Apr, 2025
GST Track Mechanism Now Active: Major Compliance Shake-Up Begins FY2025-26 From April 1, 2025, India’s tax system takes a decisive leap forward with the expected rollout of the GST track mechanism—a government initiative aimed at eliminating tax evasion by digitally tracing goods from manufacturer to end-retailer. Announced in the Union Budget 2024, the mechanism aims […]
Read More01 Apr, 2025
GST Collection Growth Surges 9.9% in March 2025: What It Means for India’s Economy India’s GST collection growth in March 2025 has sent a strong signal of fiscal resilience. The gross GST revenue stood at ₹1.96 lakh crore, reflecting a 9.9% year-on-year increase compared to March 2024. This is the second-highest monthly collection since the […]
Read More01 Apr, 2025
Indian Stock Market Slips on FY2025’s First Day: Tariff Tensions Trigger Drop On April 1, 2025, the Indian stock market opened on a bearish note, with the BSE Sensex plunging over 350 points and the Nifty 50 sliding below the 23,400 mark. The slide comes amid growing investor anxiety over reciprocal tariffs set to take […]
Read More01 Apr, 2025
GST on Used Cars: Reforming the Sector or Fueling Financial Strain? The government’s recent move to standardize GST on used cars at 18% has sparked a wave of confusion and debate in the auto resale sector. Contrary to misconceptions, this isn’t a fresh tax hike but a unification of the earlier dual tax slabs—12% for […]
Read More31 Mar, 2025
🚨 GST Rule 142(1A) Under Judicial Scrutiny: Telangana HC’s Intervention Explained In a major development that could impact thousands of GST-registered taxpayers, the Telangana High Court has admitted a writ petition challenging the recent amendment to Rule 142(1A) of the CGST Rules, 2017. The rule pertains to pre-show cause notice (SCN) intimation of tax liabilities, […]
Read More31 Mar, 2025
The Government has introduced last-minute relief measures under the GST Amnesty Scheme just days before the critical March 31, 2025 deadline for payment of outstanding tax dues. Through Notification No. 11/2025–Central Tax, the Ministry of Finance has amended Rule 164 of CGST Rules, aiming to address taxpayers’ practical difficulties in availing the amnesty relief for […]
Read More31 Mar, 2025
📌 Introduction: ED Crackdown in Gurugram Real Estate Scam In a significant development that highlights increasing regulatory action in India’s high-stakes property market, the Enforcement Directorate (ED) has provisionally attached immovable properties worth ₹94.82 crore in Gurugram. The assets belong to Sidharth Chauhan, promoter of Sidhartha Buildhome Pvt. Ltd., his associated entities, and linked individuals. […]
Read More31 Mar, 2025
🏨 CBIC Clarifies GST on Restaurant Services in Premium Hotels The Central Board of Indirect Taxes and Customs (CBIC) has released a detailed clarification confirming that restaurant services provided within high-end hotels—those charging more than ₹7,500 per room per day—will be subject to 18% GST with input tax credit (ITC) from April 1, 2025. This […]
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