Monika Yadav

Fisme flags impact on MSMEs from retail diesel curbs; to approach govt

Fisme plans to seek relief for micro and small enterprises, saying new restrictions on diesel purchases from retail outlets could disrupt operations of DG sets

Centre exempts higher ethanol petrol from excise, rollout subject to tests

The government has extended excise-duty exemption to petrol blended with 22-30 per cent ethanol but said adoption of higher blends will follow extensive testing and stakeholder consultations

Government exempts higher ethanol-blended petrol from excise duty

The government has granted excise duty exemption on petrol containing 22-30 per cent ethanol, supporting cleaner fuel adoption and the next phase of India's ethanol blending programme

E-way bill generation post GST rollout fouth-highest in May 2026

The rise in e-way bill generation points to sustained domestic trade activity, stronger supply-chain movement and continued compliance under the GST regime

India's boardrooms in regulators' crosshairs as personal liability rises

From GST and FEMA to insolvency and money-laundering cases, regulators are increasingly targeting executives and directors personally, even as courts insist liability cannot rest on designation alone

RBI, govt charm offensive may draw up to $50 billion global flows

Bond tax exemption, easier access for foreign funds may help cover FY27 BoP gap

Govt exempts FPIs from tax on G-Sec gains to attract capital inflows

The government has removed tax on interest income and capital gains from government securities for FPIs while easing investment norms to deepen debt markets and attract long-term foreign funds

Industry seeks faster disposal of high-value GST disputes, appeal relief

With GSTAT benches becoming operational, industry bodies have urged the government to fast-track large disputes and extend the June 30 deadline for filing appeals

Net GST revenue rises 3.3% in May as import-linked collections stay strong

Net GST revenue rose 3.3 per cent year-on-year in May, supported by strong import-linked collections, while adjusted gross revenue growth stood at 9 per cent

Govt exempts import duty on cotton for five months till October 30

The Centre has exempted cotton imports from customs duty and AIDC till October 31, aiming to improve domestic availability and lower raw material costs for textile manufacturers

GST 2.0 guidelines fail to resolve refund delays, say experts

Businesses continue to struggle with delayed inverted duty refunds, despite means for quicker provisional payouts

Experts seek import discipline, trade reforms amid West Asia tensions

Experts at a Think Change Forum roundtable called for tighter import controls, tax stability and faster trade remedies to protect India's economy from global disruptions

CBDT pushes banks, MFs to file error-free transactions by May 31

CBDT has asked banks, mutual funds and other reporting entities to ensure timely and error-free filing of Statements of Financial Transactions

FinMin, states in talks for simpler GST norms for qcom dark stores

The Finance Ministry is discussing with states possible simplification of GST registration norms for dark stores and warehouses amid rapid quick commerce expansion

Fisme to Siam: Share rising input cost burden with MSME vendors

FISME has asked SIAM and automobile OEMs to help MSME auto component suppliers absorb rising wage, energy and raw material costs linked to the West Asia crisis

Govt likely to restrict manual edits in GSTR-3B returns under GST push

The proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are auto-populated

Govt hikes tariff on precious metals to shield foreign exchange reserves

Gold, silver duties more than double to 15%, & 15.4% for platinum

E-way bill generation rises 12% in April to fourth-highest level

E-way bill generation under the GST regime rose 12 per cent year-on-year in April, signalling sustained momentum in goods movement and economic activity

GSTAT braces for rush in appeals ahead of June 30 filing deadline

Finance Ministry officials expect a surge in GSTAT appeal filings before the June 30 deadline as taxpayers defer cases over pre-deposit concerns

Gujarat HC ruling on ITC denial raises compliance burden for businesses

Gujarat High Court upholds ITC denial for supplier defaults, increasing compliance costs and working capital pressure for businesses across multi-layered supply chains