Gst

InterGlobe Aviation receives Delhi High Court relief in GST case

Delhi High Court grants interim relief to IndiGo in a Rs 458 crore GST dispute linked to compensation received from an overseas engine manufacturer

Colgate-Palmolive India Q4 profit flat amid GST-related charge impact

Colgate-Palmolive India reports largely flat Q4 net profit due to GST-related charges and restructuring costs, while revenue rises 9.1 per cent year-on-year

Global OEMs, new homegrown player seek 5% GST benefit for REEVs

Global automakers want India to extend concessional EV tax rates to range-extended electric vehicles, arguing the technology can ease range anxiety during the EV transition

GST cut, phased rollout needed for flex-fuel push: Auto industry to govt

Automakers have urged the government to cut GST on flex-fuel vehicles and adopt a phased rollout strategy to boost FFV adoption in India

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

Niva Bupa aims to outperform peers in retail health insurance

Niva Bupa aims to outpace retail health insurance industry growth through technology investments, multi-distribution expansion, and stronger customer adoption

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

NSO resets GSVA base year to 2022-23, seeks all-state and UTs adoption

The revised GSVA framework with 2022-23 as base year aims to improve accuracy, comparability and coverage of state-level economic estimates

GST Rationalisation impact: Share of high-value health policies doubles

Zero GST on retail health insurance boosts affordability, driving a sharp shift toward high-value policies as rising medical costs push demand for larger coverage

Canara HSBC Life Insurance to expand tieups, says MD & CEO Anuj Mathur

Canara HSBC Life Insurance plans to reduce reliance on Canara Bank as it scales alternate distribution channels and sustains growth momentum

Net, gross GST collections touched new highs in April: Govt data

Growth led by import-linked incentives, surge in March-end filings

GST tailwind boosts life insurance premiums, fails to lift policy volumes

Removal of GST on individual policies lifted life insurers' premium growth in FY26, but policy volumes remained subdued, highlighting rising ticket sizes rather than wider customer penetration

Fino Payments Bank Q4 results: Profit decline 70% to Rs 7.1 crore

Fino Payments Bank reported a sharp decline in Q4 FY26 profit and revenue, with other income falling amid operational challenges during the quarter

NSO moots a new Index of Service Production with 2024-25 as base year

NSO proposes GST-based Index of Service Production to track high-frequency trends in services sector, addressing gaps in short-term economic indicators

Lower GST on insecticides can boost access, cut disease risk: EY-HICA

Reducing GST on household insecticides to 5% can improve affordability, widen rural access, and help curb mosquito-borne diseases, says a joint EY India-HICA report

Best of BS Opinion: Leadership change at US Fed will test global markets

From leadership shifts at the US Federal Reserve and Apple to rupee management, GST rate cuts and climate discourse, today's Opinion page captures key economic and policy debates

DGGI nabs mastermind of ₹1,825 crore GST refund fraud at IGI Airport

Chugh, who had been wanted in multiple economic offence cases, was apprehended by officials of the DGGI's Ahmedabad Zonal Unit on April 19

Establish 'GST-like' industrial land council for dispute resolution: CII

Industry lobby CII has proposed the establishment of National Industrial Land Council (NILC), modelled on GST framework, to set national standards, harmonize land-related regulations across states, monitor implementation, and act as a dispute-resolution body. The recommendation is part of a report, "CII Land Mission: Framework to Reform Industrial Land Management in India", led by T V Narendran, Tata Steel Managing Director and Past President, CII. It outlines a roadmap to address structural and procedural bottlenecks in India's industrial land ecosystem. A key recommendation of the report is the creation of a unified, GIS-enabled National Industrial Land Bank, offering real-time information on land availability, zoning status, utilities, environmental constraints, encumbrances, and title clarity. Such a platform would significantly enhance transparency and enable informed, faster investment decisions. The report also draws attention to the wide inter-state variation in stamp duty

Govt panel seeks excise duty removal on CNG, GST inclusion for gas boost

Government panel recommends removing excise duty on CNG and bringing natural gas under GST with full input tax credit to accelerate adoption amid energy supply concerns

Global corporation tax system has become complex, ineffective: Devereux

Economist Michael Devereux calls for moving beyond incremental reforms, arguing current global tax rules are complex, ineffective, and ill-suited to taxing multinationals