India is witnessing one of its biggest spending waves in years, with festive and wedding season sales projected to surpass ₹7 trillion in 2025, buoyed by recent Goods and Services Tax (GST) reductions, according to government data. Officials said the timing of the GST cuts — just ahead of the festive and wedding season — […]
GST Cuts Spark ₹7 Trillion Festive and Wedding Season Boom Read More »
India’s net direct tax collections for FY 2025-26 rose 6.33 per cent year-on-year to ₹11.89 trillion as of October 12, driven largely by higher contributions from non-corporate taxpayers, according to data released by the Central Board of Direct Taxes (CBDT). Net corporate tax collections grew 2.06 per cent to ₹5.02 trillion, while non-corporate tax collections
India’s Net Direct Tax Collections Rise 6.33 Percent to Rs 11.89 Trillion by October 12 Read More »
The GST portal has been updated to enable online filing of the annual Goods and Services Tax (GST) return using Form GSTR-9 for the financial year 2024–25. Filing for the reconciliation statement (Form GSTR-9C) has also been activated. The deadline for filing both GSTR-9 and GSTR-9C is December 31, 2025, giving taxpayers a shorter window
GST Annual Return Filing Enabled for FY 2024–25 on GST Portal Read More »
Fintech giant PhonePe has received the final approval from the Reserve Bank of India (RBI) to operate as a payment aggregator, more than two years after securing in-principle clearance from the central bank. The Bengaluru-based company now joins over 50 firms that have obtained a full licence, alongside players such as Pine Labs Online, Easebuzz,
RBI Grants PhonePe Final Licence to Operate as Payment Aggregator Read More »
Kolkata: The Centre has announced sweeping changes to the Goods and Services Tax (GST) structure, a move that will benefit every citizen of the country, Union Finance Minister Nirmala Sitharaman said on Thursday. Speaking at a talk show held at the National Library, the Finance Minister said, “From the moment people wake up in the
Burnpur, West Bengal: Every year, September 15 is observed as Engineers’ Day in India to commemorate the birth anniversary of Bharat Ratna Sir Mokshagundam Visvesvaraya, one of the country’s greatest engineers. Visvesvaraya made remarkable contributions to the making of modern India and gave the nation a new vision through his dedication and innovative ideas in
Engineers’ Day: Blood Donation Camp Organized in Burnpur Read More »
New Delhi: The Centre has directed companies to publish revised price lists of consumer goods, including automobiles and durables, reflecting the recent Goods and Services Tax (GST) reductions, The Economic Times reported. The revised lists, showing both pre- and post-GST rates, will be displayed on the official GST portal to ensure transparency and help consumers
Govt Directs Firms to Share Revised Prices After GST Rate Cuts Read More »
India’s age-old tradition of pilgrimage is witnessing strong growth in the modern travel era. According to MakeMyTrip’s Pilgrimage Travel Trends 2024–25, pilgrimage tourism has become one of the fastest-growing segments of the country’s travel industry. Accommodation bookings across 56 pilgrimage destinations rose by 19% in FY24–25, with 34 locations showing double-digit growth and 15 destinations
Temple Tourism Sees Rapid Growth Across India, Says MakeMyTrip Report Read More »
New Delhi: India’s largest airline, IndiGo, announced the suspension of all flights to and from Kathmandu’s Tribhuvan International Airport on Tuesday following escalating violence in Nepal. “In view of the prevailing situation in Kathmandu, the airport has been closed for operations. Consequently, all flights to and from Kathmandu stand suspended until further notice,” IndiGo said
IndiGo, Air India and SpiceJet Suspend Kathmandu Flights Amid Violence in Nepal Read More »
Edtech unicorn PhysicsWallah has submitted updated draft documents to market regulator SEBI to raise ₹3,820 crore through an initial public offering (IPO) aimed at expansion and growth. The IPO will consist of a fresh equity issue of ₹3,100 crore and an offer for sale (OFS) of ₹720 crore by the promoters, according to the updated
PhysicsWallah Files Updated IPO Papers to Raise ₹3,820 Crore for Expansion and Growth Read More »
