Bharat Express

Goods and Services Tax

The Union Budget for the fiscal year 2025-26 is set to be presented today, with government expected to strike a balance between boosting economic.

The Ministry of Defence has declared 2025 as the “Year of Reforms” for India’s defense sector, marking a significant milestone as the country looks to accelerate its path to self-reliance.

The number of e-way bills generated by businesses for transporting goods within and across states saw a significant increase, growing 17.6% year-on-year to reach 112 million.

Increase in Goods and Services Tax collection has been seen after an impressive growth of 13.4 percent in domestic transactions along with an increase of 8.3 percent in imports.

Online gaming companies have been suing high courts to challenge the revenue authorities' claims against such GST demands.

Notably, GST receipts for July 2023 are 11% more than GST revenues for the same month last year.