Govt Notifies February 1 as End of GST Compensation Cess, New Tobacco Tax Regime Begins India just drew a line in the sand: February 1 is now the official last day for the GST compensation cess. That’s a big deal for how the country handles indirect taxes. Alongside this, the government’s rolling out a new…
RBI MPC Meeting Highlights: Central Bank Cuts Repo Rate to 5.25%, Boosting Optimism Across India’s Key Sectors Big news from the Reserve Bank of India: the Monetary Policy Committee just cut the repo rate to 5.25%. It’s a big move, especially after months of playing it safe. Right away, you could feel a jolt of…
Rupee Falls Below ₹90 per USD for the First Time: What It Means for D-Street Investors The rupee just slipped past ₹90 to the US dollar for the first time ever. That’s not just a headline—it’s got people on Dalal Street and across the markets buzzing, and honestly, a bit worried. This isn’t just some…
New Income Tax Act, 2025: India Prepares for a Simplified and Modern Tax Era Big changes are coming to India’s tax system. The Central Board of Direct Taxes (CBDT) is getting ready to launch the New Income Tax Act, 2025, which kicks in on April 1, 2026. The government wants to make taxes simpler, cut…
6 Weeks into GST 2.0, Consumers Still Await Full Price Relief on Essentials Six weeks in, GST 2.0 is here, and honestly, the big promise was to make India’s tax system easier and fairer. Businesses are already tweaking how they work, but regular people? Most are still waiting to see prices drop on everyday stuff….
GST Revenues Still Trail Pre-GST Levels Despite Structural Reform ndia rolled out the Goods and Services Tax (GST) with big promises—make taxes simpler, get more people to pay up, and bring in more money. But here’s the thing: even after all these years, GST revenue as a share of GDP still hasn’t caught up to…
GST Cuts Passed On, Boosted Consumption, Likely to Reflect in GDP Growth: Government The government says the recent GST rate cuts are already making a difference. People are spending more, and you can see the boost in everything from cars to everyday products. Officials point out that businesses have actually passed these tax cuts on…
State of the Economy and Economic Sentiment | Number Theory India’s economy sits at a pretty interesting spot right now—steady, tough, and, honestly, a bit hopeful. While the world wrestles with inflation, shifting interest rates, and all sorts of geopolitical drama, India just keeps humming along. A lot of that comes down to strong demand…
GST 2.0 & Tax Cuts Set to Pump ₹2.5 Lakh Crore into the Indian Economy Big changes are on the horizon for India’s economy. With GST 2.0 rolling out and some hefty tax cuts in the pipeline, the government’s aiming to inject over ₹2.5 lakh crore into the system. That’s a serious boost—good news for…
PM Modi’s Call to Shopkeepers So, Modi’s basically telling shopkeepers to ditch the imports and push ‘Made in India’ stuff front and center. He wrote this open letter—yeah, an actual letter, not just one of those endless speeches—right as the new GST rates kicked in. And these new rates? They’re supposed to shake things up…