Lower GST rates and tax reforms boosted consumption and manufacturing, driving India’s GDP growth to 8.2% despite global economic pressures.
Explains the rationale behind consolidating decades-old labour laws into four modern codes and highlights how simplification aims to improve compliance and worker protection.
India implements four new Labour Codes consolidating 29 old laws, modernizing wage, safety, and social security regulations, while easing compliance for businesses.
GSTN has released updates on return filing deadlines, import details in IMS, simplified registration, and mandatory bank account furnishing. Businesses must act promptly to avoid filing restrictions and registration suspension.
Tribunal introduced a phased filing schedule to prevent system congestion on new electronic platform. The directive ensures orderly submission of pending appeals with a final deadline of 30 June 2026.
Essential steps for filing GST appeals before the Appellate Tribunal, covering order review, appeal drafting, documentation, and authorized representative requirements for compliance.
GST 2.0 is a landmark reform aimed at boosting consumption and economic growth by rationalizing tax rates, making essentials cheaper and luxuries costlier. The reform is expected to have a multiplier effect on manufacturing, services, and employment, establishing a foundation for future tax structure stability
GSTN issued advisories in October 2025 on IMS, annual returns, importer registration, and ITC changes, clarifying return filing, credit notes, and warehouse registration requirements.
The GSTAT is the new single forum for central and state GST appeals. Learn about its function, staggered filing deadlines for backlog appeals, and role in advance rulings.
CBIC implements 56th GST Council decisions with new notifications, including changes to GST rules, rates for goods and services, and exemptions for small businesses.