Tax News Articles
AI-written analysis of the latest GST, Customs, and Income Tax developments in India.
Ride-hailing GST faces scrutiny over SaaS model mismatch flagged by industry.
Ride-hailing companies are under GST scrutiny due to their SaaS model, which may bypass the 5% GST on passenger rides. The industry is seeking clarification...
Bihar: Gold Consignment Worth INR 250 Million Looted; Robbers Impersonated Customs
A gold trader was robbed of INR 250 million in Patna by criminals posing as customs officials after arriving at Danapur station. The incident highlights...
Courier Export Restrictions Lifted by CBIC
CBIC has lifted the ₹10 lakh cap on courier exports from April 1, 2026, to boost e-commerce and reduce logistics issues. This reform benefits MSMEs and...
GST Collections Exceed ₹2 Lakh Crore in March, Up 8.8%
GST collections in March 2026 surpassed ₹2 lakh crore, driven by imports and domestic sales. The import surge highlights global price effects and trade...
Tata Motors Dominates PV Market Recovery After GST Reduction in H2FY26
Tata Motors dominated PV market recovery in H2FY26, with sales increasing by 108.96% after the GST reduction. This surge resulted from reduced prices and...
Car Sales Growth Expected to Slow in FY2027 After GST-Driven Increase
Car sales surged in FY26 due to GST cuts, but growth is expected to slow in FY27 due to geopolitical tensions and a high base. Tax pros should prepare for...
US Tariffs May Disrupt Indian CDMOs Through Innovator Company Pressure
The U.S. tariffs on patented drugs create uncertainty for Indian CDMOs, despite the current exemption for generics. Monitoring the upcoming review of...
Economist Argues Middle East Conflict Makes GST Inclusion of Petrol, Diesel Imperative
The Middle East conflict has amplified the urgency to include petrol and diesel under GST to mitigate rising crude oil prices and inflation. Overcoming...
India Resumes Iranian Oil Imports After 7-Year Hiatus
India has resumed importing Iranian oil in April 2026 after a seven-year hiatus, driven by Middle East supply disruptions and a temporary US sanctions...
Government Works with Banks, Insurers to Ease Trade Finance, War Risk Pressures
The government is partnering with banks and insurers to alleviate trade finance and war risk burdens amid global tensions. This collaboration aims to...
Maharashtra Tops GST Collections with ₹2.51 Lakh Crore in FY2026
Maharashtra's indirect tax collections soared to ₹2,51,256 crore in FY26, driven by a 14.6% surge in GST revenues. This performance underscores the state's...
Customs duty exemption fails to lower raw material prices.
Despite a customs duty exemption on 40 petrochemical products until June 30, 2026, raw material prices remain high due to geopolitical tensions. Tax...
Adani Ports SEZ Aims for 1 Billion Tonnes Cargo Capacity by 2030
Adani Ports is targeting 1 billion tonnes of cargo volume by 2030, after recently passing the 500 million tonnes mark. This expansion aligns with India's...
States' Fiscal Autonomy Concerns Increase as 2026 GST Compensation End Nears
As the GST compensation cess nears its March 2026 end, states are concerned about potential revenue losses and reduced fiscal autonomy. The GST Council may...
Revised ITR Deadlines, Higher STT Part of April 1 Financial Rule Changes
April 1st brought changes including revised ITR deadlines for certain filers and increased STT on futures and options trading. The STT hike aims to curb...
Petrochemical Import Duty Waiver Announced
India has temporarily waived import duties on key petrochemicals to stabilize supply chains amidst global disruptions. This move aims to lower costs for...
Supreme Court: No Writ Remedy if Alternate Option Exists in GST Demand
The Supreme Court held that writ petitions are not maintainable if an alternative remedy exists under GST law, requiring taxpayers to exhaust statutory...
Maharashtra Shop Owner Hit With ₹23 Crore GST Demand After ID Theft
A Maharashtra shop owner faces a ₹23 crore GST demand due to ID theft involving ₹105.80 crore in fraudulent transactions. This incident underscores the...
Customs Duty Exemption on Petrochemicals to Reduce Revenue by ₹1,800 Crore
The government's customs duty exemption on petrochemicals until June 30, 2026, aims to mitigate supply chain disruptions and reduce costs. This measure...
Ludhiana GST Collections Rise 8.5%, Reach ₹9,015 Crore in FY 2025-26
Ludhiana's GST collections increased by 8.5% to ₹9,015 crore in FY 2025-26, signaling economic growth and better compliance. Increased revenue and taxpayer...
Form 121 Replaces Form 15H for TDS Exemption Claims
Form 121 merges Form 15G and 15H, simplifying TDS exemption declarations for individuals and senior citizens whose income is below the taxable limit. This...
GSTN Resolves Issue Affecting Appeals for Certain NIL GST Demand Orders
GSTN resolved an issue preventing taxpayers from appealing orders showing 'NIL' demand on the GST portal. Taxpayers who made voluntary payments can now seek...
Hyderabad Airport: Customs Seize 9.1 kg Marijuana; Bail Granted
The Telangana High Court granted bail to an individual arrested with 9.1 kg of ganja at Hyderabad Airport, as the quantity was intermediate and no prior...
CAG: GST Oversight Weak in J&K, Raising Risk of Revenue Leakage
A recent CAG report revealed weak GST oversight in Jammu and Kashmir, including inadequate scrutiny of returns and monitoring gaps. These shortcomings raise...
Delhi Sets INR 2.5 Crore ITC Threshold for GST Registration Cancellation
Delhi introduced an ITC threshold of INR 2.5 crore for GST registration cancellations, requiring Zonal In-charge approval for high-value cases to enhance...
One-Time Relief Offered to SEZ Units to Spur Domestic Sales
SEZ units can sell domestically at reduced duties for one year, aiding exporters facing global issues. This helps utilize capacity and reduces import reliance.
Chandigarh GST Collections Drop 8% to ₹205 Crore in March
Chandigarh's GST collections decreased by 8% in March, even as national GST numbers showed an increase. This divergence suggests that local economic factors...
Textile Exporters Request Government to Waive Cotton Import Duty
Textile exporters are urging the government to waive the 11% cotton import duty due to surging domestic prices and eroded margins. A duty waiver could...
Economist Urges Review of Capital Gains Tax, STT Amid Market Losses
An economist suggests reviewing capital gains tax and STT amid market losses, potentially impacting investment decisions. Adjustments could stimulate...
Punjab GST Collections Increase by 12.52%, Finance Minister Announces
Punjab witnessed a 12.52% increase in GST collections for FY 2025-26, outperforming the national average, driven by strong enforcement and economic...
About TaxIntelHub News Articles
TaxIntelHub publishes AI-driven tax news articles covering GST updates, customs duty changes, income tax amendments, and regulatory developments in India. Each article is generated with Google Search grounding, fact-checked against official CBIC and government sources, and formatted as breaking news, compliance alerts, explainers, or in-depth case analyses for Indian tax professionals.