The finance ministry report said the external environment remains characterised by elevated trade policy uncertainty, though global pressures have moderated relative to earlier peaks.

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

November GST collections saw modest growth after a significant rate overhaul, with the government highlighting increased consumption as a positive sign. While domestic revenue dipped slightly, import ...

Starting September 22, 2025, the new goods and services tax (GST) rates have taken effect, which means GST-registered taxpayers must update their software and systems to accommodate the new rates.