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News18
news18.com > business > tax > indias-gross-gst-collection-jumps-8-7-yoy-to-rs-242702-crore-in-april-2026-10067338.html

India's Gross GST Collection In April 2026 Hits All-Time High Of Rs 2.43 Lakh Crore, Jumps 8.7% YoY

4+ mon, 1+ week ago   (249+ words) GST Collection For April 2026: India’s goods and services tax (GST) collections jumped 8.7 per cent year-on-year to hit an all-time high of Rs 2,42,702 crore in April 2026, according to the latest official data released on Friday, May 1. Net GST revenue for the…...

News18
news18.com > business > tax > ncome-tax-department-detects-rs-408-crore-sales-suppression-in-restaurant-sector-ws-l-9953262.html

Income Tax Department Detects Rs 408 Crore Sales Suppression In Restaurant Sector

6+ mon, 4+ day ago   (398+ words) The Income Tax Department has conducted a nationwide survey across dozens of cities after detecting large-scale underreporting of sales in the food and beverage sector. The Income Tax Department has uncovered significant suppression of sales by restaurants across India following…...

News18
news18.com > business > tax > income-tax-in-focus-ahead-of-budget-2026-old-vs-new-regime-deductions-and-what-taxpayers-should-know-ws-l-9868789.html

Income Tax In Focus Ahead Of Budget 2026: Old Vs New Regime, Deductions And What Taxpayers Should Know

7+ mon, 2+ week ago   (635+ words) Budget 2026: As preparations gather pace for the Union Budget to be presented on February 1, expectations are rising among individual taxpayers over possible tweaks to income tax rules. With the new tax regime continuing as the default framework for FY 2025–26, attention…...

News18
news18.com > business > tax > budget-2026-new-tax-regime-may-get-home-loan-health-insurance-deductions-ws-kl-9847395.html

Budget 2026: New Tax Regime May Get Home Loan, Health Insurance Deductions

7+ mon, 3+ week ago   (417+ words) As the Centre prepares to present the Union Budget in February 2026, expectations are building around possible changes to the personal income tax framework, with policymakers facing mounting pressure to make the new tax regime more attractive for middle-class taxpayers. A…...