New Delhi, Jan 1 (IANS) India’s GST (goods and services tax) collection recorded a 6.1 per cent increase to Rs 1,74,550 crore in December 2025 compared to Rs 1,64,556 crore the same month of the previous year, reflecting the increase in economic activity during the month, official figures released on Thursday showed.Central GST collections rose to Rs 34,289 crore, state GST collections to Rs 41,368 crore, and integrated GST collections to Rs 98,894 crore.The government raised Rs 4,551 crore vi…
Latest Taxation News & Updates
New Delhi, Dec 26 (IANS) Pakistan has become chronically dependent on bailouts from the International Monetary Fund (IMF) as it has been plunging from one fiscal crisis into another over the years. It is, however, ironic that the country been getting these loans despite Islamabad’s failure to meet the IMF conditions to revive the economy.Pakistan is now headed for its 25th IMF loan with the latest $7 billion Extended Fund Facility (EFF), stretched over 37 months, and the accompanying $1.4 bill…
Taxation on rental income in India for NRIs can be a complex subject—but understanding it is crucial for compliance and…