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Central GST

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Last Updated: Just Now
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Macro Economy & Fiscal Policy 09 Oct 2026, 01:47 PM IST

Faceless GST Assessments for Multi-Jurisdiction Taxpayers Set for Next Fiscal Rollout

India is preparing to extend faceless assessment to GST taxpayers registered across multiple CGST jurisdictions, a move aimed at reducing discretion, improving consistency and easing compliance friction. The framework is expected to be placed in the public domain for consultation by year-end, with implementation targeted for the next fiscal year.

By RDU Global Wire5 min read
Macro Economy & Fiscal Policy08 Oct 2026, 10:46 PM IST

Faceless GST Assessments for Multi-Jurisdiction Taxpayers to Begin Next Fiscal Year

India is preparing to extend faceless assessment to Goods and Services Tax payers registered across multiple Central GST jurisdictions, a move aimed at reducing discretion, improving consistency and speeding up dispute resolution. The framework is expected to be placed in the public domain for consultation by the end of this year, with implementation targeted for the next fiscal year.

5 min readRead →
Banking, Fintech & Insurance6h ago

Government Says New UPI Merchant Fee Won't Hit Consumers as India Moves to Protect Digital Payments Growth

Government sources on Thursday said the proposed 0.4% merchant discount rate on certain UPI transactions above Rs 2,000 will be borne by merchants, not consumers, and will not flow into government coffers. The move, effective October 15, is aimed at building a sustainable revenue model for the digital payments ecosystem while keeping person-to-person UPI transfers free and shielding most small merchants from the charge.

5 min readRead →
Macro Economy & Fiscal Policy09 Oct 2026, 09:47 AM IST

Centre Plans Faceless GST Assessments, Starting With Central Cases

The Centre is preparing to introduce faceless assessment for GST taxpayers, beginning with assessees handled under central formations, in a move aimed at reducing discretion, improving consistency and speeding up dispute resolution. Industry experts say the reform could be especially useful for multi-state enterprises, exporters and large manufacturers that face complex compliance and assessment issues across jurisdictions.

5 min readRead →
Banking, Fintech & Insurance09 Oct 2026, 09:19 AM IST

Central Bank of India Posts 30% Credit Growth, Lifts Q2 Business to Rs 8.89 Lakh Crore

Central Bank of India reported a sharp 30 percent rise in credit growth for the second quarter of the financial year, underscoring sustained loan demand and a stronger balance-sheet trajectory. Advances stood at Rs 2.93 lakh crore as of September 30, 2025, while deposits rose 14 percent to Rs 5.08 lakh crore and total business expanded 21 percent to Rs 8.89 lakh crore.

5 min readRead →
National Governance & Policy06 Oct 2026, 03:27 PM IST

Four Students Injured as Protest Erupts at Central University of Kerala During Vande Mataram Seminar

Four students were injured after a protest broke out at the Central University of Kerala during a seminar linked to Vande Mataram, according to student accounts. The confrontation escalated into allegations that police used force, including tearing students’ clothes while trying to disperse the crowd, raising fresh questions about campus policing and the handling of dissent in higher education institutions.

5 min readRead →
Macro Economy & Fiscal PolicyRecently

Iran Finishes Rail Laying on Chabahar-Zahedan Link, Advancing India’s Strategic Access to Central Asia

Iran has completed rail laying on the Chabahar-Zahedan corridor, a key transport link expected to reshape access from India’s Chabahar port into Iran’s rail network and onward to Afghanistan and Central Asian markets. The project, targeted for commissioning by January 2027, carries outsized strategic value for trade diversification, logistics resilience and regional connectivity.

4 min readRead →

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