News/Blog
- GST on books: What you buy and where you buy it from makes all the difference
GST rates on books in India vary based on type and source. While school textbooks are GST-exempt when provided by schools, the same attract 12% if bought privately. Novels are exempt, but e-books and combo books with toys or electronics attract up to 18% GST. Know what you're paying for.
- GST penalty notice challenged: Calcutta High Court restrains revenue post search
Legal experts also suggest that this could set a precedent for courts across India to examine similar disputes, making this a potentially watershed moment for GST administration jurisprudence.
- Maharashtra signs two MoUs for industry advancement, CM Fadnavis bats for growth
Maharashtra CM Devendra Fadnavis highlighted the state's contribution to national GDP and overall FDI along with its future development plans which could keep the state ahead of its counterparts. Read on:
- RBI says global economy in flux; sees resilient momentum in India
The RBI said high-frequency indicators for May 2025 present a mixed picture. Industrial and services activity remained strong. PMI for services was steady at 58.8, and manufacturing PMI stood at 57.6, well above the long-term average.
- Govt disburses ₹21,534 cr under PLI schemes; pharma, food, textiles lead
India’s PLI schemes have spurred ₹16.5 lakh crore in sales and created over 12 lakh jobs across 14 sectors, Commerce Minister Piyush Goyal said at a review meeting on Tuesday.
- Cabinet approves ₹3,626 crore expansion of Pune Metro Line 2
The Union Cabinet has approved the ₹3,626 crore expansion of Pune Metro Line 2, which will add 12.75 km and 13 new stations to improve east-west connectivity across the city. The project aims to link central Pune with fast-growing suburbs, supporting rapid urban growth and sustainable transit.
- RBI extends market timings for call money till 7 pm effective July 1
The revised market hours shall be from 9:00 am to 7:00 pm.
- Cabinet approves regional centre of International Potato Centre in Agra
The Uttar Pradesh government has provided 10 hectares of land free of cost, while the Union government will invest ₹111 crore through the Department of Agriculture & Farmers Welfare.
- Newbreak Confirmed | Cabinet approves ₹5,940 crore outlay for Jharia Master Plan
The total financial outlay for the implementation of the revised plan is ₹5,940.47 crore. The revised JMP lays a much stronger emphasis on sustainable livelihood generation for families being resettled under the plan.
- SECI extends bid deadline for annual green ammonia production to June 30
The new deadline for submitting bids is now June 30, revised from the earlier schedule, giving prospective bidders additional time to finalise proposals.