The Middle Class Squeeze: How Policy Changes Like GST and UPI Fees Burden Ordinary Indians

By BPN News Desk July 26, 2025

Op-Eds Opinion

India’s middle class has always been the backbone of the nation’s economic aspirations. They are the early adopters of new technologies, the primary drivers of consumption, and the segment that most willingly embraces government initiatives aimed at modernization. Yet, time and

Business Finance

Karnataka CM Orders Mandatory GST Registration

By BPN News Desk July 24, 2025

Karnataka Chief Minister Siddaramaiah has directed that all eligible traders crossing the GST turnover threshold must register under the Goods and Services Tax system. The instruction follows widespread confusion after tax notices were issued based on UPI payment records. CM Responds to Traders’ Concerns Several traders had received GST registration notices after

Economy National

5 States Make Up Half of India’s GST Taxpayers

By BPN News Desk July 22, 2025

A recent SBI Research report shows that five states—Uttar Pradesh, Maharashtra, Gujarat, Tamil Nadu, and Karnataka—together account for nearly 50% of all active GST taxpayers in India, eight years after GST implementation. UP Leads the Pack Uttar Pradesh tops the list with 13.2% of active GST registrations. Maharashtra follows at 12.1%, Gujarat at 8.4%, Tamil […]

Op-Eds Opinion

GST vs UPI: How Bureaucracy Hijacked Digital India’s Crown Jewel

By BPN News Desk July 21, 2025

India’s digital economy was supposed to be a story of empowerment — of chaiwalas flashing QR codes, fruit vendors skipping change hassles, and small businesses riding the wave of UPI-powered inclusion. But just when the country seemed to be turning the corner on cash, the bureaucracy decided to remind everyone who’s really in charge. The […]

South India State News

Bengaluru Vendors Ditch UPI, Return to Cash

By BPN News Desk July 16, 2025

In Bengaluru, several small traders, food vendors, and street shopkeepers have stopped accepting UPI payments and switched back to cash-only transactions. The shift follows a wave of GST notices sent to unregistered vendors whose UPI transactions crossed prescribed turnover thresholds. Many vendors fear that digital payment records are being used by tax authorities to

Business Industry

MSMEs Express Concerns Over New GST Invoice Management System

By BPN News Desk March 28, 2025

The rollout of India’s new Invoice Management System (IMS) under the Goods and Services Tax (GST) regime has triggered alarm among Micro, Small, and Medium Enterprises (MSMEs), who fear significant operational and financial disruptions. While the new system is intended to improve tax transparency and streamline compliance, small businesses are grappling with a host of […]

Government Policies

Finance Ministry Seeks Supreme Court’s Guidance on Online Gaming Tax Notices

By Editor - News Desk January 10, 2025

The Finance Ministry has approached the Supreme Court seeking clarification regarding the issuance of tax notices to online gaming companies. This exclusive development was first reported by CNBC-TV18, highlighting the government’s efforts to resolve ambiguities in the Goods and Services Tax (GST) framework for the growing online gaming sector. Key Issue: Tax