Karnataka CM slams Centre for reduced GST share, says ‘corruption-ridden’ states are showered with funds
The row over devolution of Goods and Services Tax funds continues in 2025, with Karnataka criticising the recent allocation made […]
Tax Dept’s Letters to Check Fake GST Registrations
With the number of fake GST credit claims rising, the commercial tax department has taken several initiatives to nip the
GTRI Recommends Simplifying India’s Tariff Structure to Boost Exports and Reduce Imports
India’s declining customs duties revenue—now just 6.4 per cent of total tax intake—calls for a strategic rethinking of tariffs to
Income Tax Department tightens grip on tax evasion by schools
The Income Tax Department has intensified its action against tax evasion in educational institutions by launching surveys across the country.
Escorts Kubota Wins Income Tax Case for AY 1986-87, Reports Stable Q2 Performance
Farm and construction equipment firm Escorts Kubota Ltd on Tuesday (January 14) announced that the Delhi High Court has dismissed
Commerce Ministry may seek 5-year extension of interest equalisation scheme for exporters in Budget
The commerce ministry is likely to seek further extension of the interest equalisation scheme in the forthcoming Budget on pre-
Income Tax dept can attach assets under benami law even if actual owner not traced
The Income Tax department can attach an asset under the anti-benami law even if the actual owner of such a
GSTN issued Important Advisory for Filing Applications Under the Waiver Scheme u/s 128A of the CGST Act
The GSTN issued Advisory No. 573 on January 14, 2025, regarding the Waiver Scheme under Section 128A of the CGST
GSTN issued Important Advisory regarding the Generation Date for ‘Draft GSTR-2B’ for December 2024
The GSTN issued Important Advisory No. 572 dated January 14, 2025 regarding the Generation Date for Draft GSTR 2B for
Union Budget 2025 | Auto sector seeks PLI expansion, GST simplification
Ahead of the Union Budget, the auto industry is of the view that while the government has been an enabler
