Karnataka ends EV tax exemptions: New lifetime charges to hit all electric car buyers
The Karnataka government introduced a lifetime tax on all electric four-wheelers in the state, ending earlier exemptions. This is part […]
SMS Pharma Faces Rs 7.19 Crore Tax Demand in Income Under-Reporting Case
SMS Pharmaceuticals Limited has received an income tax demand notice of Rs 7.19 crore for the assessment year 2018–19, along
Commercial taxes department collects record Rs. 43,324 cr in 2025-26
State commercial taxes minister Bijendra Prasad Yadav said on Thursday that the department has made a record collection of taxes
Income Tax notices rock insurance distribution ecosystem; ORC payouts under scanner
Income Tax Department has issued notices to a large number of insurance brokers and corporate agents, triggering fresh scrutiny across
CAG flags ₹74,766 crore tax impact from deductions claimed by banks, NBFCs
The Comptroller and Auditor General (CAG) of India has flagged a potential tax implication of ₹74,766.39 crore arising from exemptions
Windfall gains tax on diesel, jet fuel exports not applicable to exports from SEZ refinery of Reliance Industries
The levies imposed last week on exports of diesel and aviation turbine fuel (ATF) will not be applicable to fuel
DGGI arrests key accused in fake Input Tax Credit racket
The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, on Thursday informed that it has arrested T. Venkata Swaroop
GST collections in Goa shrink 2.1% as state’s share remains flat
The GST revenue data for 2025-26 shows that while the state’s taxpayer base is expanding, Goa is seeing a significant
CBDT launches new website and AI assistant Kar Saathi: How taxpayers can use the platform
The Income Tax Department has introduced a new website and an AI-based assistant called Kar Saathi, aimed at simplifying compliance
Cross-Charge Mechanism Valid for Distribution of Common ITC Prior to April 01, 2025
The Hon’ble Karnataka High Court in the case of M/s. Micro Labs Limited v. Joint Commissioner of Central GST &
