GST Losses, Revenue Deficit Grant Cut Widen Revenue Gap: Himachal CM Flags Financial Stress
The Union Government’s decision to discontinue the Revenue Deficit Grant (RDG) has deepened Himachal Pradesh’s financial strain, with Chief Minister […]
Charitable trusts challenge Income Tax dept’s irrevocability clause
Scoffing at a seemingly absurd demand from the tax office, India’s public charitable trusts have moved the court. They are
Woman receives Rs 33 lakh property as gift, gets tax notice: ITAT explains when a gift becomes taxable
A woman with an annual income of just Rs 3.4 lakh received a property worth Rs 33 lakh through a
CAs flag SGB tax change, dividend rules in post-Budget memo
A chartered accountants’ body has raised concerns over several tax proposals in the Finance Bill, including changes affecting Sovereign Gold
GST eroding financial freedoms of States: 7th State Finance Commission chair K.N. Harilal
The introduction of the Goods and Services Tax (GST) regime has resulted in the erosion of the financial freedoms of
2.75 crore GST fraud gang busted, 4 held
Lucknow Police and cyber surveillance teams on Sunday busted a Goods and Services Tax (GST) fraud racket, exposing tax evasion
Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments
The Department of Commerce, Ministry of Commerce & Industry, held a stakeholder consultation with all stakeholder ministries, key logistics and
India’s Export Momentum Strengthens on Rising Services, Strategic Manufacturing, and Policy Reforms
Key Takeaways Cumulative exports reached USD 720.76 billion Apr-Jan 2025-26(+6.15% YoY) During Apr-Jan 2025-26, services exports reached USD 354.13 billion (+10.57% YoY)
Maharashtra Government Introduces Amendment & Validation Bill to Extend Deadline for Settlement of Tax Arrears
The Government of Maharashtra has introduced the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee (Amendment and
1,200 bogus firms in 20 states’: UP Police bust GST evasion racket; kingpin, 3 aides held
The Uttar Pradesh Police on Saturday claimed to have unearthed a gang running an inter-state GST tax evasion racket that
