ITAT Mumbai Grants Relief to NRI Taxpayer in Case of Alleged Unexplained Investment
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal of a non-resident Indian (NRI) taxpayer and deleted […]
States should improve tax base, prevent revenue leakages: MoS finance
In order to reverse the declining ratio of their own tax revenue to gross state domestic product, states need to
Bombay Chartered Accountants’ Society seeks extension of deadline for filing GST Annual Returns for FY 2024–25
The Bombay Chartered Accountants’ Society (BCAS) has submitted a representation to the Government seeking an extension of at least three
Domestic copper industry flags cheap imports, seeks 3% safeguard duty
Cheap imports of copper under multiple free trade agreements are “severely damaging” Indian manufacturing, industry body IPCPA said and sought
Raipur accountant gets anticipatory bail from HC in 124 crore GST e-way bill case
The Chhattisgarh high court granted anticipatory bail to a Raipur-based freelance accountant accused of alleged involvement in a goods and
Over 2 lakh taxpayers claimed suspicious deductions of nearly ₹5,500 crore, says IT Dept
Over 1.4 lakhs taxpayers with suspicious claim of ₹4100 crore are on the radar of the Income Tax Department, official
Industry may need to reassess EV target of 2030 as penetration is low after GST 2.0: Maruti Suzuki official
The auto industry must operate at full pace to reach 5.5–5.6 million vehicles by 2030, with electric vehicles accounting for
Falling inflation, GST reset narrowed gap between unbranded and branded FMCG, says Marico CEO
A sharp drop in inflation and the goods and services tax (GST) reset are structurally improving affordability, encouraging a gradual
Govt detects 489 fake GST registrations involving forged PAN Aadhaar in Apr-Oct
The government has detected 489 fraudulent GST registrations till October involving forged PAN and Aadhaar, and resulting in tax evasion
GST rate cuts spur demand for consumer loans to buy durable goods, two-wheelers
The Goods and Services Tax (GST) cuts led to an increase in people taking on more loans to make purchases,
