Income Tax Department Targets Chartered Accountants in Massive Tax Evasion Scheme Linked to Political Funding
The income tax department’s Jharkhand unit has sought permission from the Central Board of Direct Taxes (CBDT) to initiate steps […]
Man held for 11cr GST credit fraud
The GST Chennai Outer Commissionerate arrested a man from Ambur on Saturday, for masterminding a fraudulent Input Tax Credit (ITC)
CBIC Grants Exemption From Quality Control Order (QCO) On Import of Aerospace Grade Hydrogen Peroxide for Non-Commercial R&D Application
The CBIC has issued Instruction No. 29/2025-Customs dated September 12, 2025 exempting aerospace grade hydrogen peroxide imports from the Quality
FMCG majors roll out trade notices ahead of GST rate cut on household essentials
India’s top consumer goods makers, including Hindustan Unilever Ltd, P&G and L’Oréal, have sent out communication to general trade partners
Why are businesses fretting over GST rate cuts?
Representatives of a several industries, including pharmaceuticals, textiles, insurance, clean energy and farm equipment, have sought government intervention after the
GST Reforms Are Huge Victory for Each, Every Citizen of Country: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Sunday said that the GST reforms are a huge victory for each and every
GST 2.0 a ‘system-cleaning reform’, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday said the next-generation Goods and Services Tax (GST) reforms introduced earlier this month have
Federation of Paper Traders Associations urge uniform 5% GST for paper and paperboard products
Converting GST into a two-tier structure is a welcome move. However, for paper and paperboard products, a uniform 5 per
Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset
Time for cashback: HC orders 16-cr tax refund to Flipkart
The Karnataka high court has ordered the commercial taxes department to refund Rs 16.1 crore to Flipkart India. This amount
