Income Tax dept to monitor high-value transactions of returns to curb tax evasion
The Income Tax Department will now keep a special watch on individuals who file income tax returns but fail to […]
States seek higher share in tax kitty, citing population & GDP contribution
Most states have requested the 16th Finance Commission for an increase in their respective share in the tax devolution kitty,
DGGI dropping Infosys case signals new approach in granting tax benefit to software exporters
The move by the Directorate General of GST Intelligence to (DGGI) close ₹32,403-crore of pre-tax proceedings against Infosys Ltd last week
Businessman Arrested for ₹9.9 Crore GST Evasion in Guwahati
A 39-year-old businessman, Varun Goyal, was arrested by the Commissionerate of State Goods and Services Tax (SGST), Kar Bhawan, Guwahati,
Mining Sector Advocates for Subsidies and Lower GST to Accelerate Electric HEMM Adoption
The Federation of Indian Mineral Industries (FIMI) has urged the government to offer a subsidy of ₹10,000–15,000 per kWh on
United Breweries receives Rs 18.60 cr GST order
Liquor major United Breweries on Wednesday said that the company has received orders and demand notices from the Kerala State
Sikkim-based units under scrutiny for GST refund irregularities
Several manufacturing units in Sikkim are under investigation for allegedly availing undue benefits under the Scheme of Budgetary Support, 2017,
FM Sitharaman asks regulators to take steps to reduce unclaimed assets and expedite refunds
The Financial Stability and Development Council (FSDC) on Tuesday discussed the need for taking necessary steps to reduce unclaimed assets
E-Way bill generation hits near-record high in May, signalling robust economic activity and compliance
E-Way Bill (EWB) generation in May surged to 12.26 crore, marking the second-highest figure ever reported by GSTN. This represents
EU wants India to ease quality control scheme as part of trade agreement
The EU wants India to ease its Quality Control Orders (QCO) scheme as part of the proposed India-EU Free Trade
