Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
17 Jun, 2026, 11.59 PM IST
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
28 May, 2026, 12.18 AM IST
Gaming transactions involving Fino Bank may face ED probeInvestigators found many cases of funds routed through multiple accounts or entities to obscure their origin, necessitating a deeper scruti...
16 Mar, 2026, 10.35 AM IST
Infosys clarifies on Rs 415 crore show cause notice by DGGIInfosys has filed a writ petition in the Karnataka High Court challenging a Rs 415 crore show cause notice from the DGGI concerning alleged...
09 Oct, 2025, 03.27 PM IST
Infosys gets relief as DGGI closes Rs 32,403 crore GST noticeInfosys has received closure from the DGGI on a GST demand notice of over Rs 30,000 crore, related to reverse-charge payments for services ...
07 Jun, 2025, 07.54 AM IST
NBCC’s Kidwai Nagar project caught in GST crossfire between ministriesA GST demand on NBCC's escrow fund for the Kidwai Nagar redevelopment project has sparked a conflict between the Urban Development and Fina...
28 May, 2025, 07.47 AM IST
Paytm shares in focus as subsidiary faces Rs 5,712 crore GST demand noticePaytm share price: Paytm’s subsidiary, First Games Technology, has received a Rs 5,712 crore Show Cause Notice from the GST authorities, de...
29 Apr, 2025, 09.12 AM IST
DGGI drops ₹3,000 crore tax demand on 18 foreign shipping firms for FY18The Directorate General of Goods and Services Tax Intelligence (DGGI) dropped a ₹3,000 crore tax demand for 2017-18 against 18 foreign ship...
23 Aug, 2024, 11.43 PM IST
Bajaj Finance gets show cause notice for Rs 342 cr GST demandBajaj Finance has been served with a show cause notice for a GST demand of Rs 342 crore. Authorities claim the fixed upfront interest colle...
12 Aug, 2024, 06.01 PM IST
Binance gets Rs 722 crore GST notice, a first for crypto sectorThe notice was issued for fees collected from Indian customers trading in virtual digital assets (VDAs) on the platform, categorized under ...
07 Aug, 2024, 07.14 AM IST
Ten foreign airlines get GST demands worth Rs 10k cr; IATA says matter risks India's aviation potentialUrging the government to resolve the matter, the International Air Transport Association (IATA) said it is disappointed that the Directorat...
06 Aug, 2024, 11.03 PM IST
Karnataka withdraws pre-show cause IGST notice to InfosysThe IT services giant received the notices on July 31, pertaining to services it received from its overseas branches in various foreign cou...
02 Aug, 2024, 12.24 AM IST
Infosys under investigation for GST evasion of over Rs 32,000 croreIT services major Infosys is under the GST authorities' scanner for an alleged evasion of taxes worth Rs 32,000 cr, as per internal documen...
01 Aug, 2024, 01.37 AM IST
DGGI probing Mahadev Online Book for possible non-payment of GSTThe Directorate General of GST Intelligence (DGGI) is investigating Mahadev Online Book, an allegedly illegal betting application, and its ...
05 Feb, 2024, 12.32 AM IST
DGGI unearths Rs 3,500-cr ITC discrepancies from 15 of 30 insurers, tax evasion probe into insurers to end by NovET was first to report on September 29, 2022, about investigations into potential GST input tax credit violations by insurers, and on Janua...
21 Jul, 2023, 09.10 AM IST
ICICI Prudential gets notice for alleged GST liability of Rs 492 croreIn a notice to stock exchanges, ICICI Prudential said it has received show-cause-cum-demand notice of ₹492 crore for July 2017 to July 2022...
27 Jun, 2023, 06.32 AM IST
ICICI Pru Life refutes GST dept contention of tax liability due to input tax credit claimsIn the absence of receipt of a formal show cause notice detailing the grounds and rationale on which the tax demand is proposed to be raise...
26 Apr, 2023, 09.39 PM IST