GST dept issues tax demand of Rs 124 crore to Spicejet, slaps showcause notice for delay in return filingThe GST department has levied a significant tax demand of Rs 124.65 crore on SpiceJet. This action follows the airline's failure to file Go...
29 May, 2026, 11.27 PM IST
Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
29 May, 2026, 11.24 AM IST
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
29 May, 2026, 08.12 AM IST
ED arrests Punjab minister Sanjeev Arora in Rs 100 crore money laundering caseThe Enforcement Directorate (ED) on Saturday arrested Punjab minister Sanjeev Arora in connection with an ongoing Rs 100 crore money launde...
09 May, 2026, 05.58 PM IST
Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
09 May, 2026, 02.36 PM IST
Corporate Affairs ministry proposes easing company incorporation rulesIn an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidat...
17 Apr, 2026, 11.48 PM IST
Govt plans to rationalise filing framework under companies lawThe Corporate Affairs Ministry is embarking on an initiative to streamline company law filings, merging various forms into a more user-frie...
17 Apr, 2026, 05.31 PM IST
GST registration to be suspended if you do not give bank account details at the earliest; These taxpayers get exemption from thisAttention all businesses! Your GST registration may be suspended if you don't submit your bank account details on time. Make sure to provid...
20 Nov, 2025, 06.44 PM IST
GST department can freeze your bank account! Here's what you should do if it happens with youTo ensure the integrity of tax collection, the GST department can provisionally seize a taxpayer's bank account. This precaution is crucial...
19 Nov, 2025, 04.03 PM IST
GSTR-3B deadline extended for Mumbai and these Maharashtra districtsDue to heavy rains and public disruptions, the CBIC has extended the GSTR-3B filing deadline for July 2025 to August 27, 2025. This extensi...
27 Aug, 2025, 12.23 AM IST
Govt notifies rules for GST appellate tribunals; provides for mandatory e-filing, hybrid hearingThe government has established Goods and Services Tax Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings. Urgent matte...
25 Apr, 2025, 03.20 PM IST
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024Waiver of GST tax demand interest and penalty: The Ministry of Finance has notified the rules and conditions to follow if you need to use 1...
26 Mar, 2025, 12.18 PM IST
From next year, non-filers of monthly GST return will be barred from filing GSTR-1These moves would help prevent revenue leakage due to evasion of Goods and Services Tax (GST), which was launched on July 1, 2017.
18 Sep, 2021, 02.41 PM IST
CBIC rationalises GST refund provisions, allows taxpayers to withdraw application"CBIC has put rest to this controversy, by amending the rule, and providing that the time period from the date of filing of original refund...
19 May, 2021, 05.39 PM IST
No input tax credit if GST returns not filed, says Telangana HCThe company had delayed filing the GST returns from July 2017 to May 2018 when its tax liability added up to Rs 1,014 crore.
23 Apr, 2019, 10.25 AM IST
GST: Delhi HC seeks govt's response on plea challenging timeline for input tax creditA bench of justices S Ravindra Bhat and A K Chawla issued notice to the finance ministry and the GST Council and sought their reply to the ...
19 Mar, 2018, 01.06 PM IST
GST Council June 18 meet: Here are the key decisions taken todayThe GST Council cleared 6 rules, including anti profiteering. An anti-profiteering body will also be setup for 2 years.
18 Jun, 2017, 06.18 PM IST