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GST LEAKAGE
West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan Dasgupta- The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gains
- Ek teer kai nishaan: Nilesh Shah of Kotak Mutual Fund on how GST 2.0 is step in right direction
- Near 10% boost takes GST kitty to Rs 22 lakh croreGST collection in March rose nearly 10% to ₹1.96 lakh crore, driven by economic stability and strong tax compliance. The fiscal year's gros...02 Apr, 2025, 09.13 AM IST
- GST Council clears "track and trace" mechanism, cigarettes and pan masala likely first targetsThe GST Council will track cigarettes and pan masala to stop tax evasion. A unique code will be placed on products. This will help the gove...23 Dec, 2024, 12.50 PM IST
- Not on the GST menuIn November, Zomato, holding the largest market share in the country's online food delivery sector, received a GST notice of ₹400 crore fro...06 Dec, 2023, 11.03 PM IST
- The seven-year glitch: Inside the govt's war to plug the GST leakageIndia's Goods and Services Tax (GST) regime needs to plug leakages that cause tax evasion, which has increased in recent years despite stab...27 Jul, 2023, 02.40 PM IST
- Centre amends finance bill to change taxation on tobacco, pan masalaThe centre on Friday proposed an amendment in the Schedule of the GST (Compensation to States) Act, 2017in the finance bill which capped th...25 Mar, 2023, 07.44 PM IST
- Government tweaks GST rules for claiming input tax creditThe ministry has inserted Rule 37A in Central Goods and Services Tax rules to give effect to the new provision.28 Dec, 2022, 12.22 AM IST
- GST council expected to focus on improving revenue collections and plugging leakagesA group of ministers (GoM) headed by Maharashtra finance minister Ajit Pawar, which is scheduled to give its report on reforms on the GST s...26 Jun, 2022, 11.46 PM IST
- GST Council sets up two GoMs to look into rate rationalisation, systems reviewThe goods and services tax council secretariat Monday notified the setting up of two GoM, one to look into the rate structure and another t...28 Sep, 2021, 08.07 AM IST
- EY and Automation Anywhere to bring RPA-based tax automation solutionsThe RPA solutions are aimed to automate high volume tax compliance processes across various industry sectors.10 Jun, 2020, 11.27 AM IST
- Importers, exporters to mandatorily declare GSTIN in documents from Feb 15Data analytics by the revenue authorities have detected rampant tax evasion through black market and under-valuing of imports. It has come ...09 Feb, 2020, 12.55 PM IST
- Purchase without bill may be big GST leakage sourceB2C sales have been the key source of leakage of GST as consumers are often cajoled into paying in cash without taking a bill. The issue wa...26 Nov, 2019, 11.19 AM IST
- GST may see its biggest review since launch, rates and slabs likely to be tweakedThe task has been assigned to a 12-member committee of state and central government officials.11 Oct, 2019, 02.10 PM IST
- Car dealers on taxman’s radar over discounts & freebies to customersI-T dept is probing whether the tax treatment of discounts during transition to GST was done properly.10 May, 2019, 09.08 AM IST
- Nowhere to hide as GST data unearths tax leakage, fraudThe fraud analytics system collects data at multiple layers of compliance, preventing frauds from gaming the newly-implemented system.02 Jul, 2018, 08.26 AM IST
- Falling GST numbers: Govt suspects massive under-reporting by companiesThe number has taken the government machinery by surprise as the threshold for registering for GST is an annual turnover of Rs 20 lakh.01 Jan, 2018, 04.09 PM IST
- Higher revenue neutral rate can lead to leakages: Mitra on GSTA higher revenue neutral rate under the proposed GST law will lead to leakages, compliance issues, West Bengal Finance Minister Amit Mitra ...25 Nov, 2015, 07.37 PM IST
- Let it RIPThe duty entitlement passbook scheme has become obsolete and should lapse07 May, 2011, 04.51 AM IST
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