Enforcement Directorate attaches Rs 213 crore for money laundering through online betting, gambling sitesIn a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the Directorate of Enforcement is investigating ...
20 Dec, 2022, 07.02 PM IST
Small steps welcome, but GSTeps neededIndia's growth momentum amid a world economy staring at recession is dependent on the government's capital expenditure push. This must be f...
18 Dec, 2022, 10.42 PM IST
GST Council doubles limit for launching prosecution to Rs 2 cr; defines SUVs for 22 pc cessThe Council also clarified on the definition of SUVs (sports utility vehicles) for the levy of 22 per cent compensation cess over the 28 pe...
18 Dec, 2022, 05.35 PM IST
GST prosecution threshold up; some offences decriminalisedThe 48th GST Council meeting, held virtually on Saturday after a gap of six months, deferred a decision on imposing the levy on online gami...
18 Dec, 2022, 05.47 AM IST
GST Council decriminalises some types of offences, defers call on online gaming, horse racing and casinosA Group of Ministers (GoM) set up by the Council to decide on GST rates on online gaming, casinos and horse racing had completed its delibe...
17 Dec, 2022, 05.46 PM IST
India's GST Council meets today to decide on online gaming tax, decriminalisation of some indirect tax offencesThe Council has reportedly been given a suggestion - by the law committee - to consider increasing the monetary threshold for launching pro...
17 Dec, 2022, 11.03 AM IST
GST Council meet: Decriminalisation of offences, curbing tax evasion in pan masala, gutkha biz on agendaBesides, GST on online gaming and casinos may come up for deliberations as the Group of Ministers (GoM), chaired by Meghalaya Chief Ministe...
16 Dec, 2022, 08.33 PM IST
GST council to consider decriminalisation of GST law in Dec 17 meetThe GST Council in its next meeting is likely to discuss decriminalisation of offences under GST law, along with raising the threshold of l...
05 Dec, 2022, 08.45 PM IST
GoM report on appellate tribunals, decriminalising of GST law top agenda of 48th GST Council meetThe Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key a...
05 Dec, 2022, 03.37 PM IST
Govt working on decriminalising certain offences under GST, lower compounding chargesThe government is working on making the provision under GST Act for prosecution more simpler and friendly for taxpayers. Section 132 under ...
28 Sep, 2022, 05.16 PM IST
CBIC ask officials to initiate prosecution only after adequate evidenceIn a fresh set of instructions, the board said prosecution should normally be launched where amount of tax evasion, or misuse of Input tax ...
02 Sep, 2022, 12.02 AM IST
Companies under IBC process may get GST reliefThe government may allow companies under IBC to pay current levies of GST without payment of past dues.
23 Dec, 2019, 06.32 PM IST
Government sets up office of GST Commissioner (Investigation) to deal with tax evasionWith most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforce...
12 Sep, 2018, 04.56 PM IST
Over 68,000 companies registered in 8 months post GST: Union ministerThe total number of companies registered during the period from July 2017 to February 2018 (post GST) is 68,299, said Union Minister P P Ch...
23 Mar, 2018, 05.13 PM IST
Rs 6-cr GST evasion in 5 months of FY18GST was introduced on July 1, 2017. It subsumed over a dozen central as well as local taxes, including excise and service tax, taking the c...
06 Feb, 2018, 05.12 PM IST
States want cos to share GST benefits with buyers“Some states wanted to know from the industry that is demanding moderate rate as to how they will ensure that the benefit is passed on to c...
31 Aug, 2016, 02.12 PM IST
Onus on suspected offenders to prove overseas funds legal: CBDTA rebuttable presumption is a conclusion to a fact in presence of certain evidences and can be overturned only if an evidence on the contra...
03 Mar, 2015, 09.54 PM IST