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KARNATAKA GST EVASION
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...- Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
- Karnataka witnesses 5-fold jump in GST tax evasion at Rs 39,577 cr in FY25Central GST officers in Karnataka uncovered a significant surge in tax evasion, detecting Rs 39,577 crore in the 2024-25 fiscal year. This ...
- Parliament Watch: Centre halts MGNREGS, housing funds to Bengal, vacancies on NCS portal, and moreThe central government has stopped funding MGNREGS and PMAY-G in West Bengal due to financial irregularities. Maharashtra recorded the high...
- Bengaluru street vendors seek GST relaxation after receiving notices for UPI transactions crossing 40 lakh turnoverSmall vendors in Karnataka are facing distress due to GST notices for UPI transactions exceeding ₹40 lakh annually. The Karnataka Pradesh S...
- GST enforcement should be balanced with sensitivity: SBI Research amid K'taka UPI-GST rowSBI Research cautions that aggressive GST enforcement based on UPI transactions could push small businesses back into the informal economy,...
- DGGI ends FY18 GST proceedings against InfosysThree days after Infosys acknowledged receipt of a notice for alleged evasion of over Rs 32,000 crore in integrated goods and services tax ...
- Gameskraft’s revenue grows to Rs 2,662 crore, profit rises to Rs 1,062 crore amid tax troublesThe company’s revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in F...
- Govt serves online gaming companies tax notices worth Rs 1 lakh croreIndian tax authorities have served notices worth about 1 trillion rupees ($12.03 billion) to online gaming companies, a government official...
- Karnataka: Commercial tax dept raids coaching classes in VijayapuraThe Belagavi enforcement wing of Karnataka's Commercial tax department has conducted raids on coaching classes in Vijayapura district suspe...
- Karnataka GST authorities unearth tax evasion in govt contractsThe enforcement wing of Karnataka's Commercial Tax Department has uncovered a case of tax evasion in government contracts, with suspected t...
- GST Council to discuss measures to curb evasion, GoM report on online gaming in July 11 meetThe GST Council on July 11 will discuss some more measures to tighten the noose on fake registration and fraudulent generation of input tax...
- Proposal for GST under reverse mechanism draws mixed response from jewellery sectorTo plug loopholes in collection of GST or potential misuse, the GoM recommenced a 3% GST on purchase of old jewellery under the reverse cha...
- Taxmen raid jewellers in Bengaluru, detect large scale GST evasionThe gold ornaments caught evaded GST of Rs 1.3 crore. "The raids were based on credible information and data analytics available in the bac...
- E-way bill to be integrated with NHAI's FASTag to track GST evasion from AprilThe revenue department has set up an officers committee to integrate e-way bill, FASTag and DMIC's Logistics Data Bank (LDB) services, afte...
- Companies vanishing act on GST invites taxmenTaxmen are considering putting in place an extensive plan to hunt for missing GST taxpayers.
- GST evasion worth Rs 12,000 crore detected between April-NovemberCentral Board of Indirect Taxes and Customs (CBIC) member John Joseph said despite the electronic way or E-way bill mechanism there has bee...
- Taxmen detect GST evasion by RCom, Reliance IDCThe two entities are engaged in internet and telecommunication services. The tax evasion was detected based on data analytics, commercial t...
- With a good April show, FY19 GST target achievable: ReportThe GST mop-up in the entire fiscal 2018 (from July to March) stood at Rs 7.41 trillion and major 15 states budgeted around Rs 5.5 trillion.
- 'Over 17 lakh e-way bills generated in 3 days'The number of e-way bills generated on its platform has been steadily rising with 2.59 lakh bills on April 1, followed by about 6.5 lakh an...
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