SBI receives Rs 6,338 crore income tax demand for AY24State Bank of India is contesting a Rs 6338 crore income tax demand for assessment year 2023-24. Meanwhile, IDBI Bank faces a Rs 5.5 crore ...
20 Mar, 2026, 10.45 PM IST
Software developer booked for GST evasion, house raided in NashikThe Goods and Services Tax (GST) department raided the Nashik residence of software developer Shrikant Prasad Parhe, accused of tax evasion...
27 Jul, 2025, 06.28 PM IST
Shakti Pumps shares surge 5% on bagging Rs 114 cr work order from Maharashtra Energy Department AgencyShakti Pumps (India) shares experienced a surge of 4.6% following the announcement of a significant order worth Rs 114.58 crore from the Ma...
12 Jun, 2025, 11.56 AM IST
GST authorities search three ICICI Bank officesICICI Bank announced that GST authorities conducted searches at three of its offices, with ongoing proceedings. The bank is fully cooperati...
05 Dec, 2024, 11.09 AM IST
GST audit report in Maharashtra will be issued offline; know what steps to take to avoid future litigationGoods and services tax: The Maharashtra GST department has issued a circular which allows GST proper officers to conduct the GST audit proc...
29 Nov, 2024, 05.13 AM IST
ICICI Prudential receives GST and penalty order of Rs 835 crICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra's State Tax department for FY201...
30 Apr, 2024, 12.55 PM IST
Rs 8,100 crore tax evasion carried out through 4,909 bogus establishments spread across country detectedAuthorities have discovered a GST evasion of over Rs 8,100 crore, carried out through 4,909 bogus business establishments spread across the...
14 Jun, 2023, 05.45 PM IST
Centre, states working on property, discoms data sharing to widen GST payer base, says CBIC chiefCBIC chief Vivek Johri said one such pilot project is ongoing in Madhya Pradesh, while Gujarat is undertaking a pilot on PAN-based linkage ...
17 Dec, 2022, 07.39 PM IST
Maharashtra GST Department arrests a businessman for fake billsAccording to the department, their investigation found that M/s. Om Impex and two other firms viz. M/s Brijeshwari Enterprises and M/s Chet...
04 Aug, 2022, 08.00 PM IST
Grants, non-philanthropic donations received by charitable trusts to attract 18 pc GST: AARJayshankar Gramin Va Adivasi Vikas Sanstha Sangamner, a Charitable trust registered under Maharashtra Public Charitable Trust Act 1950, had...
17 Nov, 2021, 01.50 PM IST
Maharashtra GST collections see 11.6% dip in pandemic yearMaharashtra is set to end the Covid-impacted financial year with Goods and Services Tax (GST) collections lower by 11.6% in comparison to t...
30 Mar, 2021, 09.15 AM IST
Pune businessman held for issuing Rs 110 crore bogus invoicesThe accused identified as Babusha Sharnappa Kasbe also passed input tax credit to registered firms of Rs 16.86 crores without delivery of t...
16 Feb, 2021, 08.58 AM IST
Maharashtra govt to issue own trade circulars as opposed to following CBICUnder GST, joint decisions are taken by Centre and states at the GST Council and implemented across the economy irrespective of tax jurisdi...
15 Jan, 2021, 08.40 AM IST
Taxman goes after companies undertaking frauds within different statesThe tax department said that there are many companies that are using fake invoices for interstate transactions to avail input tax credit un...
18 Nov, 2020, 06.14 PM IST
GSTIN not necessary if exempt goods imported, exportedThe department issued the clarification amid reports of some consignments being delayed at ports for want of clarity on rules governing the...
13 Jul, 2017, 11.36 PM IST
Centre to compensate Maharashtra government for loss of octroi: Sudhir MungantiwarMungantiwar said he has succeeded in convincing the Council that Maharashtra should get compensation in lieu of octroi collected by the Mum...
23 Oct, 2016, 08.00 PM IST
Maharashtra doing the math to come out with GST rate“We will put our point that drugs of cancer drugs used in dialysis and other important life saving drugs should also be exempt from the GST...
01 Sep, 2016, 04.55 AM IST