DGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...

The Enforcement Directorate has summoned Rishi Raj Singh, a director at political consultancy firm I-PAC. This action is part of an ongoing...

The Enforcement Directorate has summoned relatives of I-PAC's Bengal chief for questioning. This follows the arrest of Vinesh Chandel, a di...

Amidst rising online fraud, the RBI proposes enhanced digital payment security. Key measures include a one-hour wait for new payees and hig...

The Central Board of Direct Taxes has uncovered significant misuse of tax deductions for political and charitable donations. A campaign has...

The Andhra Pradesh liquor scam investigation has widened, with the ED uncovering evidence suggesting the involvement of absconders in Dubai...

Penny stocks: The income tax department can now file appeal in tribunals and court if you are found to be using penny stocks or accommodati...

As per the Commissionerate of CT&GST, Odisha, 12 teams consisting of 48 officers of the State GST Enforcement Wing (assisted by 35 Police o...

"The evidences clearly indicate evasion of taxable income by adopting various modus-operandi such as suppression of production, use of bogu...

The tax department also accused Sood of violating the Foreign Contribution Regulation Act while raising donations from abroad.

With the arrest of six persons, including the kingpin, Delhi Police's Cyber Crime Unit (CyPAD) has busted a GST refund scam involving fake ...

The raids to unearth the large tax evasion nexus were conducted in the first week of this month on 42 premises in Delhi, Mumbai, Hyderabad,...

Other documents seized during the raids are claimed to have revealed tax evasion of over Rs 120 crore, so far, according to the sources.

Investigators have discovered that in many instances Choksi brought money from overseas into the account of his company, Gitanjali Gems.

In June this year, the Mumbai IT tribunal had observed that "if payment is by cheque and delivery of shares is taken, then long-term capita...

"If payment is by cheque and delivery of shares is taken, then long-term capital gains tax cannot be treated as bogus," the tribunal said.

Commissioner (Trade & Tax) Yadav maintained that the raids will continue and the action against such bogus traders would be further intensi...