Karnataka withdraws GST notice to Infosys; Zomato’s profits soarHappy Friday! Karnataka tax authorities have rescinded the notice to Infosys alleging Rs 32,000 crore in unpaid IGST. This and more in toda...
02 Aug, 2024, 07.22 AM IST
FM Sitharaman asks GST officers to leverage tech to plug loopholes, better taxpayer servicesFinance Minister Nirmala Sitharaman urged GST officers to leverage technology, share best practices, and ensure seamless coordination acros...
04 Mar, 2024, 09.14 PM IST
Sitharaman to inaugurate conference of GST enforcement chiefs on MondayFinance Minister Nirmala Sitharaman will inaugurate a conference of enforcement chiefs of state and central GST officers to tackle tax evas...
03 Mar, 2024, 03.30 PM IST
Directorate General of GST Intelligence to have 1st digital forensic lab in GujaratThe Directorate General of GST Intelligence (DGGI) has established its first digital forensic lab in Ahmedabad, aimed at enhancing the dete...
01 Feb, 2024, 12.30 AM IST
GST collections surge to ₹1.72 lakh crore in January 2024, marking a 10.4% Y-o-Y growthGST Collections: India's Goods and Services Tax (GST) revenue has witnessed a notable upswing, reaching ₹1.72 lakh crore in January 2024, m...
31 Jan, 2024, 09.14 PM IST
GST officers detect Rs 1.36 lakh cr evasion in current fiscalThe Finance Ministry has revealed that GST Intelligence Officers have uncovered Rs 1.36 lakh crore in GST evasion during the current fiscal...
18 Oct, 2023, 10.32 PM IST
Income tax department starts scrutinising fake entries, fake invoices of companiesThe sudden spurt in investigations by the tax departments also comes at a time when the government is looking to increase its revenue amids...
21 Jan, 2021, 12.17 PM IST
FATF review of India's anti-money laundering & terror financing regime pushed to 2021 due to COVIDThe review of India's anti-money laundering and terrorist financing regime was scheduled for this year as part of a regular review cycle af...
26 Jul, 2020, 03.46 PM IST
India readies for its 2020 FATF reviewA high-level inter-ministerial coordination committee has raised concern about absence of effective regulatory mechanism for gems & jewelle...
28 Dec, 2019, 10.50 AM IST
Govt panel favours 2 GST slabs, rate rejig for some itemsThe panel suggested two slabs of 10% and 20%. Alternatively, some goods could be moved from the 18% slab back to 28%, the panel said in a p...
26 Dec, 2019, 10.53 AM IST
GST council extends tenure of anti-profiteering bodyThe 35th Council meeting was the first to be chaired by the new finance minister Nirmala Sitharaman.
22 Jun, 2019, 08.29 AM IST
GST likely to halt economy: Avendus Capital Alternate chief executive Andrew Holland"GST implementation has the real risk of again halting or having shock effects on the economy... these are the short-term challenges to the...
14 Feb, 2017, 08.32 PM IST
President for debate on simultaneous LS, Assembly pollsThe Government, he said, is also committed to combating terrorism and to ensure that perpetrators of such acts are brought to justice.
31 Jan, 2017, 02.26 PM IST
Proposed GST in India is of paramount importance: USUnderscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
08 Apr, 2016, 10.19 AM IST
Cabinet approves Bill to unearth black moneyThe Cabinet approved a new Bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for...
18 Mar, 2015, 03.16 AM IST
Budget 2012: Maintain tax stability in excise rates for cigarette/tobacco industry, says FICCIExcise Duty rates should be kept unchanged to leverage the tax efficiency of cigarettes by encouraging shifts from non-cigarette forms of c...
17 Feb, 2012, 04.41 PM IST
Budget 2012: Adopt sound parts of DTC & frame policies for smooth transition to GST this BudgetWhat should be the direction of tax policy in the coming budget,” Finance Minister Pranab Mukherjee quizzed the country's two top tax offic...
06 Feb, 2012, 11.35 AM IST