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FACELESS GST AUDIT
Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...- Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
- GST kills Gabbar Singh TaxThe Goods and Services Tax (GST) in India has been a transformative reform, simplifying taxation and boosting economic growth. Contrary to ...
- Budget 2025: Key reforms expected in the indirect tax ecosystemThe budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery credits.
- Engineering sector’s wishlist for Budget 2025: Liquidity, raw materials, and reformsFacing challenges in liquidity, raw material availability, regulations and sustainability, industry leaders are calling for critical reform...
- Budget 2025: Cut IT rates, hand out vouchers to drive consumption, urges CIIThe Confederation of Indian Industry (CII) recommends personal income tax cuts and excise duty reduction on fuel to enhance disposable inco...
- EEPC India bats for 'faceless' GST audit systemThe Engineering Export Promotion Council (EEPC) in India has proposed a faceless GST audit system to enhance ease of doing business. This s...
- EEPC India proposes faceless GST audit to empower MSME sectorEEPC India recommends the government to introduce faceless GST audits to help MSMEs reduce compliance costs and concentrate on growth. They...
- Most of top-level executives have positive perception of GST: Deloitte surveyA Deloitte survey shows growing confidence in India's GST among C-suite executives, with 84% perceiving it positively in 2024, up from 72% ...
- Union Budget 2024: Will FM Sitharaman address the complexities in India's tax system?Budget 2024: India's indirect tax landscape is in need of significant changes to promote economic growth and a more business-friendly envir...
- Several mergers and acquisitions on halt as India Inc checks tax liabilities amid increasing GST noticesSeveral mergers and acquisitions (M&As) are understood to have been delayed or put on the backburner as tax experts assist companies in fig...
- CBIC mulling organisational restructuring to make it more effective, do away with overlappingThe CBIC is mulling a comprehensive restructuring of the organisation to make it more effective and remove overlapping, if any, as many of ...
- GST 2.0: Is this the right time? And what kind of reforms do we need?As the GST collection turns robust — an outcome of widening tax base and plugging of leakages — this is the right time to usher in the next...
- Govt notifies procedural changes in GST rules, interest to be charged for wrongful credit availmentWith the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payme...
- GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBICNew Delhi, which raised the import duty on gold recently, is not looking at any further administrative measures immediately to clamp down i...
- Track and trace: Tech is powering GST administration and compliancesThe transition from a multi-tax ‘manual’ environment to a technology-driven, uniform and single GST framework has been an ambitious policy ...
- From scrapping retro tax law to record GST mop-up, 2021 a year of many firsts for revenue departmentWith tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country a...
- Faceless GST assessment being weighedThe move will be along the lines of the facility for assessment of income tax and customs and is expected to make adjudication and scrutiny...
- Ease of business in self-reliant India – Indirect tax budgetary changesIt would not be an exaggeration to term this budget as balanced and progressive insofar as it has aimed to cater to the interest of the dom...
- A simpler GST filing regime: Here are the proposed changesThe simplified GST filing system is expected to be approved by the Council in its next meeting. The changes were deliberated upon in its la...
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