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A State Bank of India (SBI) manager’s Form 16 showing an annual gross salary of ₹35.24 lakh has gone viral on social media, prompting a debate over how salaries in public sector banks are perceived and the difference between gross income and actual take-home pay.
Tamil Nadu’s Commercial Taxes Department will begin offering virtual personal hearings and randomised allocation of GST refund claims from July 9, in a bid to ease compliance for the state’s 12.4 lakh registered GST taxpayers, the department said.
A 31-year-old hardware shop owner was left shocked after Goods and Services Tax (GST) officials visited his store and informed him that he owed ₹1.4 crore in unpaid taxes on transactions worth ₹7 crore.
There is a growing concern in Indian industry about the opacity in the imposition of Anti-dumping duty (ADD).
ED has conducted searches at 20 locations across Assam, Mizoram, West Bengal and Uttar Pradesh in connection with an alleged organised syndicate involved in smuggling foreign-origin areca nuts
Consequent to a bunching of cases on the issue of whether the Tribunal has the jurisdiction to condone delays beyond the limit prescribed ..
Gujarat High Court dismissed a petition by an income tax informant seeking a higher reward after his inputs helped the department detect tax evasion by the Ahmedabad-based Sheladiya Group and recover Rs 8.12 crore.
CM Nayab Singh Saini, addressing the national conference for chartered accountant (CA) students at “Pragyaan 2026”, in Panchkula on Saturday said the country is witnessing record GST collections every month, reflecting its growing economic strength, and credited CAs for playing a significant role in strengthening the tax system.
The Delhi government has asked the NIPFP, a public policy think tank, to review its tax administration and revenue system to identify tax leakages, strengthen compliance, and develop a roadmap to boost revenue collection
As the goods and services tax turns 10, it is becoming evident that reforms have broadened the tax base, increased compliance and raised the revenue bar.