GST, VAT to contribute over 62% to total receipts of Delhi govt in FY23
The GST and the VAT will be the biggest contributors to the Delhi government’s tax revenue which is estimated at…
Category: Media
Government says Rs.95.86 crore recovered from 11 Cryptocurrency Exchanges for GST Evasion
Government on Monday said Rs. 95.86 crore has been recovered from 11 cryptocurrency exchanges for evasion of Goods and Services…
High Inflation to delay tax overhaul: States want revenue cover, GST hikes
Even as a sticky inflation is bothering the government and the central bank, an impending revenue shock has prompted some…
GST rules changing from April 1, to impact lakhs of companies in India
Central Board of Indirect Taxes and Customs has said that businesses with turnover of over Rs 20 crore will have…
Serious allegations of availing fraudulent GST ITC in Electronic Credit Ledger: Madras HC refuses refund of amount
The Madras High Court bench of Justice C. Saravanan refused to grant a refund of the amount lying in the…
Cryptocurrency assets sold at a profit will be subject to a 30% tax from April 1, 2022
Cryptocurrency gains will be taxed at 30 per cent beginning April 1, 2022. It’s the highest tax bracket and the…
Cosmetics shop owner held for ‘evading’ Rs 10.64 crore GST duty
The State Goods and Services Tax (GST) department officials on Thursday arrested a cosmetic and beauty products shop owner for…
Centre releases Rs 6,000 cr to states as GST compensation
The Union Finance Ministry on Friday said it has released the 13th weekly instalment of Rs 6,000 crore to 23…
Data mining wing helps dept recover Rs.2,646 cr from tax evaders in 5 yrs
The Punjab excise and taxation department has recovered Rs.2,646.88 crore from tax evaders till February 2022 through the data mining…
CGST, Thane Rural Commissionerate arrests three persons in two cases related to fake availment and utilization of ITC
In one of the cases, two accused were arrested on the ground that they were found actively involved in the…