Finance Bill, 2022 passed in Lok Sabha
The Lok Sabha on March 25 passed the Finance Bill 2022, which gives effect to new taxation, thus completing the…
Category: Media
GST outreach for trade and industry sectors
The Puducherry CGST & Central Excise Commissionerate on Tuesday began the first of a series of trade facilitation meetings with…
CBDT issued refunds from April 01, 2021 to March 20, 2022
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (“CBDT”) has issued refunds of…
Singapore Jeweller fined for conspiring with 5 Indian tourists to cheat on GST: Report
A jewellery firm director was fined SGD104,400 on Wednesday for conspiring with five Indian tourists to unlawfully obtain goods and…
Gujarat HC summons GST officer over detention of tax consultant
The Gujarat high court on Wednesday ordered an officer of the Goods and Service Tax (GST) to remain present in…
Maharashtra Budget proposes GST amnesty scheme, stamp duty cuts, VAT waiver for natural gas
Maharashtra Deputy Chief Minister Ajit Pawar on Friday presented a budget while announcing an amnesty scheme for Goods and Services…
FM Nirmala Sitharaman pulls up CBDT, CBIC on tax woes
Finance minister Nirmala Sitharaman on Monday pulled up the CBDT (Central Board of Direct Taxes) and CBIC (Central Board of…
People see future in crypto, govt sees source of tax revenue: FM Sitharaman
Finance Minister Nirmala Sitharaman said Tuesday she sees possibility of tax revenue generation for the government from crypto assets, days…
GST Council may consider proposal to raise lowest slab to 8%, rationalise tax slabs
The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from…
Karnataka CM asks Centre to extend GST compensation period
Chief Minister of Karnataka Basavaraj Bommai on Friday said the estimated revenue deficit of Rs 14,699 crore in 2022-23 can…