Stay updated
Global trade is entering a decisive phase for India. The conclusion of the India-EU Free Trade Agreement, the relaunch of negotiations with the Gulf Cooperation Council (GCC), and interim arrangements with key partners such as the US together signal a sharp acceleration in India’s integration with major global markets.
The government is considering more intense technology-based advance risk profiling to pre-empt input tax credit (ITC) frauds and block suspected claims until they pass through scrutiny as Goods and Services Tax (GST) evasion worth over Rs.4 lakh crore has been detected…
The State government is moving towards the use of data analytics in tax collection in the State. The objective is to make tax collection and payments more transparent and “dealer-friendly”. A data analytics cell in the Commercial Taxes Department would…