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Central GST officers in Karnataka detected tax evasion of Rs 39,577 crore in 2024-25 fiscal year, an over 5-fold jump from the year-ago period, Parliament was informed on Monday.
The smuggling of low-priced liquor from Goa to Karnataka has been impacting excise revenue. In August, Karnataka government lowered excise…
In a firm warning to government officials, Karnataka Chief Minister Siddaramaiah stated that those who fail to meet the commercial tax collection targets will be held accountable. During a review meeting held to assess the progress of tax collections, Siddaramaiah emphasised that it is critical for tax collections to remain on track, underscoring the importance of meeting financial goals for the state’s development.
Terming Goods and Services Tax (GST) an important milestone in the history of India’s tax regime, Assistant Commissioner of Commercial…
Amidst a tightrope walk for the government that is implementing guarantee schemes, Karnataka is set to miss its revenue target…