New Delhi: The government has decided to issue all the pending income tax refunds up to Rs 5 lakh, immediately as part of its efforts to provide relief to the business …
IT Dept directed to release tax refunds up to Rs 5 lakhs immediately Read More
New Delhi: The Ministry of Finance has extended the deadlines for filing returns of goods and services tax (GST) in view of the coronavirus crisis and difficulties faced by taxpayers in …
COVID-19: Deadlines for filing GST returns extended Read More New Delhi,The CGST Delhi North Commissionerate has arrested one person who received fake/goods-less invoices valued at Rs 71.22 crore involving fraudulent input tax credit (ITC) of Rs 12.82 crore from …
CGST Delhi detects fraud worth over Rs 12 cr, 1 held Read More
New Delhi, The Central government released Rs 19,950 crore as GST compensation cess to the states/UTs on last Monday, officials said. With this amount, the Central government has released a …
Govt releases Rs 19,950 crore GST compensation to states Read More
New Delhi: The government has junked the much-hyped Direct Tax Code (DTC), a reform initiative to overhaul the direct tax system on the lines of GST, for now as it has …
Much-hyped Direct Tax Code in cold storage for now Read More New Delhi: The government has discovered a new revenue stream to make up for the shortfall in GST collection and is looking to collect Rs 46,000 crore as interest on late …
Centre to raise Rs 46K cr as late GST payment interest Read More
Kolkata, The Centre has informally proposed to the GST Council that rationalisation of rates be done once in a year and not every three months, as the present system was …
Centre informally proposed GST rate rejig once a year: FM Read More
New Delhi: With government going all-out to plug GST loopholes to contain evasion and bolster collections, taxpayers are frequently receiving notices and advisories for a range of issues including sudden spike …
GST taxpayers flooded with notices, advisories Read More
Chennai: Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards …
Govt plugging loopholes in GST with data analytics: FM Read More
New Delhi: The Economic Survey on Friday pinned its hope on uptick in growth of cumulative GST collections in October 2019 and November-December to contain fiscal deficit at the budgeted 3.3 …
Survey pins hope on GST revenue to rein in fiscal deficit Read More