Tuesday, May 21, 2024
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GST NEWS

HUL, Colgate among Nomura’s top picks in case of GST slab rejig

GST Council will consider the proposal of merging 12% into 18% slab rate in next Council meeting. According to Analysts GST rate reduction will...

Traders force govt to negotiating table on GST simplification

Traders’ leaders had a meeting with finance secretary Ajay Bhushan Pandey and chairman of Centra Board of Direct Taxes (CBDT) PC Mody. CAIT had a...

GST officers arrest 4 in 3 different cases of ITC fraud of ₹178 crore

The Finance Ministry had arrested four persons in different cases of fraud claim of input tax credit. "The officers of Central Goods and Services...

Traders’ body to release white paper on state of GST regime

Due to raising concerns in GST tax regime, traders’ association has called for a traders' strike on February 26. CAIT has called it a...

GST raid yields Rs 80 lakh, illegal documents

Ludhiana GST Department had seized  Rs80 lakh and a bunch of incriminating documents, including multiple bills, receipts and cheque books. The firm was engaged...

GST officers to immediately suspend taxpayer’s registration for ‘significant anomalies’ in sales return

To curb tax evasion, GST officers will now suspend registrations of those taxpayers whose returns are not properly filed. CBIC has issued a standard...

National Pension System: Lesser-known income tax, GST benefit that NPS scheme beneficiaries must know

NPS helps not only in reducing the taxable income but also to lead a food life post retirement. SEBI registered tax and investment expert...

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