GST NEWS
States’ GST revenue shortfall to be lower due to better collections in last months: Finance Secy
Finance Secretary Ajay Bhushan Pandey said taxing interest on employee contributions to provident fund over Rs 2.5 lakh per annum is based on ‘principles of equity’. This...
GST NEWS
Budget 2021: Key Changes In GST To Help Small And Medium-Sized Businesses
Certain key changes were announced in GST Act to help small and medium taxpayers. Business entities with turnover up to Rs.5Crore are not required...
GST NEWS
GST fraud worth ₹350 crore detected, one arrested
The GST and Central Excise Department, Chennai North arrested old man from Kodungaiyur for allegedly committing GST fraud. it is alleged that he had...
GST NEWS
Centre may bring natural gas within the GST ambit
Two officials from Union Government has said that Centre might bring natural gas within GST ambit. The ministry of petroleum and natural gas (MoPNG)...
GST NEWS
GST tax credit probe: I-T conducts surveys at Zee and L&T offices
The income tax department has conducted surveys at premises of Zee Entertainment Enterprises Ltd and Larsen & Toubro (L&T) Ltd since an investigation was...
GST NEWS
Maharashtra businessman held in Rs 185 crore GST scam probe
Maharashtra GST Department has made another arrest after it has unearthed a massive GST tax evasion in November. The businessman Yogesh J Kanodia, was...
GST NEWS
Mastermind of ₹1 billion GST fraud held in Panipat
Anti-Evasion CGST had conducted a raid in Panipat and arrested mastermind behind the ₹105.36 crore fraud involving GST of ₹19.25 crore perpetrated through multiple...
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