Stay informed with the most recent developments in GST compliance and fraud prevention. 📌 Gujarat SGST Department Detects Rs 3.53 Crore Tax EvasionThe Gujarat State GST Department has identified tax…
Invoice Management System (IMS): Transforming GST Compliance
The Goods and Services Tax Network (GSTN) launched the Invoice Management System (IMS) to simplify invoice reconciliation and improve transparency in Input Tax Credit (ITC) claims. Effective from October 1st,…
MATEXTIL Calls on Government to Address Inverted GST Structure
By: AdminJuly 26, 2024Categories: GST Recent News4 Min Read The Man-Made and Technical Textiles Export Promotion Council (MATEXTIL) has expressed optimism regarding the recent proposals announced in the Budget, anticipating…
Union Budget 2024-25: Key Highlights of Proposed Changes in Income Tax Law for Easy Digest
By: AdminJuly 23, 2024Categories: budget 2024-254 Min Read Proposed Changes in Income Tax Law: Union Budget 2024-25 Highlights India's economic growth is accelerating, accompanied by an increase in financial transactions…
Union Budget 2024-25: Key Highlights of Proposed GST Changes for Easy Digest
By: AdminJuly 23, 2024Categories: budget 2024-254 Min Read Understanding the Finance (No.2) Bill, 2024: Proposed Changes in GST Acts The Finance (No.2) Bill, 2024, introduced significant amendments aimed at refining…
Telangana GST Compliance Soars to 82%: Commercial Taxes Officer Reveals
By: Admin July 20, 2024 Categories: GST Recent News Enhancing GST Compliance: Telangana Aims for 90% by Month End In a significant stride towards bolstering Goods and Services Tax (GST)…
Budget Expectation: Electric Vehicle Sector Demands Hike in Subsidy, GST Reduction
As the Union Budget approaches, India's electric vehicle (EV) industry is advocating for substantial support to enhance the sector's growth and sustainability. Key demands include increased subsidies, reduced GST on…
GST Compliance in Telangana Improved to 82%: Commercial Taxes Officer
By: Admin | July 20, 2024 | Categories: GST Recent News The Goods and Services Tax (GST) compliance in Telangana has significantly improved, rising from 68% to 82% over the…
Over 20K Taxpayers Still Evade GST, Says Commercial Tax Department
By: Admin | July 20, 2024 | Categories: GST Recent News Despite being six years into the GST regime, data from the Commercial Taxes Department indicates ongoing non-compliance among taxpayers.…
Nazara Technologies Faces Rs 1,120 Crore GST Liability Notices; Subsidiaries Plunge 5%
By: AdminJuly 19, 2024Categories: GST Recent News4 Min Read Nazara Technologies Subsidiaries Face Rs 1,120 Crore GST Liability Notices, Shares Plummet 5% Shares of Nazara Technologies witnessed a sharp decline…