By: Admin|Date: August 11, 2024|Categories: 7 Years of GST Introduction On July 1, 2017, India witnessed a historic shift in its tax system with the introduction of the Goods and…
GST Refund Scam: Gujarat Businessman Arrested, Received ₹39.1 Crore
By: Admin| August 10, 2024 |Categories: GST Recent News The Anti-Corruption Bureau (ACB) is investigating a major scam involving GST refunds of Rs 175 crores. This case has revealed a…
Assam Cabinet Approves Solutions for Small Traders’ GST Issues Within Three Months
By: Admin| August 10, 2024 |Categories: State GST Notification and Circular Background: Challenges Faced by Small Traders Small traders in Assam face significant GST compliance issues. Since GST's implementation, traders…
Health and Life Insurance Premiums: GST Reduction Expected, Says Report
By: Admin|August 09, 2024|Categories: GST Recent News What You Need to Know On August 8, CNBC-Awaaz reported that the Goods and Services Tax (GST) on health and life insurance premiums…
GSTN releases a statistical report on the completion of 7 Years of GST
By: Admin|August 07, 2024|Categories: GST Law|GSTN Report|Important News The Goods and Services Tax Network (“GSTN”) has released a statistical report on the completion of 7years of GST. Contents of the…
Debate Ignites Over Gadkari’s GST Letter to Nirmala Sitharaman: Insurance Tax and Rate Rationalization
By: Admin|August 06, 2024|Categories: GST Recent News Nitin Gadkari, India’s Union Minister for Road Transport and Highways, has recently ignited a fresh debate regarding the Goods and Services Tax (GST)…
CAG Urges Telangana Commercial Taxes Department to Act on Show Cause Notices for Tax Shortfalls
By: Admin|August 06, 2024|Categories: GST Recent News Enhancing Compliance in Telangana's Commercial Taxes Department: Insights from the CAG Report 2021-22 The Comptroller and Auditor General (CAG) of India has recently…
GST Council Considers Revamping Tax Regime and Phasing Out Compensation Cess
By: Admin|August 06, 2024|Categories: GST Recent News The upcoming GST Council meeting, scheduled for later this month, is poised to address significant changes in the Goods and Services Tax (GST)…
Government’s Commitment to Fairness and Simplicity in the Tax System, Says Revenue Secretary
By: Admin|August 05, 2024|Categories: Income Tax News|News On Saturday, Revenue Secretary Sanjay Malhotra reaffirmed the government’s commitment to establishing a fair, simple, and equitable tax system. During a post-budget interactive…
Gross Tax Revenue Surges 24%, Significantly Exceeds Budget Projections
By: AdminAugust 02, 2024Categories: TAX News The Indian government's fiscal performance for the first quarter of FY25 reveals significant growth in gross tax revenue (GTR), with figures reaching *Rs 8.31…