By: AdminMay 06, 2024Categories: MSME|News4 Min Read The Supreme Court (SC) on Monday (May 6) refused to hear a plea filed by Micro and Small Enterprises (MSEs) challenging the 45-day…
Centre may push for 12% GST for health insurance; lower rate seen to widen cover
By: AdminMay 06, 2024Categories: GST Recent News4 Min Read To make health insurance more affordable and attractive, the Centre may push for a lower GST tax rate to 12%, compared…
FM Nirmala Sitharaman Dismisses Reports Of Income Tax Tweaks That Triggered 1,100 Sensex Plunge
By: AdminMay 04, 2024Categories: Income Tax|Income Tax News4 Min Read Finance Minister Nirmala Sitharaman addressed concerns on Friday regarding speculative reports of impending income tax changes that led to a…
CBI arrests senior income tax official for taking Rs 4 lakh bribe in Mumbai
By: AdminMay 04, 2024Categories: Income Tax|Income Tax News4 Min Read The Central Bureau of Investigation (CBI) has arrested a senior official of the Income Tax (IT) department from Mumbai for…
Broaden GST net, cut cesses to reduce tax burden
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Goods and services tax collection crossed the landmark of Rs 2.1 lakh crore for the first time in April. Truth be…
Police arrests five Telangana GST officials for Rs 46 crore refund fraud
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Hyderabad police have arrested five GST officials in seven cases of GST refund fraud involving about Rs 46 crore. Hyderabad Central…
At 6.1% of GDP, GST revenue for FY24 still not above pre-GST level after 7 years, says former CEA Arvind Subramanian
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read After India's goods and services tax (GST) collections touched record high-mark at ₹2.10 lakh crore in April 2024, Arvind Subramanian, former…
India’s services exports decline marginally in March to $30 billion
By: AdminMay 04, 2024Categories: export import|News4 Min Read India's services exports declined 1.3 per cent in March to $30 billion while imports fell by 2.1 per cent to $16.61 billion,…
Aurobindo Pharma gets tax demand of ₹13 crore, including interest and penalties
By: AdminMay 04, 2024Categories: Income Tax|Income Tax News4 Min Read Aurobindo Pharma Ltd. said on Friday it has received a tax demand of over ₹13 crore, including interest and penalty,…
Not only inflation, many factors behind rise in GST
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read As the monthly GST collections surged past `2 lakh crore in April, the debate is over the reason for buoyancy seen…