By: AdminApril 22, 2024Categories: Income Tax|Press Release4 Min Read The provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58…
Mumbai Couple Arrested in Rs 6.4 Crore GST Fraud; Remanded to Judicial Custody
By: AdminApril 22, 2024Categories: GST Recent News4 Min Read In Mumbai, the State Cell Department's GST division apprehended a duo from Khalapur, Raigad, over an alleged scam amounting to Rs…
GST Dispute Leads to Suspension of Mustard Crop Procurement in Haryana’s Charkhi Dadri District
By: AdminApril 22, 2024Categories: GST Recent News4 Min Read The imposition of the Goods and Services Tax (GST) on the purchase of the mustard crop by commission agents, known as…
Income Tax Department sets up control room for cash transactions
By: AdminApril 22, 2024Categories: Income Tax|Income Tax News4 Min Read The Pune income tax department has set up a special control room for Pune and other districts of Pune division…
Penalty of Rs 3.48 crore imposed on Vedanta for tax evasion
By: AdminApril 22, 2024Categories: GST Recent News4 Min Read penalty worth Rs 3.48 crore has been imposed on mining company Vedanta in a case pertaining to input tax credit during…
CJI says safeguards in new criminal laws will protect rights of citizens
By: AdminApril 20, 2024Categories: News4 Min Read In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable…
Zomato gets ₹11.82 crore tax demand notice
By: AdminApril 20, 2024Categories: GST Recent News4 Min Read Online food delivery platform Zomato has received a tax demand and penalty order of ₹11.82 crore related to GST on export…
IMF Ups India’s GDP Growth Forecast To 6.8 pc For 2024-25: IMF
By: AdminApril 20, 2024Categories: INDIA GDP NEWS4 Min Read In an optimistic turn for India's financial landscape, the International Monetary Fund (IMF) has recently updated its economic forecast for the…
Govt kicks off direct tax code revision
By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read The Narendra Modi government, if voted back to power, will implement the long-delayed Direct Taxes Code (DTC) on a priority basis,…
RBI imposes Rs 10-lakh monetary penalty on NABFINS citing non-compliance
By: AdminApril 20, 2024Categories: News|RBI4 Min Read The Reserve Bank of India (RBI) on April 15 imposed a monetary penalty of Rs 10 lakh on NABFINS Limited, a subsidiary of…