By: Admin|August 08, 2024|Categories: GST Recent News Telangana has recently reported a modest growth of only 7% in Goods and Services Tax (GST) revenues for July 2024, significantly lower than…
Pune CGST Commissionerate Busts Fake Invoice and ITC Trading Racket
By: Admin|August 08, 2024|Categories: GST Law|Press Release Introduction In a significant move to combat tax evasion and fraudulent activities, the officers of Anti-Evasion, Pune-II, under the CGST Commissionerate of Pune…
FM Sitharaman to Discuss Removal of 18% GST on Life and Health Insurance with GST Council
By: Admin|August 08, 2024|Categories: GST Recent News Introduction In a recent discussion regarding the amendments to the Finance Bill 2024, Finance Minister Nirmala Sitharaman tackled the contentious issue of the…
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…
Binance Gets Rs 722 Crore GST from DGGI: World’s Largest Crypto Exchange Update
By: Admin|August 07, 2024|Categories: GST Recent News Introduction In a groundbreaking move, the Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) has issued a show cause notice…
BCCI GST Payment: Rs 2,038 Crore in FY23 and FY24
By: Admin|August 07, 2024|Categories: GST Recent News Introduction Recently, in a notification to Parliament, Minister of State for Finance Pankaj Chaudhary disclosed significant financial details regarding the Board of Control…
Report: Govt Unlikely to Relax Rs 32,000-Crore Tax Demand on Infosys
By: Admin|August 07, 2024|Categories: GST Recent News Introduction Recent developments have brought Infosys Ltd into the spotlight as it faces a substantial tax demand from the Indian government. According to…
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)…
Maharashtra Traders to Protest Regulatory Tax and GST by Closing Markets on August 27
By: Admin|August 06, 2024|Categories: GST Recent News In a significant move aimed at voicing their concerns over the imposition of regulatory tax by Market Committees and the complexities of the…
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…