By: AdminJune 17, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department has released ITR 3 validation rules for the Assessment Year 2024-25 Version 1.0 dated June 10,…
Rs 1K Cr GST Bogus Billing Racket Busted In City
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read CID crime on Thursday busted a major GST bogus billing racket, running into Rs 1,000 crore. Based on the input, teams…
Govt of Bihar to offer 25-30% capital subsidy and 80% GST reimbursement to investors’: Secretary, Tourism
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read Abhay Kumar Singh, Secretary Tourism, Government of Bihar, said, “We introduced the policy three to four months ago and have finalised…
Coalition dynamics could reflect on GST council meet
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read The next GST Council meeting, to be held on June 22, will be a crucial one. Coming after a gap of…
CII President Suggests Streamlining GST to Three Tiers with Reduced Rates
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read The Confederation of Indian Industries (CII) has proposed a simplified Goods and Services Tax (GST) structure with three rates ahead of…
Karnataka GST Dept Forms Committee to Recommend Candidates for Technical Member Posts in GSTAT, Bengaluru
By: AdminJune 17, 2024Categories: State GST Notification and Circular4 Min Read The Karnataka GST Department vide Notification No. FD 76 CSL 2023 dated June 15, 2024 constitutes the Search-cum-Selection Committee…
Confederation of West Bengal Trade Associations seeks amnesty scheme for GST disputes
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read Traders’ association the Confederation of West Bengal Trade Associations has written to revenue secretary Sanjay Malhotra seeking an amnesty scheme for…
GST dept unearths tax evasion in Ayurvedic spas
By: AdminJune 15, 2024Categories: GST Recent News4 Min Read The State Goods and Service Tax (GST) department has detected tax evasion by Ayurvedic spas operating in Idukki district. Preliminary inspections…
NDA 3.0: Coalition government unlikely to impact GST reforms, power of tax officers may be reviewed, experts say
By: AdminJune 15, 2024Categories: GST Recent News4 Min Read Ahead of the Goods and Services Tax (GST) Council’s meeting on June 22, legal experts who spoke with Moneycontrol said that…
Restriction on Unfair GST Demand Recovery: GST Officials Now Require Higher Authority Approval for Actions Within 3 Months of Demand
By: AdminJune 15, 2024Categories: GST Recent News4 Min Read If you receive a GST demand order, you have two options: either file an appeal or pay the demanded amount. However,…