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…
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…
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…
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…
GST Officers Launch Door-to-Door Promotion of One-Time Settlement Scheme
By: Admin|August 05, 2024|Categories: GST Recent News In a significant move to recover outstanding VAT and CST dues, the State Tax department in Ludhiana has initiated a proactive door-to-door campaign…
Infosys GST Notice Cleared: DGGI Closes Rs 3,898 Crore Proceedings Against IT Firm
By: Admin|August 05, 2024|Categories: GST Recent News In a recent development, Infosys, one of India's leading IT services companies, announced significant updates regarding its tax-related proceedings with the Directorate General…
Inr 89 Lakh GST Demand: Travel Boutique Online Faces Penalties for Filing Discrepancies
By: AdminAugust 03, 2024Categories: GST Recent News Introduction B2B travel portal Travel Boutique Online (TBO Tek) has recently come under scrutiny following the issuance of a show cause notice by…
7.28 Crore ITRs Filed for AY 2024-25 by July 31, 2024: Key Insights
By: Admin|August 02, 2024|Categories: Important News|Income Tax|Press Release The Income Tax Department has reported a historic achievement, with over 7.28 crore Income Tax Returns (ITRs) filed for the Assessment Year…
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…
CBDT Chairman Indicates Government May Decriminalize TCS Filing Delays in Finance Bill
By: Admin|August 02, 2024|Categories: Income Tax News|News The Union Budget has introduced various tax simplification measures, aiming to alleviate the compliance burden on taxpayers. One of the key highlights is…