By: AdminSeptember 16, 2024Categories: GST Recent News4 Min Read The Group of Ministers (GoM), responsible for revising the GST compensation cess framework, will likely be led by Union Minister of…
LIC Faces ₹230 Crore GST Penalties from Tamil Nadu and Telangana Authorities
On September 7, 2024, Life Insurance Corporation of India Ltd. (LIC) disclosed receiving substantial GST penalties totaling ₹230 crore from authorities in Telangana and Tamil Nadu. This development adds to…
DGGI Issues ₹220 Crore GST Notices to Seven Major Institutes
Overview of DGGI GST Notices Recently, the Directorate General of GST Intelligence (DGGI) issued GST show-cause notices totaling ₹220 crore. These notices were sent to seven prominent educational institutions in…
Supreme Court Allows States to Recover Past Tax Dues on Mineral Rights Post-2005
By: AdminDate: August 14, 2024Category: Tax NewsRead Time: 4 Minutes The Supreme Court of India has ruled that states now have the authority to recover past tax dues on mineral…
Maruti Suzuki India Gets Tax Demand of Rs 779.2 Cr from I-T Authorities
By: Admin | July 27, 2024 | Categories: Income Tax News Automaker Maruti Suzuki India Ltd (MSIL) announced on Friday that it has received a demand of Rs 779.2 crore,…