News & Update
October 17, 2019
On Wednesday, tax officials of the Directorate General of GST Intelligence (DGGI), Visakhapatnam have arrested a 45-year old managing director of a company. Subramaniam Ashok Kumar, […]
October 16, 2019
Revenue Secretary Ajay Bhushan Pandey has said that the government is in the right direction to meet its tax targets, in spite of the significant corporate […]
October 15, 2019
The government has introduced limitations on the availability of input tax credit (ITC) by GST assesses, if the details have not been provided by the supplier. […]
October 14, 2019
A high-level committee set up by the GST Council to suggest measures to boost GST revenue collection will hold its first meeting on Tuesday. The 12-member […]
October 11, 2019
On Thursday, amidst the failing Goods and Services Tax (GST) revenues, the GST Council Secretariat set up a panel of Central and State tax officers to […]
October 10, 2019
In the current financial year, the overall monthly collections under the Goods and Services Tax (GST) are showing a weak trend due to the slowdown. In […]
October 9, 2019
On Monday, the income tax department launched a faceless e-assessment scheme that eliminates the physical interface between an assessing officer and a taxpayer. Considered as a […]
October 7, 2019
On Friday, two people were arrested for issuing fake Goods and Services Tax (GST) invoices of worth ₹700 Crore to companies to claim input credit. According […]
October 4, 2019
Starting from 1st April 2020, one in five Goods and Services Tax (GST) payers will simply need to send an SMS (short message service) to file […]
October 3, 2019
The Goods and Services Tax (GST) collection in September has dropped to a 19-month low at ₹91,916 Crore, according to the data released by the government […]
September 30, 2019
Starting next month, the National Anti-Profiteering Authority (NAA) for goods and services tax is likely to deliver orders in around 60 profiteering cases against realtors. These […]
September 27, 2019
GST Network, which provides IT infrastructure and services to the indirect tax system, has unveiled the online refund process as directed by the GST Council. In […]
September 26, 2019
In a major crackdown led by the Directorate General of GST Intelligence (DGGI) has found agencies selling premium automobile brands like BMW and Jaguar’s cars, and […]
September 25, 2019
The Directorate General of GST Intelligence (DGGI) based in Ahmedabad zonal unit has detected a fake invoice scam of over ₹1000 Crore involving multiple units at […]
September 24, 2019
Goods and Services Tax (GST) Council in its 37th Meeting held in Goa announced a reduction in the tax rate for hotel room tariffs. On Monday, […]
September 23, 2019
The government is expecting to fall short of around ₹ 40,000 Crore in the Goods and Services Tax (GST) collections over what has been a budgetary […]
September 20, 2019
The slow growth in the net direct tax collections so far in this fiscal may limit the government from providing a fiscal stimulus to the failing […]
September 19, 2019
In an effort to pursue businesses to pay their taxes on time and to boost revenue collection, the government might levy different interest rates on taxpayers […]
September 18, 2019
A case of cheating and forgery has been registered by Central Business District (CBD) police against a trader, who used forged documents to register a fake […]
September 17, 2019
In the upcoming meeting, the GST council is likely to discuss the possibility of separate due dates for large and small taxpayers, under the new simplified […]
