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DGGI uncovers 1,700 fraudulent ITC cases worth Rs 18,000 cr in FY 2023-24
Updated : 2 years, 3 months ago IST
The Directorate General of GST Intelligence (DGGI) has unveiled 1,700 fake Input Tax Credit (ITC) cases involving a sum of Rs. 18,000 crore in the current financial year up to December 2023.
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Full budget to look at any change in customs duty, Rs 1.83 lakh crore aver
Updated : 2 years, 3 months ago IST
Emphasising "certainty and stability" in the tax structure, Revenue Secretary Sanjay Malhotra has said that any change in customs duty can be looked at in the full budget to be presented after the Lok Sabha polls and that the government is aiming Rs 1.83 lakh crore GST collection per mont
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GST collection in Jan 2024 registers second highest monthly revenue
Updated : 2 years, 4 months ago IST
The Goods and Services Tax (GST) collection for January 2024 has recorded the second-highest monthly collection ever, according to the Ministry of Finance.
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GST on health insurance must be reduced in Budget 2024, Niva Bupa Health I
Updated : 2 years, 4 months ago IST
Lowering the Goods and Services Tax (GST) rate on health insurance products and incentivize more and more people to buy them are some of the key expectations of the insurance sector for the upcoming interim budget in 2024.
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EaseMyTrip CEO Nishant Pitti anticipates tourism boost in Union Budget 202
Updated : 2 years, 4 months ago IST
He said, "In expectation of the Union Budget 2024, we earnestly expect crucial reforms to strengthen and revitalize the tourism sector. We expect the Government to allow GST input on holiday businesses, a strategic reduction in income tax to catalyze growth in the country's tourism indust
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Anticipation builds as India's interim budget 2024 focuses on growth, sust
Updated : 2 years, 4 months ago IST
While projecting a commitment to growth, the budget is likely to introduce targeted measures to stimulate demand, especially in rural and urban areas.
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Interim Budget: Apparel industry seeks uniformity in GST across value chai
Updated : 2 years, 4 months ago IST
In its submission to the central government, it requested a uniform GST of 5 per cent across the entire man-made fibres (MMF) value chain, which largely comprises fibre, yarn and fabric.
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FIR lodged against Rahul Gandhi, Congress leaders for assault on governmen
Updated : 2 years, 4 months ago IST
The charges included disobedience to the legal order of public servants, violation of permission conditions, and obstruction to government servants while discharging their lawful duties.
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"BJP have planned to destroy our language, culture...," Tamil Nadu CM MK S
Updated : 2 years, 4 months ago IST
Lashing out at the Bharatiya Janata Party (BJP) and AIADMK, Tamil Nadu Chief Minister MK Stalin on Sunday said Edappadi Palaniswami thinks that the people have forgotten all the destructive work of AIADMK, which has ruined Tamil Nadu in every way for ten years adding that our duty is to s
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GS Marketing hits a mega-success with its 250th Fair held at Science, Kolk
Updated : 2 years, 4 months ago IST
Kolkata (West Bengal) [India], January 15: Every year, the advent of Winter in Kolkata heralds the coming of a fabulous Trade & shopping festival after the Durga Puja. The 22nd Edition of the India International Mega Trade Fair (IIMTF) began on 15th December, 2023 and concluded on 1st Ja
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Gujarat unveils "Viksit Gujarat@2047" vision document at Vibrant Gujarat G
Updated : 2 years, 4 months ago IST
The ambitious goals set for "Viksit Gujarat@2047" include achieving a Gross State Domestic Product (GSDP) of USD 3.5 trillion, elevating the per capita annual income to USD 38,000 to USD 40,000, and aiming for net zero emissions by 2047.
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29,273 bogus firms involved in suspected GST ITC evasion, 121 arrested: Fi
Updated : 2 years, 4 months ago IST
A total of 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore have been detected since mid-May 2023, an official statement issued by the Finance Ministry said on Sunday.
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