Search For "tax compliance"
Income Tax Department finds Rs 408 crore sales suppression in nationwide F
Updated : 4 days, 15 hours ago IST
The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within th
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Gross GST collections rise 6.2 pc to Rs 1.93 lakh crore in January 2026: S
Updated : 1 month, 1 week ago IST
The gross Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, registering a robust year-on-year growth of 6.2 per cent, according to government sources.
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Outreach program being held to increase compliance among people, says Utta
Updated : 3 months, 1 week ago IST
Aparna Karan, Principal Chief Commissioner of Income Tax, on Friday attended an outreach programme on 'Compliance Under the Income Tax Act and Taxpayers' Services' at the ONGC Auditorium, organised by the Principal Commissioner of Income Tax Office, Dehradun.
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New Income Tax Act likely to broaden tax base on simpler compliance
Updated : 3 months, 2 weeks ago IST
The new Income Tax Act is expected to expand India's tax base by making compliance simpler and more accessible for individuals, institutions and exempt entities, Debjyoti Das, Principal Chief Commissioner of Income Tax (Exemption) told ANI today.
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CBIC Chairman inaugurates 'GST & Customs Pavilion' at 44th India Internati
Updated : 3 months, 3 weeks ago IST
New Delhi [India], November 17: The CBIC stall at the IITF features helpdesks for onsite assistance, educational and awareness content, digital & interactive displays, public engagement and entertainment activities, magic shows, puppet shows, live quizzes, caricature artists, virtual reality
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Direct tax collections for FY 2025-26 register 7% growth as of November 10
Updated : 4 months ago IST
The provisional figures of Direct Tax collections up to 10th November, 2025 show that net collections stand at Rs 12.92 lakh crore, compared to Rs 12.08 lakh crore in the corresponding period of the preceding financial year, representing a growth of 7.00 per cent.
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ViewTrade International IFSC Pvt Ltd Becomes the First Global Broker to se
Updated : 4 months, 2 weeks ago IST
Gift City (Gujarat) [India], October 28: ViewTrade International IFSC Pvt Ltd, based in GIFT City India, has been granted the first-ever Global Access Provider (GAP) license issued by the International Financial Centres Authority (IFSCA). This milestone positions ViewTrade as a pioneer in e
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CBDT extends deadline for filing tax audit reports for AY 2025-26 to Octob
Updated : 5 months, 1 week ago IST
The CBDT clarified that the Income-tax e-filing portal is operating smoothly, with no technical issues.
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"Major next-generation reform": BJP's Praveen Khandelwal ahead of 56th mee
Updated : 5 months, 1 week ago IST
He also expected that the two-slab structure would simplify tax compliance and reduce the burden. The proposed GST structure includes two slabs: 5% and 18%. This aims to streamline the current four-slab system, which provides for rates of 5%, 12%, 18%, and 28%.
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The Future of Accounting Software: Trends for 2025 and Beyond
Updated : 7 months ago IST
New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors,
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145 % rise in taxpayers since GST rollout in Gujarat; number of taxpayers
Updated : 8 months, 1 week ago IST
According to an official release, in terms of registered taxpayers, Gujarat now ranks third in the country, reflecting its growing economic activity and exemplary tax compliance.
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MSA Launches Dedicated Advisory Desk for GCCs in India to Assist with Fina
Updated : 10 months, 1 week ago IST
Bangalore (Karnataka) [India], May 5: In a move aimed at strengthening financial and regulatory support for Global Capability Centres (GCCs) operating in India, Mukund Shiva & Associates (MSA), a leading Chartered Accountant firm based in Bangalore, has launched a Dedicated Advisory Desk
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