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4 mins read
Budget 2023-24: Suspension of regulatory levies, removal of duty on imported equipment are telecom sector's key asks
Telecom industry lobby Cellular Operators Association of India (COAI) has come up with a wishlist f…
1 min read
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
Central Board of Indirect Taxes and Customs (CBIC) had on August 1 issued a notification regar…
2 mins read
Go after big smugglers sending 'mountains' of illegal drugs into the country: FM to enforcement agencies
"DRI should make sure that smugglers are not smarter than you. Each one of these (smuggling) c…
ANI
1 min read
Gems, jewellery exports can now be couriered globally
Gems and jewellery exporters have been permitted to send their goods across the globe to their buye…
1 min read
Covid-19: Businesses can claim GST refund for cancellation of services, goods contract
Clarifying on the issue of advance received by a supplier and invoice generated for a service cont…
PTI
1 min read
Interest on delayed GST payment will now be calculated on net tax liability
Amid worry in the industry regarding CBIC's recent directive to field formations to begin recovery…
PTI
1 min read
Customs dept starts capturing district level data of goods exports
"This additional information from the export declarations will provide a key statistical input to …
PTI
1 min read
India approves projects worth ₹7,725 crore under the National Industrial Corridor Programme
"The proposals have a total estimated cost of Rs 7,725 crore and an estimated employment genera…
PTI
1 min read
Use technology to improve efficiency, transparency in public finance: Thakur
New Delhi, Jan 27 () Minister of State for Finance Anurag Singh Thakur on Monday emphasised the nee…
PTI
1 min read
Automated clearance of goods at two customs locations from Feb 6
New Delhi, Jan 28 () The customs department will begin on pilot basis automated clearance of import…
PTI
2 mins read
FM asks GST officers to proactively address issues faced by biz, simplify tax administration
Sitharaman also said the COVID-19 pandemic has led to some disruptions in economic activities in t…
PTI
2 mins read
FM holds meeting on GST simplification; similar meetings across country on Dec 7
New Delhi, Nov 16 () Finance Minister Nirmala Sitharaman on Saturday held meeting with chartered ac…
PTI
2 mins read
Tax fraud: 1,377 exporters who claimed ₹1,875 crore IGST refund 'untraceable'
Government crackdown on tax defaulters has revealed shocking data as a total of 1,377 exporters who…
1 min read
GST authorities unearth racket involving Rs 140 cr tax fraud
New Delhi, Nov 26 () GST authorities have unearthed a tax racket and arrested one person for allege…
PTI
1 min read
GST Stakeholder Feedback Diwas observed across country
New Delhi, Dec 7 () The central and state authorities on Saturday organised GST Stakeholder Feedbac…
PTI
1 min read
51 absconders who left country defrauded over Rs 17,900-cr; CBI probing: Govt
New Delhi, Dec 3 () A total amount of Rs 17,900 crore was defrauded by 51 absconders, who have run …
PTI
1 min read
Revenue Secy asks tax officials to put special effort to check evasion, meet target
New Delhi, Jan 3 () Revenue Secretary Ajay Bhushan Pandey on Friday held a meeting with senior tax …
PTI
2 mins read
Enhanced GST revenue collections should now be 'new normal', says Finance Minister Nirmala Sitharaman
She said for eight months in a row, GST revenues have crossed ₹1 lakh crore mark and we have s…
PTI
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
2 mins read
No extension beyond Dec 31 for Sabka Vishwas Scheme
New Delhi, Dec 16 () The finance ministry is unlikely to extend the last date for 'Sabka Vishwas Sc…