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GST Tax Evasion: Action initiated against 17229 persons in 2 years

   06 March 2023 at 08:37

With the increasing incidence of fake billing scams and tax evasion, action was initiated against some 17,229 persons in Gujarat

Posted in GST |   5448 Views


GSTN launches e-invoice registration services with private IRP

   06 March 2023 at 08:36

In another step towards further digitization of the business process flow, GSTN has launched the e-invoice registration services through multiple private IRPs at the recommendation of the GST Council.

Posted in GST |   7827 Views


CBDT notified Insolvency and Bankruptcy Board of India for exemption u/s 10(46)

   04 March 2023 at 08:43

CBDT vide Notification No. 09/2023 dated March 01, 2023 has notified Income Tax exemption to the Insolvency and Bankruptcy Board of India ("the IBB") under section 10(46) of the Income-tax Act, 1961 ("the IT Act")

Posted in Income Tax |   5142 Views


Mastermind in fake GST billing case arrested

   03 March 2023 at 08:34

The state GST department in Gujarat Tuesday said it has apprehended Irfan Sabbirhussain Kazi, the mastermind who set up 10 fake companies, made counterfeit bills worth Rs 83 crore and passed on tax reliefs worth Rs 15 crore to beneficiaries.

Posted in GST |   6051 Views


RBI launches 2 surveys to gather useful inputs for monetary policy

   02 March 2023 at 14:30

The Reserve Bank of India on Wednesday launched two key surveys, results of which provide "useful inputs" for the central bank's bi-monthly monetary policy.

Posted in Others |   2220 Views


CBDT issues corrigendum w.r.t. ITR Forms for AY 2023-24

   02 March 2023 at 08:35

CBDT has issued Corrigendum vide Notification No. 8/2023 dated February 28, 2023 to its Notification No. 04/2023 dated February 10, 2023 released to notify the new ITR forms applicable for the AY 2023-24

Posted in Income Tax |   7191 Views


GST collection rise 12% to Rs 1.49 lakh crore in February

   02 March 2023 at 08:33

₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year

Posted in GST |   5775 Views


ICAI President CA Aniket S. Talati addresses Professionals and Students as 71st President of the institute

   01 March 2023 at 08:44

As I take over the baton of Presidency as 71st President of this great institution with its illustrious legacy upholding the public interest, I am overwhelmed with pride and elation

Posted in Professional Resource |   8067 Views


3 people held in Aadhaar-GST multi-crore bogus billing scam

   01 March 2023 at 08:41

Three persons were arrested by Bhavnagar Police on Tuesday, for conning unsuspecting Aadhaar card holders to go to Aadhaar centres where the mobile number linked to their Aadhaar identity would be changed.

Posted in GST |   6768 Views


Monthly Review of Accounts of Union Government of India upto Jan 2023 for FY 2022-23

   01 March 2023 at 08:40

The Monthly Account of the Union Government of India upto the month of January, 2023 has been consolidated and reports published.

Posted in Others |   2835 Views



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