In a comprehensive discussion held in the Rajya Sabha on Wednesday, Finance Minister Nirmala Sitharaman responded to Parliamentarians' queries and suggestions, notably addressing the proposed Central Goods and Services Tax (Second Amendment) Bill, 2023.
CGST's Preventive Department in Rajkot Nabs Brass and Copper Scrap Trader in Jamnagar for Alleged Rs 67.72 Crore Tax Evasion
The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 55/2023 – Central Tax dated December 20, 2023, announcing an extension for the filing of FORM GSTR-3B for November 2023.
The Income Tax Department has issued an update, stating that the last date to file the return of income for the Assessment Year 2023-24 (Financial Year 2022-23) under section 139(4) or 139(5) of the Income Tax Act is December 31, 2023.
Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Tuesday, providing clarity on the application of the 28% Goods and Services Tax (GST) on entry-level bets on online gaming platforms.
The Special Investigation Bureau (SIB) of the Uttarakhand GST department has recently filed a comprehensive 3,500-page charge sheet against Shahnawaz Hussain, the alleged mastermind behind a large-scale illegal timber trade operation.
FM Nirmala Sitharaman addressed the Lok Sabha on December 19, 2023, shedding light on crucial amendments to the central Goods and Services Tax (GST) law and related bills.
UltraTech Cement Faces GST Challenges: Receives Orders Totaling Rs 18.3 Crore in Demand, Interest and Penalties
On Monday, the Minister of State for Finance, Pankaj Chaudhary announced that the Income Tax Department has denied tax exemption to the Board of Control for Cricket (BCCI) in India u/s 11 of the Income Tax Act.
Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.
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