The Income Tax department of India is probing an alleged tax evasion of $50 million by Supam Maheshwari, the founder of FirstCry, an online retailer of baby and child products.
Punjab National Bank (PNB) launches the PNB GST Sahay App for MSME borrowers to access loans digitally using GST invoices.
The income-tax department is considering a potential investigation into both domestic and overseas entities for possible tax evasion related to profits gained from short-selling shares of companies within the Adani Group. This move comes in the wake
The Income Tax Department is investigating tax evasion by six companies that offer foreign tour packages.
CBDT (Central Board of Direct Taxes) notified Rules 13 and 13A of the Income Tax Rules on August 28, 2023, to implement the amendments made to section 132 of the Income Tax Act, 1961 by the Finance Act, 2023.
E-filing of Form 10B for A.Y. 2023-24 is enabled through offline mode. Taxpayers can download Offline Utility through "Downloads" Menu option ->Click on Form 10B->Form utility (From AY 23-24 onwards).
On Monday, August 28, 2023, the mobile wings of the tax department in Punjab inspected 12 furnaces and impounded 60 vehicles during a surprise check at Mandi Gobindgarh.
Advisory for applicants where GST Registration application marked for Biometric-based Aadhaar Authentication
The Special Investigation Team (SIT) probing the Aadhaar-GST scam in Bhavnagar has arrested 13 more people. The total number of people arrested in the case has now risen to 35.
The petroleum dealers in the State are urging both the Central and State governments to adopt a uniform tax regime, such as the Goods and Services Tax (GST), across the country.
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