- 16 Feb 2023 06:14 PM
- New
Investors are waiting for Bata India to sweep them off their feet
December quarter (Q3FY23) results show that recovery compared to the pre-covid levels has been underwhelming.
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- 16 Feb 2023 06:29 PM
- New
Petrol will be brought under GST once states agree: FM
New Delhi: Once states make up their mind on the timing of including crude oil and select petroleum products into Goods and Services Tax (GST) and determine a tax rate, these will be subsumed into the new indirect tax system, Finance Minister Nirmala Sitharaman said at an event.
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- 16 Feb 2023 06:33 PM
- New
More pan masala disclosures, but no tax based on capacity
Industry-specific data on tax evasion was not immediately available but as per official records, between July 2017 and August 2020, over ₹93,400 crore of GST evasion was detected by central and state authorities and over 400 arrests made across industries.
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- 15 Feb 2023 05:56 PM
‘GST audits led to detection of ₹22,000 cr tax evasion’
NEW DELHI : The GST audits undertaken by the indirect tax administration in the current financial year have led to the detection of ₹22,000-crore tax evasion from nearly 48,000 cases so far, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said in an interview.
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- 15 Feb 2023 06:03 PM
Petroleum products to soon be under GST? Here's what FM Sitharaman said
Addressing a post-Budget interactive session with the members of the industry chamber PHDCCI on Wednesday, Sitharaman said that petroleum products could be included under GST if there was agreement among the states.
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- 14 Feb 2023 05:41 PM
GST council meet on Saturday
Source: https://www.livemint.com/news/india/gst-council-meet-on-saturday-11676308442841.html
The Council is expected to discuss the issues that were on the agenda at its last meeting but could not be taken up
NEW DELHI : Federal indirect tax body, the GST Council will meet on Saturday to discuss a host of issues including states' revenue position and setting up new GST Tribunals.
- 14 Feb 2023 05:47 PM
Will use property tax data, electricity bill to increase GST tax base: CBIC Chairman
Responding to a question about business-to-consumer (B2C) shopkeepers whose daily sales are in lakhs but are not giving receipts and do business in cash, Vivek Johri said that B2C business is a matter of concern.
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- 13 Feb 2023 06:00 PM
Next big agenda is adding more tax payers: CBIC chairman Vivek Johri
New Delhi: Beefing up the taxpayer roll is the next big task for the Central Board of Indirect Taxes and Customs (CBIC), said the chairman of the body that’s helped stabilize revenue collections and take measures to decriminalize violations—essential ingredients of tax reform.
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- 13 Feb 2023 06:02 PM
GST compensation delayed in some states due to lack of AG certificates, FM says ‘Kerala hasn't sent since…’
FM Sitharaman said post GST induction, Kerala has not sent AG certificate for GST compensation for 5 years
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- 13 Feb 2023 06:07 PM
GST Council Newsletter for the month of January 2023
Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-january-2023.html
On 26th January, the Country celebrated the 74th Republic Day therein honoring the adoption of our Constitution that has vested the supreme authority of the Republic in “We, the people”. Our country is entering into a crucial phase wherein we as a nation endeavor to achieve an empowered and inclusive economy over the next 25 years in lead up to the 100 years of our Independence.
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