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Telangana Firm Accused Of Rs 100 Crore Tax Evasion Using Fake Bills
The Commercial Taxes Department of Telangana has uncovered a significant Goods and Services Tax (GST) fraud amounting to over Rs 100 crore allegedly orchestrated by Hyderabad-based M/s Keshaan Industries LLP.
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New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
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Supreme Court Stays GST Notices Worth Over Rs 1 Lakh Crore Against Gaming Firms
The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.
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5, 12 or 18%? Row Bubbles Up Over GST On Popcorn, Council Clarifies
GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will be levied if it is caramelised.
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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
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Infosys Gets Pre-Show Cause Notice For Alleged Rs 32,400-Crore GST Evasion
IT services company Infosys has been issued a pre-show cause notice for alleged goods and services tax (GST) evasion up to Rs 32,403 crore.
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Notices Issued To Gaming Firms Over Rs 1.12 Lakh Crore GST Evasion: Centre
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24, the finance ministry said today.
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Online Gaming Companies Get Rs 1 Trillion GST Notices Over Tax Evasion
GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.
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"DMK Uttering Lies About Civil Code, GST, Inflation": Tamil Nadu BJP Chief
Tamil Nadu BJP chief K Annamalai on Saturday accused the ruling DMK of undertaking a disinformation campaign against the Centre issues including the Uniform Civil Code (UCC), and said the truth will be exposed in the forthcoming Parliament session.
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Centre Brings GST Network Under Prevention Of Money Laundering Act
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
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Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
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MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
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Rahul Gandhi Slams Centre Over Agnipath Scheme, GST At Haryana Rally
Congress leader Rahul Gandhi on Friday launched a scathing attack on the BJP-led government at the Centre over a host of issues, including the Agnipath scheme and GST.
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Why Is Congress Afraid Of Investigating Agencies?: Minister Anurag Thakur
As Congress is holding nationwide protests against the central government over the issues of inflation, price rise, Goods and Services Tax (GST) and unemployment, Union Minister Anurag Thakur on Friday hit out at the top brass of the grand old party.
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Telangana Firm Accused Of Rs 100 Crore Tax Evasion Using Fake Bills
The Commercial Taxes Department of Telangana has uncovered a significant Goods and Services Tax (GST) fraud amounting to over Rs 100 crore allegedly orchestrated by Hyderabad-based M/s Keshaan Industries LLP.
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New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
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Supreme Court Stays GST Notices Worth Over Rs 1 Lakh Crore Against Gaming Firms
The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.
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5, 12 or 18%? Row Bubbles Up Over GST On Popcorn, Council Clarifies
GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will be levied if it is caramelised.
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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
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Infosys Gets Pre-Show Cause Notice For Alleged Rs 32,400-Crore GST Evasion
IT services company Infosys has been issued a pre-show cause notice for alleged goods and services tax (GST) evasion up to Rs 32,403 crore.
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Notices Issued To Gaming Firms Over Rs 1.12 Lakh Crore GST Evasion: Centre
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24, the finance ministry said today.
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Online Gaming Companies Get Rs 1 Trillion GST Notices Over Tax Evasion
GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.
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"DMK Uttering Lies About Civil Code, GST, Inflation": Tamil Nadu BJP Chief
Tamil Nadu BJP chief K Annamalai on Saturday accused the ruling DMK of undertaking a disinformation campaign against the Centre issues including the Uniform Civil Code (UCC), and said the truth will be exposed in the forthcoming Parliament session.
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Centre Brings GST Network Under Prevention Of Money Laundering Act
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
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Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
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MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
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Rahul Gandhi Slams Centre Over Agnipath Scheme, GST At Haryana Rally
Congress leader Rahul Gandhi on Friday launched a scathing attack on the BJP-led government at the Centre over a host of issues, including the Agnipath scheme and GST.
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Why Is Congress Afraid Of Investigating Agencies?: Minister Anurag Thakur
As Congress is holding nationwide protests against the central government over the issues of inflation, price rise, Goods and Services Tax (GST) and unemployment, Union Minister Anurag Thakur on Friday hit out at the top brass of the grand old party.
