Data Protection Law will be finalised soon, says Ravi Shankar Prasad
The government plans to cultivate India as a large data economy, and as a precursor, the country will soon have […]
News
Important News
15th Finance Commission submitted report for FY 2020-21 highlighting implementation challenges
The Finance Commission is a constitutional body formed by the President of India to give suggestions on centre-state financial relations.
Important Pronouncements
ITC disallowance to buyer for seller’s default to pay taxes ‘unsustainable’
The Hon’ble Madras High Court in the case of M/s. Sri Ranganathar Valves Private Limited v. The Assistant Commissioner (CT)
GST Recent News, News
Finance secretary: Monthly GST filing will not be necessary after e-invoice system is in place
In a major relief to businesses, the government plans to do away with monthly filing of Goods and Services Tax
News
Vivad Se Vishwas scheme garners Rs 72,480 crore tax to government so far
The government has garnered Rs 72,480 crore so far through the direct tax dispute resolution scheme Vivad Se Vishwas, sources
GST Recent News, News
GST revenue shortfall: Kerala CM urges PM to raise borrowing limit
Kerala Chief Minister Pinarayi Vijayan has written to Prime Minister Narendra Modi asking for enhancement of borrowing amount under the special window
Press Release, Press Release
Arrest of a prominent Builder in a case of availment of fraudulent Input Tax Credit of Rs. 4.86 Crore on fake invoices
The officials of DGGI, Nashik Regional Unit of DGGI, Nagpur Zonal Unit arrested a prominent builder of Nashik in an
GST Recent News, News
Businessman held in Rs 45 crore GST fraud case
The anti-evasion wing of Central Goods & Services Tax (GST) arrested a businessman, Mukesh Vyas, on Wednesday, for fraudulently availing
GST Recent News, Important News
GSTN issued updates regarding mandatory e-invoicing for taxpayers with aggregate turnover exceeding Rs. 100 crore effective from January 01, 2021
GSTN has issued updates- enablement, testing, help option & resources regarding mandatory e-invoicing for taxpayers with aggregate turnover exceeding Rs.
GST Recent News, News
Fresh crackdown against GST fraud, five more arrests take total to 30 this month
The government’s nationwide drive against fake Goods and Services Tax (GST) invoices on its fifth day saw five more arrests,