GST, VAT to contribute over 62% to total receipts of Delhi govt in FY23
The GST and the VAT will be the biggest contributors to the Delhi government’s tax revenue which is estimated at […]
GST Recent News
Press Release, Press Release
Quarterly Report on Public Debt Management for the quarter ended December 2021
Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of
GST Recent News
Serious allegations of availing fraudulent GST ITC in Electronic Credit Ledger: Madras HC refuses refund of amount
The Madras High Court bench of Justice C. Saravanan refused to grant a refund of the amount lying in the assessee’s electronic cash ledger
GST Recent News
State can’t legislate on Entry Tax after deletion of entry 52 of list II: West Bengal Taxation Tribunal
The West Bengal Taxation Tribunal, headed by Malay Marut Banerjee (Chairman), Suranjan Kundu (Judicial Member), and Chanchalmal Bachhawat (Technical Member), observed that the
Newsletter
Weekly GST Communique dated March 28, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
News
Cryptocurrency assets sold at a profit will be subject to a 30% tax from April 1, 2022: Here’s what you should know
Cryptocurrency gains will be taxed at 30 per cent beginning April 1, 2022. It’s the highest tax bracket and the
News
Income disclosed under voluntary disclosure scheme cannot be included with regular income: Madhya Pradesh HC
The Madya Pradesh High Court has ruled that income disclosed under Voluntary Disclosure Scheme cannot be included with the regular income declared
GST Recent News
Rajasthan HC refuses bail to director of a company allegedly involved in GST Evasion worth Rs. 869 cr.
The Rajasthan High Court bench of Justice Narendra Singh Dhaddha has refused to grant bail to the director of a company who was allegedly
GST Recent News
Govt believes in lowering taxes, says FM Sitharaman amid fuel price hike
Finance Minister Nirmala Sitharaman on Friday rejected opposition allegations against the government over the rise in fuel prices and said that the
GST Recent News
Data mining wing helps dept recover ₹2,646 cr from tax evaders in 5 yrs
The Punjab excise and taxation department has recovered ₹2,646.88 crore from tax evaders till February 2022 through the data mining wing