Page 4 - Shrimi Choudhary

GST anti-profiteering cases to be taken up by the appellate tribunal

Council to introduce 'sunset date', allowing filing complaints up to April 1, 2025

GST Council likely to address retrospective taxation on online gaming

Move may give relief to firms facing Rs 1.12 trn in tax demands

Net direct tax collections grew 9.8% to Rs 4.62 trillion till mid-June

Of the total tax collected until June 16, corporation tax accounted for Rs 1.81 trillion, while personal income tax (I-T) stood at Rs 2.69 trillion

Budget 2024-25 likely to retain FY25 fiscal deficit target of 5.1%

Record RBI dividend may guide likely focus on capex, special package

June 22 GST Council meet likely to give relief to foreign airlines

Clarification could end uncertainty around some services

Panel on rejigging GST rates due for another revamp, to meet before Budget

Council likely to meet by end of this month or first week of July

GST rate rejig panel due for another revamp ahead of full Budget

Council may meet before Budget presentation in the middle of next month

I-T department set to complete 170,000 reassessments by next March

CBDT reopened total 600K cases between March 2021 and March 2024

A full Budget, implementing pending reforms to keep finance minister busy

While the ministry has started work on the Budget, it is expected to begin industry consultations

No exemption for SEZ units under the proposed Central Excise Bill

Officials get to audit businesses; duty recovery time increases to three years

CBIC steps up its vigil over imports of unbranded gold jewellery

Amid spurt in seizures of gold jewellery; monitor gold shipments under free trade pact

GST collection soars 10% to Rs 1.73 trn in May, FY25 mopup at Rs 3.83 trn

Trend indicates tax collection to remain above Rs 1.7 trillion during the fiscal year

India's fiscal deficit in FY24 improved to 5.6% of GDP: Govt data

A fiscal deficit arises when government spending exceeds revenue

GST Council's fitment committee likely to consider dropping 12% slab

Revamped GST rates may be implemented this financial year

Edtech major Byju's faces ED heat for Rs 9.4k crore 'forex violation'

Legal proceedings against the edtech firm have begun

Money-laundering case: Rs 50 crore assets of Pawan Munjal attached

ED alleges Hero MotoCorp chairman illegally moved foreign currency abroad

India's gross direct tax collection up 17.6% at Rs 12.3 trillion till Nov

The government has projected 10.5 per cent growth in revenues from corporate and individual income tax to Rs 18.23 trillion this financial year

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

The e-invoicing mechanism helps improve compliance and transparency in sales reporting, minimising errors and mismatches, and automating data entry

GST exemptions disrupt input tax credit chain, will complex GST: CBIC chief

Indirect tax authorities to send intimation to businesses not complying with e-invoicing rules

October e-way bill generation hits all-time high at Rs 10.3 crore

Signals further boost in GST mop-up in November