Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
On Tuesday the Finance Secretary Ajay Bhushan Pandey and CBIC Chairman M Ajit Kumar talked with zonal chiefs to examine if there is any GST (Goods and Services Tax) theft and stop it. “Finance Secretary, Chairman CBIC and Board Members held a Video Conference with Zonal Chiefs. Discussions centered on ongoing anti-evasion measures and action […]
In the concern of issuing the fake invoices of Rs 2100 cr and availing for ITC of Rs 185 cr. The Maharashtra Department of Goods and Services Tax has captured the person who is running a business in Mumbai. He frames a bogus picture by mentioning that he is running 30 companies to provide the […]
Those who do not have the Aadhar number will not proceed with the latest goods and services GST enrollment. The authorities seek to check that the GST is linked with the biometric details with the live photograph of the registrant so as to clarify the GST fraud. A new GST should seek an Aadhaar-like process […]
The income tax appellate tribunal (ITAT) Bangalore ruled that the return on getting the software from the foreign company is to be taxed and implemented by the distributor. The taxpayer is the owner of Kaseya Software India Pvt Ltd and has the charge to distribute the software in India, handling the events and several other […]
The GST council based law panel has decided to mutually come up with the options to handle the fake invoice issue and will be making a final decision on it. While the panel consists of bigger members it also has an extensive team of around 10 members from each state and centre and 2 members […]
The CGST officials are required to take the safe way due to the frauds undertaken in availing the ITC through the business entities said by the GST officials. In the CII conducted webinar there are various reasons to block the input tax credit (ITC) A complete guide for understanding the basics of input tax credit […]
Chandigarh Nov 4 UNI Haryana deputy chief minister Dushyant Chautala announces that Haryana has enrolled a 66% rise in GST revenue in October 2020 with respect to October 2019 which is a record and entitled to be a recognition for the state government. To keep an eye on the big as well as prominent assessee […]
Due to corona, another package for the economy which gets canceled is now again launched by the government said by finance secretary Ajay Bhushan. Although he has not stated the time when it will be provided. Indeed he also says that the Indian Economy might reach a 0% growth The biggest tax reform i.e. Goods […]
To increase the spending on the festive season the ministry of finance prolonged the advantages of LTC cash voucher scheme on Thursday to the government employees other than central. “In order to provide the benefits to other employees (i.e. non-central government employees)… it has been decided to provide a similar income-tax exemption for the payment […]
