Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The recent report from the Comptroller and Auditor General (CAG) about Karnataka’s finances reveals some important issues. It showed that there were problems with how taxes were managed and enforced in various government departments. These issues led to a significant loss of revenue, totalling ₹1,260.41 crore. The findings of the report were shared in the […]
The indian auto sector is ready for the game-changing policy move. According to reports, the government will rationalise Goods and Services Tax (GST) rates on automobiles. The auto sector will surge from this GST rate reduction; passenger vehicle majors Maruti Suzuki, Mahindra & Mahindra (M&M), Ashok Leyland, and TVS Motor are among the biggest beneficiaries. […]
The deadline for submitting Form GSTR-3B for July 2025 has been pushed back by the Central Board of Indirect Taxes and Customs (CBIC). This announcement was made in a notification issued on August 20, 2025, right when the original deadline was approaching. According to the central tax notification No. 12/2025, the amended due date to […]
In tax systems, the most important part is compliance due dates. They bring uniformity, discipline, and timely revenue flow. Though there are situations where humans cannot control compliance. One of the situations is being faced in the State of Maharashtra. Multiple districts in Maharashtra, including Mumbai, Thane, Bhiwandi, Palghar, and Raigad, have been affected for […]
On Wednesday, August 20, 2025, Finance Minister Nirmala Sitharaman is set to address an important meeting with a group of state ministers. During this meeting, she will advocate for significant reforms to the Goods and Services Tax (GST). These proposed changes aim to lower tax rates, which could subsequently result in reduced prices for commonly […]
Prime Minister Narendra Modi has chaired a high-level meeting with senior ministers, secretaries, and economists to discuss the roadmap for ‘next-generation reforms’ and a modification of GST laws. The Prime Minister shared a post on X, saying, “Chaired a meeting to discuss the roadmap for Next-Generation Reforms.” “We are committed to speedy reforms across all […]
The amended GST structure may overhaul the categorisation of passenger vehicles and the tax slabs under which they fall, thereby reducing the burden on entry-level cars. The move aims to address distortions that have developed in the auto tax structure over the years. At present, most items are taxed at 28%, but the proposal is […]
The Gauhati High Court has allowed two months for the company to restore its Goods and Services Tax (GST) registration. This registration was cancelled because it failed to file its GST returns for six consecutive months. The applicant, D.D. Construction is registered under the provisions of the Central Goods and Services Tax (CGST) Act, 2017/Assam […]
The limitation for GST refund claimed under the wrong head ceases to apply from the date of correct payment, the Patna High Court has ruled. After reading Section 77 of the CGST Act, 2017, read with Section 19 of the IGST Act, Justices Rajeev Ranjan Prasad and Shailendra Singh viewed that the date of counting […]
