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The Finance Minister said that the GST council will be discussing rationalising tax rates next month, but that a final decision on changing taxes and slabs will come later.

FM Sitharaman says GST Council meet to discuss Rate Rationalisation on Sep 9

Judgement

Maharashtra's Authority for Advance Rulings has announced that the RBI will not be obliged to register GST on fines and penalties collected from its controlled institutions.

No GST on RBI's Penalties, Late Fees and Fines; Says Maharashtra AAR

Articles

In the significant changes, the IT department started sending out the intimation notices during the processing of ITR under “Risk Management System”.

Tax Alert: Tax Department sending out Intimation Notices during ITR Processing for large refund/deductions

Accounting ratios are comparisons of two or more financial data used to analyze a company's financial accounts.

Important Ratios to be disclosed in Financial Statements as per Company Law

CBI held the Principal Commissioner of the Income Tax (Patna and Dhanbad) Department and four others for allegedly accepting Rs.10 lakh in bribes.

CBI arrests Income Tax Commissioner in Bribery Case of Rs.10 Lakh

LTIMindtree announced that the Karnataka High Court has issued a stay order on a GST notice of Rs.378 crore that it received.

LTIMindtree gets Relief from Rs.378 Crore GST Notice as Karnataka HC stays Demand Order

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