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GST Authority is now monitoring taxpayers' financial activities in real time. This implies that business sector may identify fraudulent invoices and apply input tax credit inputs.

GST Department's eye on Banking Transactions; Know What is Government's Preparation

Further, an amount of Rs. 287 Crores was recovered by DGGI in a case involving non-payment of GST on support services.

GST intelligence detects case of lower payment of GST on Ayurvedic medicine; Rs. 111 Cr detected

Articles

ChatGPT has numerous potential applications and has the potential to replace specific jobs that rely heavily on language-based tasks. Some jobs that can be replaced by ChatGPT are Customer Service Representatives, Teachers, Translators, Proofreaders, etc.

The Rise of ChatGPT: Check Jobs That Could Be Replaced by this AI Chatbot in the Future

Circulars

RBI has issued a circular clarifying the concept of Informal Micro Enterprises (IMEs) in order to qualify for government incentives and be classified as PSLs.

RBI clarifies Formalisation of Informal Micro Enterprises on Udyam Assist Platform

RBI has announced a ‘100 Days 100 Pays’ campaign for banks to trace and settle the top 100 unclaimed deposits of every bank in every district of the country within 100 days.

Reserve Bank launches ‘100 Days 100 Pays’ Campaign for Return of Unclaimed Deposits

Chatgpt and Bard are AI-based chatbots developed by OpenAi and Google respectively. Despite being AI-based models these two chatbots have many differences between them. Some notable differences between them are listed below:

ChatGPT Vs Bard, How OpenAI's ChatGPT Compares with its Competitor Google's Bard 

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