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The Directorate General of GST Intelligence and Directorate of Revenue Intelligence have discovered alleged Integrated GST evasion by 24 big importers totaling Rs.11,000 crore.

GST Evasion: IGST of Rs.11000 Crore evaded by 24 Big Importer

RBI has issued a new regulation governing imposition of taxes or fees on foreign currency prepaid cards, store value cards, travel cards and other cards that are redeemable in India.

RBI's New Rule: Levy of Charge on Forex Prepaid Cards and Travel Cards; Check Details

The Central Bureau of Investigation has arrested then Director (Technical) Operation ECL and then Inspector, CISF Seetalpur Unit, ECL in an on-going investigation of a case.

CBI arrests Ex-Director of ECL and Ex-Inspector of CISF in Coal Scam

Judgement

Since payment is not chargeable to tax in India, therefore, there is no obligation on assessee to deduct TDS

Champions League termination Compensation Payment made by BCCI to foreign Cricket bodies Tax Free

Investigators have discovered that at least 25% of the estimated Rs 20,000 crore of fake billing took place in Gujarat.

GST Scam: 25% of estimated 20,000 crore GST-Aadhaar Fake Billing Scam Unfolds in Gujarat

Articles

Stay informed about the crucial dates for filing Income Tax Returns (ITR) in India for the financial year 2022-23 and assessment year 2023-24. This article covers the last filing dates applicable to various taxpayer categories, ranging from firms and individuals to political parties.

Significant Deadlines for Filing ITR in India: FY 2022-23 (AY 2023-24) for Diverse Taxpayer Categories

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