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GSTR-3B is about to get a reverse twist, as new restrictions on Input Tax Credit (ITC) are going to be levied.

ITC under RCM: Significant Changes Coming to GSTR-3B

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The Finance Minister declared that a new tax law, or Income Tax Act, would be implemented within six months to replace the old Income Tax Act of 1961.

India will get New Income Tax Act in Six Months; says FM

Union Finance Minister Nirmala Sitharaman encouraged the Income Tax Department on Wednesday to work toward becoming known as fair and friendly.

Finance Minister urges IT Department to Simplify Tax Notices; Avoid 'threatening tone' and Encourage Compliance

CBDT has announced its Central Action Plan (CAP) for the financial year 2024-25, which outlines a road map for the Income Tax Department.

CBDT notified Central Action Plan for FY25; asked IT Dept to expand Tax Base and Recover Arrears

The Central Goods and Service Tax and Central Excise department arrested two businessmen for falsely claiming an ITC of Rs.17 crore in separate cases.

Tax Officials arrested 2 Businessmen for GST Fraud of Rs.17 Crore

Hindustan Zinc announced that it had received a GST demand notice of Rs 26.12 crore from the Office of the Commissioner of Central Excise and CGST Commissionerate.

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ITC under RCM: Significant Changes Coming to GSTR-3B

India will get New Income Tax Act in Six Months; says FM

Finance Minister urges IT Department to Simplify Tax Notices; Avoid 'threatening tone' and Encourage Compliance

CBDT notified Central Action Plan for FY25; asked IT Dept to expand Tax Base and Recover Arrears

Tax Officials arrested 2 Businessmen for GST Fraud of Rs.17 Crore

Hindustan Zinc gets Rs.26 Crore GST Demand Notice over Tax Credit Dispute