News

A few items will have their GST rates reduced beginning January 1st, 2023 in India and only a few were exempt from GST as per the CBIC Notification Released in December.

GST Rate Changes that took effects from 1st January 2023

According to Gujarat AAR, pencils sold with sharpeners will be subject to a higher GST rate than pencils sold alone.

Selling sharpener with a pack of pencils will attract higher GST, Rules Gujarat AAR

Income Tax Department' s Unit from Lucknow conducted searches in five states on the factories and premises of BSP MP from Saharanpur, Haji Fazlur Rehman.

Tax Evasion of more than Rs 1,000 crore: IT Dept. Raids on 20 Properties; Know Details

CBI has arrested an Insurance Surveyor and a Regional Manager of The New India Assurance Company, Chandigarh in a bribery of Rs. 5 lakh.

CBI arrests Two Employees of Chandigarh based Insurance Company in Bribery Case

CBI has filed a Chargesheet against a private company based at Mumbai and its then Promoter in a case related to bank fraud of Rs. 2435 crore.

Bank Fraud: CBI files Chargesheet against Pvt firm, Ex-promoter in Bank Fraud of Rs. 2435 Crore

Circulars

CBDT has issued clarification for purposes of clause (c) of Section 269ST of IT Act 1961 in respect of dealership contract in case of Co-operative Societies.

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GST Rate Changes that took effects from 1st January 2023

Selling sharpener with a pack of pencils will attract higher GST, Rules Gujarat AAR

Tax Evasion of more than Rs 1,000 crore: IT Dept. Raids on 20 Properties; Know Details

CBI arrests Two Employees of Chandigarh based Insurance Company in Bribery Case

Bank Fraud: CBI files Chargesheet against Pvt firm, Ex-promoter in Bank Fraud of Rs. 2435 Crore

CBDT issued Clarification for purpose of Section 269ST of Income Tax