Mumbai: Vikhroli businessman, four others held for Rs 440-crore GST credit fraud
MUMBAI: Five people, including the director of a Vikhroli-based company, have been arrested by central GST officials for fraudulently...
Supreme Court asks Centre to clear stance on cryptocurrency within two weeks
The Supreme Court has asked the government to clarify its stand on the matter of cryptocurrencies. While hearing petitions challenging a...
Pricing strategies of 50 companies under NAA lens
The anti-profiteering body under the goods and services tax framework is seeking details on pricing strategies from consumer goods...
No antidumping duty on a chemical imported from China, Germany, Saudi Arabia
The Commerce Ministry has not recommended any antidumping duty on imports of a chemical, used in the pharma industry, from China, Germany...
GST anti profiteering clause puts FMCG firms in a fix
New Delhi: With input costs remaining high, manufacturers of consumer packaged goods have had little choice so far but to increase prices...
Number of taxpayers up, but salaried still bear the brunt
NEW DELHI: At the last count, there were around 8.6 lakh doctors in the country, of which less than half paid income tax. Inthe case of...
Demonetisation Impact: Just 1.5 lakh tax returns vs 23.5 lakh notices sent
Twenty one months after the launch of Operation Clean Money (OCM) to find out how much of the demonetised currency that returned to the...
Mumbai: GST relief can make cruise ship tickets 50% cheaper
MUMBAI: The Indian National Cruise Lines Association (INCLA) wants the government to give tax waivers to halve the price of tickets for...
GST update: FinMin issues clarification on last day of availing Input Tax Credit; here’s what you mu
The Finance Ministry on Thursday clarified that the last date for availing Input Tax Credit (ITC) under the Goods and Services Tax for...
Companies rush to match input tax credit with vendor returns
NEW DELHI: Indian companies are scrambling to retain hundreds of crores of input tax credit for last financial year under the Goods and...
