CAclubindia News

GST Council Set to Clarify Tax Exemption for RERA

26 February 2024 at 14:30

The Goods and Services Tax (GST) Council is poised to provide clarity regarding the exemption of the Real Estate Regulatory Authority (RERA) from GST payments, a senior official has revealed.

Posted in GST | 4368 Views

GST Launches 'Operation White Pepper' to Combat Tax Evasion in Wayanad resorts

26 February 2024 at 09:12

In a proactive move to curb tax evasion and protect state revenues, the intelligence wing of the GST department has launched "Operation White Pepper," targeting major resorts in the district.

Posted in GST | 2403 Views

Assets Worth Rs 5 Crore Seized in Rs 10,000 Crore GST Fraud Case

26 February 2024 at 09:10

In a significant development, the Noida police have executed a district court order to attach immovable assets belonging to two Delhi-based individuals accused of orchestrating a massive GST fraud amounting to nearly ₹10,000 crore.

Posted in GST | 2295 Views

RBI Announces Additional Steps for Paytm Payments Bank Customers and Merchants

26 February 2024 at 09:10

Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949 - Additional Steps

Posted in Community & General | 1626 Views

ICAI releases Mock Test Papers Series-I for CA Final & Intermediate May 2024 Exams

24 February 2024 at 15:17

The Board of Studies is commencing Mock Test Papers Series - I from 4th March,2024 for Students appearing in CA Final/Intermediate Course for May 2024 Examinations.

Posted in Students | 53406 Views

DGGI Investigates Rs 850 Crore Tax Evasion by Coaching Centers Nationwide

24 February 2024 at 09:03

DGGI has launched a sweeping investigation into suspected tax evasion amounting to approximately ₹850 crore by major commercial tutoring institutions for the fiscal years 2020-21 and 2021-22.

Posted in GST | 3336 Views

324 Businesses Under Scrutiny for Tax Evasion in 'Bill Leyao, Inaam Pao' Initiative

24 February 2024 at 09:01

In a recent development, notices have been issued to 324 businesses and retailers suspected of dodging taxes and violating GST provisions.

Posted in GST | 4860 Views

Biocon Faces Rs 3 Crore Penalty Over GST Reporting Errors

24 February 2024 at 09:00

Biocon Ltd, a leading biopharmaceutical company, disclosed in a regulatory filing that it has been served with an order of adjudication, imposing a penalty of Rs 3,03,78,465.

Posted in GST | 4584 Views

GSTN to Share Data with RBI's Public Tech Platform for Frictionless Credit

24 February 2024 at 08:59

In a significant development aimed at facilitating smoother access to credit for businesses, the Government of India has granted permission to the GSTN to share data of GST-registered entities with RBI 'Public Tech Platform for Frictionless Credit'.

Posted in GST | 4482 Views