Indian exporters have urged the government to extend the rupee payment mechanism to more countries, and restore the 18% goods and services tax (GST) exemption on export freight amid the World Trade Organization (WTO)'s forecast hinting at a sharp
Direct Tax collections up to 8th October, 2022 show that gross collections are at Rs. 8.98 lakh crore which is 23.8% higher than the gross collections for the corresponding period of last year.
Aiming to decriminalise offences under GST, the government is working on a provision to raise the threshold limit for launching prosecution and lower charges for compounding of offence, an official said on 28 September.
Union Minister for Finance & Corporate Affairs inaugurates Western Regional Office of Competition Commission of India (CCI) in Navi Mumbai
Minister asks Chartered Accountants of India to strive to take Indian Chartered Accountancy Firms to the global level
New Functionalities made available for Taxpayers on GST Portal (September, 2022)
Hosting of Multipurpose Empanelment Form (MEF) – 2022-23
Revenue Deficit Grant (RDG) of Rs. 7,183.42 crore released to 14 States
A complaint has been filed against a senior Income Tax (I-T) officer for allegedly seeking Rs 30 lakh as bribe from a city-based builder to settle a penalty amount.
Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema has said Punjab has collected a GST of Rs 10,604 crore during the first six months of the current financial year
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