India’s GST revenues could rise to Rs 4-5 lakh crore a month if loopholes are plugged, SBI's Chief Economic Advisor said, noting strong growth from Rs 1 lakh crore to over Rs 2 lakh crore monthly collections in five years.
Supreme Court strikes down the 25-year experience rule, allowing Chartered Accountants with 10 years' practice to qualify for ITAT Accountant Member posts.
Finance Ministry allows voluntary Aadhaar authentication for PFMS app users with alternative ID options like bank OTP verification.
Solar companies report minimal relief from the GST reduction on modules as restricted ITC claims offset expected savings. Developers say meaningful gains depend on faster refund mechanisms.
Capital market representatives have sought lower STT, market inclusion measures and deeper reforms during a pre-Budget meeting with Finance Minister Nirmala Sitharaman.
India's start-up ecosystem has urged the Finance Ministry to expand the Fund of Funds corpus, ease credit access, offer targeted tax incentives and strengthen IP frameworks during pre-budget consultations with FM Nirmala Sitharaman.
The Supreme Court has clarified that Chartered Accountants no longer need 25 years of experience to qualify as technical members in tribunals like the ITAT, calling the rule arbitrary and unconstitutional.
Haryana traders raised concerns over rising GST burden, complex compliance and the growing dominance of foreign online trading companies during a meeting in Sirsa.
GSTN issues advisory reminding taxpayers to furnish bank account details as per Rule 10A within 30 days of registration or before filing GSTR-1/IFF
Central GST officials recovered Rs 3 crore cash during a raid on Agarwal Dhaba in Jalandhar, Punjab. Preliminary investigation points to large-scale tax evasion and irregularities in financial records.
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