Maharashtra GST officials have arrested three businessmen in separate fake Input Tax Credit (ITC) scams totaling over Rs 180 crore, including frauds worth Rs 114 crore, Rs 56 crore, and Rs 10 crore.
Bicholim police have arrested a Navi Mumbai resident for a Rs 75 lakh GST fraud involving fake registration under Green Agro Industries using forged documents.
The GST rate cut has led to a surge in MSME loan demand, with banks like SBI, IOB, PNB and Indian Bank reporting sharp growth in credit enquiries and portfolio expansion.
CBIC Chairman Sanjay Kumar Agarwal inaugurated the "GST & Customs Pavilion" at the 44th India International Trade Fair (IITF) 2025 in New Delhi
DGGI has filed a 299-page chargesheet against Tushar Raheja in a Rs 7.18 crore GST evasion case involving fake bills and eight bogus firms.
IRDAI reports strong growth in life and retail health insurance after GST on premiums was cut to zero.
Cyberabad Police have arrested two persons in a major GST fraud case involving 10 fake firms and Rs 11.79 crore fraudulent ITC claims.
A daily-wage labourer in Moga, Punjab, has been served a shocking Rs 35 crore GST notice after a fake company was registered in his name, using his Aadhaar and PAN. He claims no business, no PAN and demands justice.
ICAI President’s November message highlights GST 2.0 reforms, MSME Clinic rollout, global benchmarking of CA qualification, and ICAI’s growing global and digital initiatives.
Life insurers report sharp increase in pure protection plans post GST cut; HDFC Life up 50%+, Axis Max Life up 34%, SBI Life sees 33% growth.
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