Indirect Tax Proposals of Union Budget 2023-24
I present the Budget for 2023-24. This is the first Budget in Amrit Kaal.
2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
The Survey underlines that Inflation and monetary tightening led to a hardening of bond yields across economies and resulted in an outflow of equity capital from most of the economies around the world into the traditionally safe-haven market of the US
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Economic Survey 2022-23 in the Union Parliament today.
GST e-invoice System has issued an Update dated January 30, 2023 on new validations incorporated for all B2B transactions, selection of PoS State Code as '96-Other Country' is enabled for HSN related to Services by way of transportation of goods.
In a major operation against tax evaders, the GST wing of the Taxation Department, Punjab, on Monday arrested four persons for a fraud of Rs 48 crore from Jalandhar.
In a 413-page response, Adani Group said the report was driven by "an ulterior motive" to "create a false market" to allow the US firm to make financial gains.
UP street vendor who makes ends meet by selling clothes on the streets of Muzaffarnagar with a turnover of roughly Rs 500 per day was shocked to find GST officials knocking on his door and charged with amassing Rs 366 crore through tax fraud.
GSTN will soon allow negative values in Table 4 of GSTR-3B, allowing users to show the net off credit notes values in Table 4A which will make Table 8 of the GSTR-9 comparison consistent as per the Release Notes.
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