The Ministry of Finance, on the recommendation of the Reserve Bank of India (RBI), has granted a five-year exemption to IDFC First Bank Limited from the provisions of Section 19(2) of the Banking Regulation Act, 1949.
In a significant relief to the Rajasthan Housing Board, the Ministry of Finance has granted income tax exemption under Section 10(46A)(b) of the Income-tax Act, 1961.
UP STF busts Rs 248 crore GST fraud using 100+ shell firms; five arrested from Rajasthan for running a multi-state fake invoice racket with stolen identities and bogus e-way bills.
Maharashtra govt proposes amendment to recover Rs 25,000 crore in pre-GST tax dues from PSUs, banks, and infrastructure bodies under an expanded amnesty scheme...
Assam SGST conducts statewide raids on scrap dealers for GST evasion; Rs 90 lakh recovered in initial findings, crackdown aims to deter tax fraud and boost compliance.
Goa CM Pramod Sawant leads GoM meeting on GST revenue; a group of officers will analyze state-wise data and fraud patterns to enhance GST compliance and suggest policy changes.
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