Fino Payments Bank says it has not evaded GST and does not facilitate betting activities, adding that all operations comply with RBI guidelines and regulatory requirements.
The Maharashtra ACB has arrested two state GST officials and a private intermediary for allegedly accepting a Rs 20 lakh bribe in Nashik to settle a GST investigation. Further probe underway!
ICAI has issued a detailed handbook explaining key compliances, exemptions and incorporation procedures for private limited companies under the Companies Act, 2013.
The Central Goods and Services Tax Delhi South Commissionerate arrests a company director for fraudulently claiming Rs 60.59 crore Input Tax Credit through bogus invoices worth Rs 397 crore under the Central Goods and Services Tax Act, 2017.
The Income Tax Department uncovers Rs 408 crore in suppressed sales after surveying 62 restaurants across 46 cities. Under the SAKSHAM NUDGE campaign, 63,000 restaurants have been asked to update their tax returns before 31 March 2026.
Finance Ministry warns prolonged West Asia conflict may widen India's current account deficit, weaken the rupee and raise inflation due to rising oil and LNG prices.
GST department rejects registration of legal heir continuing deceased proprietor's business, citing missing succession documents. Experts call for clearer GST guidelines.
Two youths posing as Income Tax officers attempted a fake raid at a residence but were caught by Ramnagar police after locals verified their credentials.
The Central Information Commission has advised the Income Tax Department to create a taxpayer-friendly mechanism to resolve TDS mismatches between Form 16 and Form 26AS and prevent harassment of honest taxpayers.
The Ministry of Finance has issued Notification No. 01/2026–Union Territory Tax amending the 2018 GST notification and appointing Ms. Krati Nigam, Joint Commissioner CGST Daman, in the UT GST authority panel.
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