Private sector lender IDBI Bank Ltd announced on Friday, June 7, that it has received an income tax refund order amounting to ₹2,701.62 crore for the assessment year 2016-17.
Officials from the Directorate General of GST Intelligence (DGGI), Coimbatore, have arrested an individual for availing of fake input tax credit amounting to ₹37.2 crore and passing on fake input tax credit worth ₹65.42 crore.
In a recent move, the Directorate General of Goods and Services Tax Intelligence (DGGI) has launched investigations into airlines retaining taxes collected from customers in no-show scenarios
The Centre is set to introduce the Central Excise Bill, 2024, during the upcoming budget session, aiming to replace the long-standing Central Excise Act, 1944
Filing of information by manufacturers of Pan Masala and Tobacco taxpayersPlease refer to the notification Notification No. 04/2024 - Central Tax dated 05-01-2024 to seek information from taxpayers dealing in the goods mentioned therein. Two forms ha
The State Goods and Service Tax (SGST) department in Surat has delved into the financial dealings of renowned ice-cream brands, including Bismillah and 51-Rainbow, unearthing serious irregularities.
The AI Committee of ICAI invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services.
RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast
In a notable development, the Centralized Processing Cell (TDS) has reprocessed TDS returns for the fiscal year 2023-24, effectively removing short deduction demands.
In a proactive effort to address recent payment issues on the MCA 21 Portal, the Ministry of Corporate Affairs (MCA) technical team has partnered with Bharat Kosh.
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
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