CBIC Found Nearly 25% of GST Accounts to be Fake, Rs 5,000 Crore of Tax Evasion
The Central Board of Indirect Taxes and Customs (CBIC) has found significant evidence in its two-month special drive that around 25% of the 69,000 suspected...
Tag : goods and service tax (GST)
RBI Conducts Rate Repo Auction of Rs 50K Cr
The Reserve Bank of India (RBI) has conducted a rate repo operation instead of pledging its regular variable rate reverse repo operations (VRRR) after the...
GST Collection For June Falls to Rs 92,849 Cr
The impact the second wave of Covid-19 showed on Goods and Service Tax (GST) as collections for June 2021 fell to Rs 92,849 crore, the...
GST Collection Up 65% in Month of May
The Goods and Service Tax (GST) collection in May came in at Rs 1.02 lakh crore, official data by the Finance Ministry showed on June...
Govt Extends the Last Date for Annual GST Filing Till March End for FY 20
The government has extended the deadline for filing annual goods and service tax (GST) return and reconciliation statements for FY20 till March-end, from the existing...
National Anti-Profiteering Authority Imposed Rs 241 Cr Fine on P&G Companies
The National Anti-Profiteering Authority (NAA) has imposed a fine of Rs 241.5 crore on Procter & Gamble Home Products, Procter & Gamble Hygiene & Health Care Ltd....