In 2020-21, as many as 12,596 cases of GST evasion were detected, while in 2022-23, the cases rose by 23.5 percent to 15,562
Finance

GST evasion cases surge 23.5% in 2 years; 166% rise in...

PGurus Newsdesk - 0
As many as 55,000 one-time cases were opened following a Supreme Court order
Finance

1 lakh notices sent over non-filing returns & misrepresentation of income,...

PGurus Newsdesk - 0
Till July 2, FPIs have invested Rs.43,804 crore in India, including investment through stock exchanges, primary market and bulk deals
Finance

India largest recipient of FPI flows; Rs.43, 804 crores invested in...

PGurus Newsdesk - 0
The Minister was replying to a question on the number of Chinese handset companies which have evaded taxes and made illegal remittances in India
Finance

Chinese mobile companies evade Rs.9,000 crore in tax in India, Rs.1,629...

Team PGurus - 1
Circular clarifies that taxpayers can also adopt for a cross charge mechanism and bill the branches by adopting the value as per Rule 28
Finance

Centre issues clarification on input tax, levy of tax on subsidiary...

PGurus Newsdesk - 0
Taxpayers have to file the returns for 2022-23 with the assessment year being 2023-24
Finance

Deadline to file IT returns won’t be extended; Govt urges taxpayers...

PGurus Newsdesk - 0
The tax on online gaming companies would be imposed without making any differentiation based on whether the games required skill or were based on chance
Finance

GST Council decides to impose 28 pc tax on turnover of...

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Council's Fitment Committee had recommended to the GST Council that MUVs and XUVs should be defined at par with SUVs for levying GST
Finance

GST Council likely to take a call on taxing heavy utility...

PGurus Newsdesk - 0
Of the total Rs.1.61 lakh crore collected in June, CGST was Rs.31,013 crore, SGST was Rs.38,292 crore, IGST was Rs.80,292 crore
Finance

High GST collection reflects India’s vibrant economic trend

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Aadhaar e-KYC service continues to play a key role in the banking and non-banking financial services sectors
Finance

Aadhaar-based face authentication transactions touches 10.6 million, an all-time high since...

PGurus Newsdesk - 0
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