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Assets amounting to Rs 289.28 crore have been seized under section 37A of the Foreign Exchange Management Act, 1999

Proceeds of the crime of over Rs.1000 cr of cyber and crypto assets frauds...

PGurus Newsdesk - December 12, 2022 0

ED investigating several cases related to cyber and crypto assets fraud On Monday the Central government informed the Lok Sabha that proceeds of crime of...

CCPA concludes that pricing covers both production and service costs and hence a separate service charge is not needed

Consumer Protection Authority bars hotels and restaurants from levying service charges

Team PGurus - July 4, 2022 1

The new guidelines against ‘service charge’ Reacting to numerous complaints from consumers, India’s Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from...

Pizza toppings are sold as a type of ‘cheese topping’ but contain vegetable fat in substantial portions, the Haryana AAAR said

‘Pizza topping is not just pizza, so it will result in a higher GST...

PGurus Newsdesk - March 15, 2022 2

Pizza toppings prepared differently, should be charged 18% GST The Haryana appellate authority for advance ruling (AAAR) has ruled that a pizza topping is not...

The investigating team had initially detected five firms that were availing and utilising fake Input Tax Credit of Goods and Services Tax

CGST officials bust syndicate of firms involved in tax evasion of Rs.85 crore

PGurus Newsdesk - March 12, 2022 0

Fake GST Input Tax Credit (ITC) racket busted by CGST Delhi officials In a major crackdown on GST evasions, the CGST Delhi East Commissionerate officials...

Fraudulent entities generate GST value of about Rs.220 crores and an inadmissible amount of Rs.34 crores

GST officers bust Rs.34 crore input tax credit fraud on specific inputs

PGurus Newsdesk - November 14, 2021 0

Input tax credit fraud of Rs.34 cr through bogus GST invoices unearthed The Finance Ministry mentioned on Sunday that the GST officers have unearthed Rs.34...

The Revenue dept clears the confusion about certain categories of services for GST rates and the exemptions

Revenue dept clarifies GST rates and exemptions on certain services

PGurus Newsdesk - October 18, 2021 0

GST rates: Confusion for taxpayers than bringing in simplicity To clear the confusion created by differential tax rates and their applications, the Revenue Department has...

Congress questioned whether Modi govt even considers Sandesara brothers as fugitive economic offenders, why oil PSUs were repeatedly engaging in business with offenders

Congress accuses BJP Govt of importing crude oil worth Rs.5701 crore from fugitive Sandesara...

Team PGurus - October 11, 2021 1

Congress alleges oil PSUs doing business with economic offenders The Congress on Monday alleged that the BJP Government was purchasing goods and services from fugitives...

Sloppy performance of Govt. portals maintained by Infosys is causing concern – will it act?

Finance Ministry summons Infosys CEO for unending glitches in the new Income Tax portal....

Team PGurus - August 22, 2021 0

Finance Ministry summons Infosys CEO Salil Parekh on new IT portal's continual glitches The leading software firm Infosys is becoming a real embarrassment to the...