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Syndicate Of 48 Fake Firms Availing Rs 199 Crore Worth Tax Credit Busted
GST officers have busted a syndicate of 48 fake firms which availed fraudulent input tax credit of over Rs 199 crore. The three arrested have been sent to judicial custody. Other members of the syndicate and the ring leaders have been identified.
Dealer slapped with ₹1.86-lakh fine for non-payment of GST GST officials slapped a fine of ₹1.86 lakh on a Kerala-based dealer for a consignment of plastic covers that was intercepted at Premier Junction near Kalamassery. The consignment was found to have a mix of both taxed and untaxed loads.
Satheesan accuses GST department of arm-twisting business houses to sponsor Keraleeyam Leader of the Opposition V.D. Satheesan accused the government of subverting the GST (Intelligence) department to arm-twist businesses into sponsoring the administration’s week-long Keraleeyam gala. He said the tax administration had come to a standstill in Kerala.
Satheesan accuses GST department of arm-twisting business houses to sponsor Keraleeyam V.D. Satheesan accused the government of subverting the GST (Intelligence) department to arm-twist businesses into sponsoring the administration’s week-long Keraleeyam gala.
Apollo Hospitals launch stroke network for timely response to cases Apollo Hospitals on Saturday launched the Apollo Stroke Network to respond to the needs of those with specific neurological conditions. Justice K. Kumaresh Babu of Madras High Court; Vinay, GST deputy commissioner, Chennai; Bharathi Baskar, Tamil orator and public speaker; Senthil, actor; and Rajmohan, motivational speaker participated.
The politics of No is dumbing down our democracy Australian politics has come to be defined by retreat, revenge and regression. The GST, the last landmark economic reform, came into operation under the Howard government in July 2000. Despite enacting his unpopular WorkChoices legislation, John Howard was defined towards the end of his tenure more by what he opposed than what he proposed.
Disarming Edmonton Gangs: Police curfew checks with criminals The Edmonton Police Service’s gang suppression team (GST) keeps tabs on gang members when they get out of prison. The hope is to steer individuals towards a crime-free life and, at the very least, prevent more violence from happening. GST is expanding the division, building out a second firearms investigation unit.
The politics of No is dumbing down our democracy Australian politics has come to be defined by retreat, revenge and regression. The GST, the last landmark economic reform, came into operation under the Howard government in July 2000. Despite enacting his unpopular WorkChoices legislation, John Howard was defined towards the end of his tenure more by what he opposed than what he proposed.
GST evasion in Punjab: ₹10-crore transactions in domestic help’s name GST authorities have found that this case is just the tip of the iceberg for it led to the unearthing of a network of fraudulent firms. GST investigation wing is now tracking every transaction of the firm to impose penalty for tax evasion. The state intelligence and preventive unit (SIPU) is conducting data mining and has found two more cases in which bogus billing was done.
Ramesh Chandra Lahoti is president of FKCCI Ramesh Chandra Lahoti has taken charge as president of Federation of Karnataka Chambers of Commerce and Industry (FKCCI) for the year 2023-24. He had served on several committees of FKCCI such as APMC, GST, Membership, Labour, Internal Trade, and International Trade.
'Tax vaalo ke dimaag mein kya chalta hoga...' - Ashneer Grover | Here's Why He Said This 12 online gaming companies in India have received pre-show cause notices, demanding a staggering Rs 55,000 crore in unpaid taxes. Ashneer Grover, known for his appearance on Shark Tank India, has strongly criticized this monumental GST demand notice. He argues that such demands are detrimental to India's goal of achieving a $5 trillion economy.
GST officials seize assets worth ₹19 crore from BJP leader Pankaja Munde’s sugar factory in Beed | Mint GST officials seize assets worth ₹19 crore from BJP leader Pankaja Munde’s sugar factory in Beed. Vaidyanath Co-operative sugar factory had failed to pay the GST during the Covid-19 pandemic. In April, GST officials had visited the factory.
NSW budget 2023 live updates: fast rail axed in $2.5bn infrastructure cuts NSW treasurer challenges federal government to extend GST ‘no worse off guarantee’ Daniel Mookhey has in his first budget challenged the federal government. The then federal Coalition government introduced the guarantee in 2018 to ensure no state would be worse off.
Nirmala, Kharge spar in Rajya Sabha over 'weak women' remark Rajya Sabha witnessed heated exchanges between treasury and opposition benches. Mallikarjun Kharge made remarks on the manner in which political parties select women candidates from weaker sections. Kharge also raised the issue of 'delayed' GST payments to non-Bharatiya Janata Party ruled states.
PSC exam fraud: police release image of accused The City police on Sunday released the photo of a suspected accomplice of the prime accused in the Kerala Public Service Commission (PSC) fraud case. The gang is suspected to have cheated several candidates of large sums after offering false promises of jobs in various departments including police, excise and GST department.
GST removal on rental builds won’t lower prices any time soon, experts say Prime Minister Justin Trudeau announced the immediate removal of the five per cent tax for those projects on Thursday. The idea was first put forward as a 2015 campaign pledge by the Liberals but it had never come into fruition until now. Experts say removing the GST is a good first step, but one that is a little late considering the time it takes to create more supply.
All You Need To Know About Kriti Verma, Bigg Boss Fame, Named By ED In ₹263 Cr TDS Scam The Enforcement Directorate filed a chargesheet naming 14 individuals and entities in a Rs 263 crore fraudulent Tax Deducted at Source (TDS) refund case. The reported mastermind in this scam is former Income Tax Inspector Tanaji Mandal Adhikari. Another popular person named in the chargesheet is GST Inspector-turned-actress, Kriti Verma.
TN CM Trains Gun At Centre; Says 'GST Has Taken Away Financial Rights Of States' | Latest News M K Stalin said that GST has taken away the rights of the state. Tamil Nadu has lost its rights to financial autonomy despite repeated requests from the state to extend GST compensation.
GST collection grows 11% YoY to about ₹1.6 lakh crore in August: Govt | Mint GST revenues for August 2023 grew by 11% YoY due to improved compliance and reduced evasion, says Revenue secretary. In August 2022, the collection from Goods and Services Tax (GST) was ₹1,43,612 crore. Earlier in July, the central and state governments collected ⁹1.65 trillion.
Centre Launches GST Reward Scheme In 6 States And Union Territories Centre and states has kept Rs 30-crore corpus for this fiscal for the GST reward scheme. Haryana Deputy Chief Minister Dushyant Chautala said the mobile app has been downloaded by over 50,000 people so far.
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