₹427 crore bogus GST billing racket busted, two held
The central GST commissionerate, Ludhiana, has busted a nexus of 32 bogus firms that fraudulently claimed ₹65 crore as input tax…
Category: News
HC notice to DGGI after GST officials coerce man into paying Rs 9 cr tax
Gujarat High Court passed a stricture against the officers of the Director General of GST Intelligence (DGGI) in the case…
Fake GST billing scam of Rs 513 crore unearthed
After extensive raids conducted in Bhavnagar, Ahmedabad and Gandhidham, by the enforcement wing of the state goods and services tax…
CA arrested for collecting GST of Rs. 12.67 crore and withholding from onward deposit to Govt
The Directorate General of GST Intelligence (DGGI), North Zone, Gurugram, has arrested Shri Harish Kumar Rampal, Chartered Accountant, proprietor of M/s…
GST fraud of Rs 940 cr busted, 340 bogus firms under lens: 6 arrested
With the arrest of six persons, including the kingpin, Delhi Police’s Cyber Crime Unit (CyPAD) has busted a GST refund…
Fake GST invoice fraud: Now, ICAI initiates disciplinary proceedings on 8 arrested CAs
The CA Institute has initiated disciplinary proceedings against the eight chartered accountants who have been arrested in the nationwide drive…
Budget 2021: GST discount to ₹5 lakh rebate on home loan interest, what real estate sector wants
From more rebate under Section 24 of Income Tax Act to measures to improve liquidity, here are the key things…
Budget 2021: Auto industry optimistic about recovery from pandemic; expects cut in GST rates
The removal of restrictions to avail the input tax credit of GST paid on automobiles for businesses would make vehicles…
Nationwide Strike of Tax Consultants Against The Provisions of GST Law
Pune, 25 January 2021: Tax consultants, traders, chartered accountants and other stakeholders across the country have rallied against the oppressive…
Eight Chartered Accountants arrested for GST fraud
“One CA was arrested on Saturday along with his four businessmen in Jaipur for operating 25 fake firms to fraudulently…
Budget 2021 : Govt likely to leave tax slabs intact but some relief likely, says reports
In a dampener for the common man, reports suggest that the government is likely to keep income tax slabs in…
Budget 2021 : Expectations and impact on the automobile industry
The Budget 2020 offered limited benefits to the automotive industry and encouraged localisation. Soon after the announcement, the country was…