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Breaking: Key Takeaways from 32nd GST Council Meeting, GST exemption Limit Hiked

The 32nd GST Council meeting concluded in New Delhi with a catena of changes in the present Goods and Services Tax regime. In a significant move, the...

Corruption Case: Sessions Court rejects Bail Applications of CA, IT and IRS Officers

GST Council to meet Today, GoM nods for MSME Relief and Calamity Cess

NAA receives 360 Profiteering Complaint in April to Nov

Govt yet to implement filing of GST Returns on Quarterly basis

Auditor can’t Issue Valuation Certificates to Auditee Company: ITAT [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that an internal auditor cannot issue valuation certificates to the companies they are auditing. The Tribunal, while...

MCA re-constitutes Governing Council and Steering Committee of NFCSR [Read Order]

The Ministry of Corporate Affairs ( MCA ) has re-constituted Governing Council and Steering Committee of National Foundation for Corporate Social Responsibility ( NFCSR ). The Ministry has also...

Two GST Officers held for accepting Bribe

The Anti-Corruption Bureau has arrested two officers of the Goods and Service Tax ( GST ) Department, Srinagar for demanding and accepting a bribe from an industrialist for issuing a clearance...

GST Evasion: Rs. 9959.29 crore recovered till Dec, says Shiv Pratap Shukla

Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Rajya Sabha last day said that the State has recovered Rs. 9959.29 crore till last month under the GST...

Budget Session from Jan 31st to Feb 13, Arun Jaitley to announce Budget on 1st Feb

As the Lok Sabha elections to be held in May 2019, the last budget of the NDA Government will be presented on 1st February by the Union Finance Minister Arun Jaitley. The session of the Parliament...

GST: Non-compliant Businesses can’t generate E-Way Bill

With a view to curbing the tax evasion, the finance ministry has barred the businesses who do not file GST returns from generating e-way bills, Financial Express reported. The Ministry has barred...

Gypsum Board Taxable at 4% under Rajasthan VAT Act: Supreme Court [Read Judgment]

A three-judge bench of the Supreme Court has held that the lower tax rate of 4 percent is applicable to Gypsum Board under the Rajasthan Value Added Tax Act, 2003. The question before the bench...

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