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A team of central tax officers has arrested the director of a private firm who failed to pay taxes within the stipulated time in the new indirect tax regime.

Arrest for GST default signals strict enforcement of new law

Experts say search and seizure provisions rather harsh.

10 April 2018 11:32 AM IST

The dates for filing the reconciliation statement has also been extended accordingly.

GST structure: key challenges and its solutions

Govt on several occasions has given clarifications to reduce ambiguities and make the process smooth and easy.

19 Nov 2019 11:07 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

For every rupee in govt kitty, 70 paise comes from direct, indirect...

The collection from GST has been pegged at 21 paise as a percentage of every rupee earned.

1 Feb 2019 3:51 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Net direct tax collection crosses Rs 10 lakh crore mark

Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for...

19 March 2019 1:59 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST Council to consider implementation of lower GST rates for realty...

GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.

18 March 2019 2:44 PM IST

Govt approves Adani Power's Rs 14,000-cr J'khand SEZ project

The project was approved by highest decision making body on SEZ - Board of Approval - chaired by the commerce secretary.

3 March 2019 10:47 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

CBIC asks GST officers to be cautious while processing fresh...

A large number of registrations has been cancelled by tax officers on account of non-compliance.

3 April 2019 1:21 PM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)

SC agrees to examine power of tax authorities to arrest individual for...

The bench also asked all the high courts to keep in mind, while dealing with grant of anticipatory bail in GST evasion...

29 May 2019 11:43 AM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Tax body seeks extension of GST return filing by four months

Govt has made the entire GST procedure and filing of returns very 'confusing with hundreds of changes in the rules and...

19 Jun 2019 4:31 PM IST

Finance Minister Nirmala Sitharaman

7 indirect tax-related laws being amended: FM Sitharaman

The government would also be bringing changes to seven laws related to direct taxes.

18 July 2019 3:00 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Economic Survey: GDP ratio dips to 10.9 pc on shortfall in indirect...

In 2018-19, direct taxes grew by 13.4 per cent owing to improved performance of corporate tax.

4 July 2019 3:11 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

Country-wide intra-state e-way bill system mandatory from June 3

Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.

22 May 2018 7:23 PM IST