The investigation has revealed a sophisticated network of bogus companies engaged in fraudulent Input Tax Credit (ITC ... generating fake invoices and e-way bills to create a facade of genuine ...

The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...

Thane CGST officers busted a ₹140 crore fake GST invoice racket led by Mahamad Sultan Kapadiya, who created 18 dummy firms for fraudulent ITC claims.

Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that a reduction in goods and services tax (GST) can be expected. She stated that the GST Council is currently working on ...

Centre's decision to amend a section of the Good and Services Tax (GST) Act retrospectively in the Union Budget for 2025-26 may face legal scrutiny, as the government’s review petition on a ...

Summary: GST officials have raised tax demands of approximately ₹1 lakh crore due to fake invoices for the 2017-18 financial year. Taxpayers who can substantiate their invoices with proper ...

Time is running out to take advantage of Canada’s GST/HST break as the three-month tax holiday winds later down this week. Parents of young children may wish to stock up on diapers or purchase toys, ...

The exemption is the gift and estate tax lifetime exemption. The GST Tax Exemption GSTs still serve as tools for high-net-worth individuals to transfer wealth at a lower tax rate even with the ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it could be pathetically low if half of them is pulled out willy-nilly thanks to ...

There's no catch-all service that can help anyone file for free. But there is likely an option for everybody. Danni Santana has spent seven years as an editor and business journalist covering ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Under this mandate, NFRA conducted audit quality inspections of the Chartered Accountant Firms M/s Price Waterhouse Chartered ...