What Puja Is Nirmalaji Performing?

Finance Minister Nirmala Sitharaman chaired the 48th meeting of the Goods and Services Tax Council in New Delhi on Saturday. The FM then flew to Chennai on Sunday to inaugurate Nandavanam, the......

Tax raids in UP on 'Samajwadi' perfume maker

The Income Tax department on Friday raided multiple premises linked to perfume traders and some others in Uttar Pradesh as part of a tax evasion investigation, official sources said. IMAGE: SP......

'Biggest haul ever': Rs 150 cr in cash seized in tax raids on UP firm

Vivek Johri, the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on Friday said that the cash recovery of approximately Rs 150 crore from searches in Kanpur at several locations......

Airlines told to share international fliers' PNR with customs

Airlines will have to mandatorily share PNR (passenger name record) details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help......

Infosys under probe for alleged GST evasion of Rs 32,403 cr

India's second largest IT services company Infosys has been slapped with a 'pre-show cause' notice for alleged GST evasion to the tune of about Rs 32,403 crore. Photograph: Vivek Prakash/Reuters......

Why gold import computation went wrong

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures......

20,000 GST Notices Issued For Rs 800 Bn Taxes

About 1.2 trillion tax evasion cases have been detected and as many as 59,000 entities identified for verification in order to ascertain whether they are fake. Illustration: Dominic......

Foreign cos get GST relief on loans to Indian arms

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Illustration: Uttam......