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GST fraud of Rs. 630 crs- CGST Ghaziabad arrested 1 person
CGST Ghaziabad arrested 1 person in follow up of an earlier case which involved GST fraud of Rs. 630 crs. in value and fake ITC of approx 100 crs. by creating 50 bogus firms, using multiple PAN, mobil...
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Fake ITC & bogus billing: CGST Bhiwandi Commissionerate arrests a businessman
CGST Bhiwandi Commissionerate arrests a businessman involved in passing of fake ITC and bogus billing A businessman involved in Fake Input Tax Credit racket has been arrested by the officers of Bhiwan...
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Scope of penalty to be assigned to Faceless Penalty Scheme, 2021- Reg.
F No. 187/4/2021-ITA-I Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi Dated, the 10th March, 2022 ORDER Subject:- Order under Para...
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DD India on Yupp TV – Global OTT Platform widens reach
In pursuance of its vision to expand the global reach of DD India channel, to put forth India’s perspective on various international developments on global platforms and to showcase India’s culture an...
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Ministry of Education clarifies regarding fake websites
Clarification regarding fake websites It has come to the notice of the Ministry of Education that in order to dupe innocent applicants several websites have been created with the name similar to the s...
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Union Finance minister confers Presidential awards to CBIC officers
President’s Awards 2021 & 2022 Investiture Ceremony The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman was the Chief Guest at the Investiture Ceremony for the conferment of the...
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CBI Arrests A CGST Superintendent & Inspector In Bribery Case
CBI REGISTERS A CASE AGAINST POSTAL OFFICIAL ON THE ALLEGATIONS OF MISAPPROPRIATION OF RS.1.62 CRORE (APPROX) AND CONDUCTS SEARCHES The Central Bureau of Investigation has registered a case against th...
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GST Council Newsletter for the month of February, 2022
GST Revenue collection for February, 2022 Rs. 1,33,026 crore Gross GST Revenue collected for February, 2022 The gross GST revenue collected in the month of February, 2022 is Rs. 1,33,026 crore of whic...
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Cabinet approves setting up of National Land Monetization Corporation as a SPV
Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization The Union Cabinet, chaired by Prime Minister Shri Nar...
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MCA 21 Version 3- LLP Filing – Issues/ Feedback (If any)
As you would be aware, the Ministry of Corporate Affairs has commenced system migration to a new version – Version 3 of the MCA portal and in this regard, as the first phase, the go-live of the revise...
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Govt reopens application window for PLI Scheme for White Goods
Government reopens application window for PLI Scheme for White Goods (ACs and LED Lights) from 10th March to 25th April 2022 to give second chance to prospective investors to take benefits of the Sche...
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Union budget 2022-23 encourages power of youth: Smt. Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages the potential of youth, their technological skills and entrepreneurial spirit. “In the 75th year of o...
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Woes and sufferings of business community
Confederation of All India Traders “Vyapur Bhawan” 925/1, Naiwala, karol Bagh,New Delhi-110005. Phone: +91-11-45099884, Telefax:+91-11-45032665 Ref No.: 3371/1/50 Shri Narendra Modi Hon’ble Prime mini...
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Comments invited on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’
Invitation for public comments on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs’ The International Financial Services Centres Auth...
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RBI Monetary Policy and Central Bank Communication
Monetary Policy and Central Bank Communication (Address by Shri Shaktikanta Das, Governor, Reserve Bank of India – March 4, 2022 – Delivered at the National Defence College, Ministry of Defence, Gover...
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CBI arrests A CA & A Joint Commissioner CGST in alleged bribery case
CBI ARRESTS A CHARTERED ACCOUNTANT AND A JOINT COMMISSIONER IN AN ALLEGED BRIBERY OF RS.FOUR LAKH; RECOVERS CASH OF RS.7.4 LAKH(APPROX) The Central Bureau of Investigation has arrested a Chartered Acc...
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Section 35(1)(ii): CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’
CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’ under the category ‘University, College or Other Institution’ for Scientific Research for section 35(1)(ii) of Income-tax Act, 1961 read with...
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29 year old man arrested for involvement in fake GST ITC racket
CGST Commissionerate, Raigad arrests 29 year old involved in fake GST Input Tax Credit racket As a part of the special Anti-Evasion drive launched by CGST, Mumbai Zone against the fraudsters and tax e...
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Exporter arrested for GST fraud
The officers of Anti Evasion wing of Thane CGST Commissionerate of Mumbai zone have arrested an exporter who is Director of a Private Limited Company, for fraudulently claiming GST Input Tax Credit (I...
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Geo-location enabled for for new GST registration & amendment
GSTN enabled a new feature of Geo-location for new registration and amendment of address for existing registration The Goods and Services Tax Network (GSTN) has enabled new feature of Geo-location for...