- 19 Sep 2022 05:49 PM
- New
Better utilize AI, data-analytics & other technologies to identify tax evasion
We need to better utilize AI, data-analytics, IoT and other technologies to identify fraudulent practices, such as detection of tax evasion and better train officials on these aspects : Nirmala Sitharaman
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- 16 Sep 2022 05:41 PM
- New
GST collection likely to cross ₹1.5 lakh crore from October: Revenue Secretary
The Goods and Services Tax (GST) collection may top ₹1.5 lakh crore from October, Revenue Secretary Tarun Bajaj said on 14 September.
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- 16 Sep 2022 05:46 PM
- New
CBIC develops system for online monitoring of GST audits
The tax authority’s online monitoring of audits assumes significance given that it is keen to ensure there is no revenue leakage while ensuring that the audit process does not become burdensome on tax payers
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- 16 Sep 2022 05:50 PM
Focus on quality, not cost: Nitin Gadkari tells auto makers
While speaking at the 62nd annual session of the Society of Indian Automobile Manufacturers (SIAM), Union Minister of Road Transport and Highways, Nitin Gadkari on Thursday asked automobile manufacturers to focus on quality over cost.
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- 16 Sep 2022 05:53 PM
Reforms of 1991 were incomplete, says Nirmala Sitharaman
NEW DELHI : Finance minister Nirmala Sitharaman on Thursday said that India could have become the fifth biggest economy in the world earlier itself, but for the philosophy of socialism which relied on centralised planning.
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- 16 Sep 2022 05:58 PM
Capex by state governments picks up pace in July, says Care Ratings
MUMBAI: Capital spending by 21 states picked up pace in July, although their combined expenditure in the April-July period was marginally lower year-on-year, Care Ratings said in a report.
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- 16 Sep 2022 06:01 PM
Gadkari asks OEMs to offer discounts to incentivise scrapping, bats for GST concession
NEW DELHI: Union Minister for Road Transport & Highways Nitin Gadkari has urged automobile manufacturers to offer discounts to people for new purchases of vehicles against scrapping of old ones.
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- 14 Sep 2022 05:32 PM
Delhi's GST collection sees incremental growth in first quarter of FY 22-23
The GST collection of Delhi government has seen an incremental rise in the first quarter of the financial year 2022-23.
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- 13 Sep 2022 03:18 PM
Shift in economy calls for review of tax framework
NEW DELHI : The legal framework of goods and services tax (GST) and customs, as well as officials working in the tax administration, need to be ready to deal with the shifts taking place in the economy, such as the expansion of the circular economy and growth in clean energy, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said.
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- 13 Sep 2022 03:24 PM
8 New Functionalities for Taxpayers on GST Portal (August, 2022)
Source: https://taxguru.in/goods-and-service-tax/functionalities-taxpayers-gst-portal-august-2022.html
New Functionalities made available for Taxpayers on GST Portal in August, 2022 includes Enabling CORE Amendment Link For Taxpayers who fail To Update Bank account, Changes implemented in Form GSTR-3B, Late fee waiver up to 28th July, 2022, for delayed filing of return in Form GSTR-4 (Annual) for the FY 2021-22, Generation of GSTR-11 based on GSTR-1 / 5 for UIN holders, HSN based validation implemented in Form GSTR-9, Changes in HSN length validation in Form GSTR-1, Filing for Refund in Form RFD-01 for exports without payment of tax and Updation of Statistics on GST Portal.
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