CBIC has cautioned taxpayers about fraudsters issuing fake summons for GST violations, resembling official documents by using the CBIC logo and fake Document Identification Numbers (DIN). Taxpayers can verify the authenticity of any communication, including summons, via the ‘VERIFY CBIC-DIN’ tool on the CBIC website (https://esanchar.cbic.gov.in/DIN/DINSearch). If a communication is identified as fake, taxpayers should promptly report it to the relevant DGGI or CGST office for action. This measure aims to prevent fraud and protect taxpayers. The CBIC’s Circular No. 122/41/2019-GST outlines mandatory DIN usage on official communications.
Read MoreAs we embark on our journey to achieve the vision of ‘Viksit Bharat by 2047,’ there is little doubt that tax policy will play a key role in realizing it.
Read MoreSachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting consumption, boost manufacturing competitiveness to support job creation and tap the demographic potential, emphasis on agriculture via higher allocation for agri r&d, farmers' welfare and policy reforms, continued capex emphasis to close india's infrastructure gap in areas like power, and transportation, and fiscal discipline with focus on reducing the debt-to-gdp ratio."
Read MoreFinance minister Nirmala Sitharaman’s eighth union budget, set to be presented on 1 February, provides a critical opportunity to boost Indian economy's slowing consumption momentum through income tax cuts. There is a compelling case for this move: tax relief announced in the budget in July last year offered minimal benefits to low-income groups and, when adjusted for inflation, worsened the situation for high-income groups, a Mint analysis showed.
Read MoreUnion Budget 2025: Real estate sector experts anticipate policy measures to address financing, taxation, and infra issues, which are crucial for the sector's recovery and long-term growth.
Read MoreWith its unwavering focus on engineering excellence, timely execution, and sustainable practices, BTL EPC Ltd continues to build its legacy as a trusted partner in India’s industrial growth.
Read MoreFinance minister Nirmala Sitharaman is all set to present the budget for FY26 on 1 February. The upcoming Union budget presents a unique opportunity to accelerate the growth of India’s pharmaceutical and life sciences sector. By allocating substantial funds for healthcare, enhancing the accessibility and affordability of life-saving medicines, prioritizing cutting-edge research, and advancing infrastructure, the government can drive growth, foster innovation, and boost global competitiveness in this vital sector.
Read MoreUnion Budget 2025 Expectations Live Updates: Industry watchers are awaiting a host of measures from Finance Minister Nirmala Sitharaman. From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, hopes are high for from income tax slabs, GST rationalisation, infrastructure allocation, and regulatory updates, to address economic distress and consumer sentiment.
Read MoreUnion Budget 2025 Expectations Highlights: Anticipation is running high among industry stakeholders and citizens as we get nearer to Finance Minister Nirmala Sitharaman's Budget announcement. From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, hopes are high for income tax cuts, GST sops and other initiatives.
Read MoreUnion Budget 2025 Expectations Live Updates: From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, among others — all stakeholders are holding high hopes for Union Finance Minister Nirmala Sitharaman's eighth Budget speech in February.
Read More