In a renewed crackdown on tax evasion, the income tax department has started re-examining several previously concluded assessment cases. The reassessment cases are largely focused on businesses ...
When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...
Blinkit has rolled out a feature that allows businesses to add their GSTIN (Goods and Services Tax Identification Number) while purchasing products on the platform. According to CEO Albinder Dhindsa, ...
The scheme is in the process of being finalised, they said, adding it could be launched as early as this month. (Image: Reuters) Individuals may soon get rewarded for uploading GST invoice on a mobile ...
The GST Council is likely to vet the lottery scheme in its next meeting on March 14. The government is planning to launch lottery offer under the Goods and Services Tax (GST) from April 1 by ...
Fake GST Bill: For some time now, GST officials have been trying to stop GST fraud. According to the GST Council, most of the GST fraud in the country are done through fake invoice bills. Goods and ...
Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in Cuttack, an official said on Friday. SK Lohani, ...
From 1 April, businesses with sales of over ₹50 crore will have to generate e-invoices for B2B transactions.bloomberg The practice among small businesses of issuing ‘kacha bills’ or informal sales ...
Individuals may soon get rewarded for uploading GST invoice on a mobile app as the government is likely to launch the long awaited 'Mera Bill Mera Adhikar' scheme soon. Under the invoice ...