Corporate tax

Companies Receive Notices Over Late ITC Claims

The indirect tax department has released notices to various companies that have…

The e-invoicing system: Its journey since the inception of GST

The Goods and Service Tax (GST) system has seen many changes since…

Government to collect Rs 46,000 crore as interest for GST late payment

The Central Board for Indirect Taxes and Customs (CBIC) has come up…
GST Revenue

What Economic Survey 2019-20 Says About GST

The introduction of GST has been a game-changer for the Indian economy…

Exporters to Follow the Standard Operating Procedure (SOP)

A circular about the prevention of malpractices and fraud was released on…

How Will the e-Invoicing System Impact Businesses?

The GST Council decided to introduce electronic e-invoicing in phases voluntarily with…

Issues under e-invoicing system may concern taxpayers

A new concept of e-invoicing was introduced under GST. It is optional…
GST

Government makes an upward revision to the GST revenue targets

The Ministry of Finance has raised the bar for the GST collections…

Government Cracks on GST Evaders Via Data Analytics

The Revenue Department has detected as many as 931 fraudulent GST refund…
GST Revenue

Claiming fake ITC may become a non-bailable offence for buyers

The government is taking continuous steps to plug revenue leakages to achieve…