Petroleum ministry flags requirement of Rs 40,000 cr for H2FY22 and FY23
Pandey, however, said the question whether to exclude micro, small and medium companies (MSMCs) above a threshold from the requirement…
The ministry is keen on revenue expenditure compression in FY23, given the strong external headwinds, and wants to generate some…
The central tax authorities have booked thousands of cases involving fake ITC of over Rs 50,000 crore in the past…
The re-examination was necessitated by Goa’s plea for better understanding and differential treatment of casinos. Goa has flagged issues such…
The government has already announced that the fertiliser subsidy is likely to be higher by Rs 1.1 trillion in FY23…
“The Council at its meeting in Chandigarh on June 28-29 has given in-principle approval for formulating a margin scheme for…
Customs duty Evasion by Oppo India: Oppo India is engaged in the business of manufacturing, assembling, wholesale trading, distribution of…
The GoM, in its first report, has recommended that in case of online gaming, the activities should be taxed at…
Move amid tighter scrutiny of off-Budget loans.
The Q1 CPSE data captures investment by entities above Rs 100 crore/annum while the threshold was Rs 500 crore last…
Of course, both the options would require further extension of the cesses on “luxury and demerit goods”, beyond FY26-end. These…
Monthly gross GST collections rose to Rs 1.45 trillion in June despite a moderation in e-way bills in May, reflecting…
The tax authorities will also be able to better analyse the trends and availment of input tax credit across sectors…
Planned rates rejig to raise average rate to RNR, says CBIC chairman
The profit generated after accounting for cost from producing crude and natural gas from fields, awarded by the government under…
There was an understanding that GST revenues will grow by 14% each year. But, due to Covid no state could…
GST department is already exchanging data with the ministry of corporate affairs, so that it can be ascertained at the…
