A total tax evasion of Rs 2,500 crore has been detected of insurers by the DGGI till now, of which…
The ministry of corporate affairs has notified changes to the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023.
Group on rate recast to get new chair with Bommai’s exit.
The move follows recent investigations that revealed that undue tax credits accumulated through fake invoices are being used for hawala…
Firms applying for removal of their names from the Register of Companies will have to file financial statements and annual…
The finance ministry has decided to lower the threshold for mandatory e-invoicing under the goods and services tax (GST) to…
The ambit of the Prevention of Money Laundering Act (PMLA), 2002 is being cast wider, as the government has resorted…
The Centre plans to set up a new production unit for manufacturing concentrated poppy straw (CPS) for extraction of semi-refined…
AI, data analytics to curb tax evasion
According to a senior official, the ministry hopes to “initiate, if not complete, most of the work on the project…
It is understood to have sought data on various health insurance schemes being run by different ministries to understand how…
In a move that is expected to help businesses as well as reduce litigation, a Model All India GST Audit…
Go First creditors must guard against possible deep haircuts: Experts
Tax authorities are set to crack down on the menace of fake invoicing in the Goods and Services Tax regime.
They will also have to conduct know your customer norms before starting each specified transaction.
Negotiations between the Indian Banks’ Association and the United Forum of Bank Unions have been completed but the proposal has…
The bank’s capital adequacy ratio was 17.1% as of March 31, 2023, marginally lower than 18.54% a year ago.
The earlier deadline was May 3.
