Though the Budget is trying to boost growth by spurring consumption, the dip in capex and revenue expenditure is a worrying ...

The Indian government refutes claims that GST complexities hinder business operations, stating that the tax structure follows GST Council recommendations, comprising four main slabs—5%, 12%, 18%, and ...

Goods and Services Tax (GST) evasion of over Rs 1.88 Lakh Crore was detected by Central GST officers during April-December 2024, the Lok Sabha was informed on Monday. Minister of State for Finance ...

Central GST officers detected over ₹1.88 lakh crore GST evasion, including ITC fraud, in 72,393 cases from April to December ...

Over Rs 1.88 lakh crore in GST evasion was detected by Central GST officers between April and December 2024, with 132 arrests ...

Central GST officers detected over Rs 1.88 lakh crore in GST evasion during April-December 2024, including ITC fraud cases.

The government has introduced a new Oil Industry Development Fund (OIDF) in the latest Budget to bridge the funding gap for ...

The makers of popular Marlboro and Four Square Cigarette Godfrey Phillips India Ltd hit with Rs 166 crore tax demand order ...

The share of tax revenue from tobacco products, including cigarettes and bidi, in India’s Gross Tax Revenue ranged from 1.27% in 2016-17 to a peak of 2.75% in 2019-20, before se ...