According to GSTN data, 20.75 lakh GSTINs have not filed September and October GSTR-3B, thus their facility to generate e-way bill is required to be blocked

In coordinated raids, more than 300 Income Tax sleuths swooped down on premises linked to two prominent Congress leaders in Karnataka - former deputy chief minister G Parameshwara and former MP R L Jalappa's son J Rajendra

The 12-member committee has been tasked with suggesting measures to boost GST collections, to make businesses comply with GST voluntarily, ways to better administrative coordination

Manpasand Beverages also informed the exchange that its three directors - Bipin Rathod, Uday Kamath and Jitendra Dhivare - have resigned with immediate effect

Organised bicycles manufacturers on Monday said it has become difficult to hold onto their existing market because of the \"rampant illegal practice of under-invoicing\" taking place in Ludhiana, the country's major manufacturing hub of cycles and cycle parts.

As far as the filing of returns go, section 39 of the CGST Act has been amended to introduce a new option for specified taxpayers to furnish their returns on a quarterly basis, instead of monthly

Why GST collections have been short of target. And why they may not pick up any time soon

How exactly the department is collating and using data? A look at the income tax department's action plan for 2019-20 gives an insight

The mobile industry body says the sale of high-end mobile phones in the grey market is causing an estimated loss of Rs 2,500 crore annually to the exchequer

Union Budget 2019: With an aim to promote the usage of electric vehicles, a taxpayer will now get an additional tax deduction of Rs 1.5 lakh under section 80EEB on the interest he or she pays on a loan taken to purchase an electric vehicle, provided the loan must be sanctioned between 1st April 2019 to 31st March 2023 and the taxpayer does not own any other electric vehicle on the date of sanction of loan.

Finance Minister Nirmala Sitharamans Budget is long on promises but short on ideas about fulfilling them

The Budget is promising and instils hope for a holistic economic order in coming years

Your data - good or bad, structured or unstructured, matched or unmatched or reconciled - will drive your tax destiny, while the government uses the data to create a virtual profile or 'virtual kundli' of your business.