GST council approves key reforms, defers decision on insurance premium tax cuts

Image Source : X Nirmala Sitharaman chaired the 55th GST Council Meeting The Goods and Services…

Netflix faces scrutiny in India for visa violation, racial discrimination claims, says report | Mint

India is investigating the business practices of U.S. streaming giant Netflix’s local operations, including allegations of…

Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

CAG has asked the Finance Ministry to identify high risk taxpayers in the GST composition scheme…

Tax evasion vs tax avoidance: How are the two different?

Tax evasion and tax avoidance are distinct concepts, despite both aiming to minimise tax payments. Tax…

IT Raids: Officials search premises of TMC Minister’s brother Swarup Biswas for second day

Security personnel outside the residence of Swarup Biswas, brother of West Bengal Minister Aroop Biswas, during…

IT Raid: Income Tax department conducts searches at TMC leader Swarup Biswas’s residence

Income Tax department | Photo Credit: PTI Officials of the Income Tax (IT) investigation wing are…

Delhi L-G writes to CM on alleged GST, advises detailed probe

Lieutenant-Governor Vinai Kumar Saxena wrote to Chief Minister Arvind Kejriwal after taking note of media reports.…

Tax implication in transactions between spouses

Many people hold a common misconception that transactions between spouses are entirely exempt from tax implications.…

Govt reviews legal framework to remove gaps

NEW DELHI : The government is reviewing the country’s legal framework to identify gaps that financial…

I-T dept initiates comprehensive profiling of HNIs involved in tax evasion

The Income Tax Department is fully prepared to take stringent action against high-net-worth individuals (HNIs) who…