The Investigation Directorate of Income Tax Department, North East Region has initiated strict measures to monitor the movement of unaccounted cash and its potential role in influencing the 2024 Lok Sabha election process in Assam. In a proactive move, the …
The accused, identified as Kunal Mehta alias Goldy and a resident of Haryana’s Hisar, was wanted by the Noida Sector 20 police station for his role in the GST Scam An accused linked to the Noida Police’s investigation into the …
P. Sarath, son of a senior TDP Leader arrested by the Machavaram Police under the Vijayawada Police Commissionerate on February 29. The police allege that Sarath, as the former director of Avexa, defrauded the state government of crores of rupees. …
Union Finance Minister Nirmala Sitharaman is poised to inaugurate a pivotal one-day National Conference of Enforcement Chiefs of State and Central GST formations in the heart of New Delhi on Monday, March 4, 2024. This significant event, organized by the …
Maharashtra Anti-Corruption Bureau Books Sales tax Officer and 16 Traders for Rs 175.93 Crore GST Fraud. Charges framed under several sections of PCA and IPC In a significant development, the Maharashtra Anti-Corruption Bureau (ACB) has unearthed a massive Rs 175.93 …
FIU-IND has imposed a penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd for breaching obligations under the Prevention of Money Laundering Act (PMLA) and its associated rules Penalty of 5.49 Cr imposed on Paytm Payments Bank: According to a …
A startling scam has been uncovered in Uttar Pradesh, revealing a scam where fraudsters exploited hand pumps to claim false refunds using the Inverted Duty Structure (IDS) mechanism under GST. GST Scam Unearthed: Under normal circumstances, taxes on inputs are …
Diamond Trader of Katargam (Surat) Looted of Rupees Eight Crores by a Man Posing as Income Tax Officer Diamond Trader Robbed by Fake Income Tax Officer: A shocking incident unfolded in the Katargam region as a diamond trader fell victim …
Authorities allege that this person has been orchestrating this GST scam for the past five years In a significant development, a 29-year-old man was arrested from Delhi for his alleged role in a massive GST scam amounting to Rs 10,000 …
This GST Fraud came to light when a Noida resident and editor of a media firm lodged a complaint GST Fraud: The Noida police recently took action to attach immovable assets of two individuals from Delhi, following their arrest in …
Congress Party emphasized that the Income Tax Department should halt any further action until the outcome of the stay application pending in ITAT The Indian National Congress has found itself in the midst of a financial tussle with the Income …
Persons accused in this GST Fraud have been charged under various sections of the stringent GUJCTOC (Gujarat Control of Terrorism and Organised Crime) Act, 2015 In a major crackdown, authorities have apprehended twenty key suspects involved in an alleged Goods …
Three Arrested on Extortion while Posing as GST Officers and Demanding Money from Motorists in Jalpaiguri In a recent development, three individuals have been apprehended under suspicion of extortion while masquerading as GST officers. Identified as Subhajit Ghosh, Rupesh Tirki, …
Following the BJP government’s formation in Chhattisgarh, the state GST department cracking down on tax evaders. Raids reveal significant amounts surrendered, with a flower seller and transporter among those surrendering millions. GST Raids in Chhattisgarh: In the wake of the …
Department of Revenue, Ministry of Finance, invites applications for appointment to the posts of the Judicial Members, Technical Members (Centre) and Technical Member (State) in Principal Bench and States Benches of GST Appellate Tribunal Applications Invited for Appointment of GSTAT …
Insurance agents have been served notices under the Benami Transactions (Prohibition) Amendment Act, 2016 In a significant revelation, the Income Tax (I-T) Department has uncovered a staggering Rs 25,000 crore benami deal within the insurance sector. The probe sheds light …
Action of Anti-Corruption Bureau was in Response to a Complaint by an Export Company In a recent development, the Anti-Corruption Bureau (ACB) has apprehended Pankaj Khurana, a chartered accountant (CA), and Prem Raj Meena, a Central GST superintendent, on charges …
This Raid is a Part of an Extensive Investigation Against a Former MLA & MP Suspected in Significant Tax Evasion and Accumulating Disproportionate Assets The Income Tax Department’s Investigation Wing recently carried out a raid at the residence of former …
Bribe Demand was Confirmed during the Course of the Investigation, Leading to the Registration of the FIR In a recent development, an Assistant Commissioner of Maharashtra’s tax department, along with several other officers from the State GST department, has come …
Recommended a reduction in GST rates applicable to various health insurance products, including retail policies for senior citizens and micro-insurance policies, along with term policies The Standing Committee on Finance has recommended a reduction in the Goods and Services Tax …