In a renewed crackdown on tax evasion, the income tax department has started re-examining several previously concluded assessment cases. The reassessment cases are largely focused on businesses ...

Nagpur: The GST intelligence wing that caught a trading firm suspicioulsy recording only sales in its books and no purchases eventually unearthed an intricate web of fake input tax credit racket ...

GST has been a stable source of revenue, contributing to a diversified base of government revenue for funding public goods and services, the IRAS said. The GST Council in its 27th meeting discussed ...