Finance - general
Taxpayers claim Rs65,000-cr of Rs95,000-cr GST paid as input tax credit
16 Sep 2017
The Central Board of Excise and Customs has now asked tax officials to verify GST transitional credit claims of over Rs1 crore made by 162 entities
British MPs accuse Amazon, eBay of abetting online tax fraud
14 Sep 2017
According to HM Revenue and Customs’ estimates, taxpayers must have lost £1.5 billion from overseas sellers illegally selling goods into the UK without paying VAT
JNU, DU among hit as govt clamps down on FCRA violations
14 Sep 2017
Registration of these institutions under the Foreign Contribution Regulation Act has been cancelled in view of their failure to file annual returns for five consecutive years
SUV prices to zoom; GST council lowers rates on 40 daily use items
11 Sep 2017
With the higher cess on SUVs and luxury cars, the overall GST on them is now 50 per cent while the cess on midsized cars and smaller vehicles has taken the total GST impact on them to 45 per cent and 47 per cent respectively
Government freezes bank accounts of over 2 lakh suspected 'shell' companies
06 Sep 2017
Directors and authorised signatories of these de-registered companies will not be able to operate bank accounts without the sanction of the National Company Law Tribunal
RBI clueless on amount of black money killed by note ban
05 Sep 2017
The RBI said it has traced some counterfeit currency in the money deposited post demonetisation but a major part of such counterfeits that were in circulation without RBI's knowledge is still out of its reach
Demonetisation drive a big success, claims govt
31 Aug 2017
RBI to soon issue new series of Rs50 notes
19 Aug 2017
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