Their only job is to issue fake bills so companies can show higher expenses, reduce taxable income, and wrongly claim GST input tax credit (ITC). Earlier, some of these tax returns were accepted ...

Batting for a simplified Goods & Services Tax (GST) regime, Parliament’s Public Accounts Committee (PAC) has recommended that the Finance Ministry undertake a comprehensive review of the GST ...

Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1. The financial year 2025-26 will start from April 1, affecting ...

The govt said: "It is noted that varied practices are being followed by the officers in respect of verification of documents ...

ICICI Prudential Life Insurance on Friday said it has received an order from GST Commissioner (Appeals) upholding tax demand of about ₹3.67 crore. On July 2, 2024, Central Goods and Service Tax ...

ICICI Prudential Life Insurance on Friday (April 18, 2025) said it has received an order from GST Commissioner (Appeals) upholding tax demand of about ₹3.67 crore. On July 2, 2024, Central Goods ...

In several cases, companies are alleged to have availed input tax credit (ITC) under GST regulations using fake invoices issued by entities known as "entry operators," which either do not exist or ...

The Kenya Revenue Authority (KRA) is set to publish a new template for taxing imported second-hand cars by July this year, as it moves to quell disquiet from dealers over inflated duty and legal ...

In an almost surreal turn of events, a man from the small village of Ratanpur in Gujarat's Sabarkantha district has received a tax notice demanding ... "They told me to go to the GST office.

In March 2022, Antojado replaced BSB and account numbers on three tax invoices, redirecting money meant for his employer Gouge Linen and Garment Services to his own personal account. One of the ...

tax evasion, and seeking fraudulent subsidies, China Media Group (CMG) reported. Guangdong Huizhou Gaofushuai Culture Media Co was detected for issuing 1,196 false invoices through shell companies ...