Page 16 - Shrimi Choudhary/workspace/business Standard Web/undefined/@shrimichoudhary

GST Council likely to meet in Dec, may take up report on e-game tax

The Council meeting was expected to be held in August in Madurai

Entities involved in trade would cease to be a charitable institution: SC

This judgement could have wide ramifications as the charitable institutions involved in any trade or commerce in the name of said provision could come under its radar

Bottom-up approach required in fixing divestment target: DIPAM secretary

'If the geopolitical situation stabilises, we'll see whether we can relaunch the (BPCL) transaction', said Tuhin Kanta Pandey

Interpol's crack team to 'follow the money' in crypto crimes, says official

Red corner notice not tantamount to international arrest warrant: Jürgen Stock

Supreme Court rejects plea by Hero MotoCorp for full budgetary support

But suggests GST Council, states consider mechanism for reimbursing eligible units

Centre hikes windfall tax on domestic crude oil, jet fuel and diesel export

The govt has hiked tax on domestically produced crude oil to Rs 11,000 per tonne from Rs 8,000 per tonne.

Run-up to Budget: Monetary threshold for GST offences may rise to Rs 25 cr

So far, the CBIC has made 960 arrests, including of 20 chartered accountants, under the current provision

ITAT rejects equalisation levy over jurisdictional grounds, setback for I-T

Assessee was subjected to disallowance of Rs.8.89 cr for not charging EQ on the AdWords charges paid to Google Singapore

Delhi HC directs L'Oreal to pay profiteered amount of Rs 186 crore

The court, which clubbed the petitions, had posted the matter for next hearing on October 19

CBIC floats new norms to curb undervaluation of goods by importers

Nove comes after customs dept observed several consignments from South-East Asia in which rules of origin were flouted, and the FTA route was being used to evade duties

Finance ministry panel mulls 'broad-based' regulations for PE/VCs

FinMin panel has sought inputs from the Big Four audit firms

CBDT targets resolving about 3,000 taxpayers' grievances by Oct-end

Sources in the tax department attributes it to the difficulties, taxpayers faced due to some glitches in the new portal since its inception in June of last year.

GST collections rise by 26% to over Rs 1.47 trn in September 2022

The Goods and Services Tax (GST) collection remained above the Rs 1.4 trillion mark for the seventh straight month during the month

ED order to seize Rs 5.5K cr from Chinese mobile firm Xiaomi gets approval

FEMA, which checks foreign exchange violations, requires that the appeals against seizure orders be heard only by an authority appointed by the Centre

Govt not keen on India's inclusion in global bond indices: FinMin official

Finance ministry official says not engaged in dialogue regarding it

ICICI Pru, 14 insurance firms evaded Rs 824 crore input tax credit

Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC

Finance Ministry not in favour of exhausting forex reserves to defend rupee

"It (rupee) should fall, otherwise the trade-rated exchange rate will become uncompetitive," the official said

Gameskraft Technology faces Rs 21,000-crore tax notice for 'GST evasion'

The Council is expected to meet next month to take up the panel's report on the issue

Centre likely to set threshold for Benami deals in Budget session

According to the official data, as of May 31, 2019, show-cause notices were issued in more than 2,100 cases involving benami properties , valued at over Rs 9,600 crore

Sebi likely to step up disclosure norms for IPOs of new-age companies

Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar