GST Fraud Worth Rs 350 Crore Detected, Government Launches Probe

In one of the biggest crackdowns on Goods And Services Tax (GST) evaders so far, the centre has launched an investigation against unidentified exporters who allegedly faked GST refunds worth Rs 350 crore.

Union Minister of State for Home G Kishan Reddy on Wednesday asserted that it is the "moral responsibility" of India to give shelter and citizenship to Hindus and other minority communities of Pakistan, which has been persecuting them persistently.

The Indian economy would rebound in the future and the current slowdown was cyclical, Vice-President M Venkaiah Naidu said at the 102nd annual conference of the Indian Economic Association today.

The Maharashtra government has asked the Centre to extend help to the tune of Rs 14,000 crore for all damages caused by natural calamities in the state, Finance Minister Jayant Patil said on Wednesday.

The Shiv Sena on Saturday warned that if the government fails to pay the Goods and Services Tax (GST) compensation, it could trigger a confrontation between states and the centre. The Sena said the centre's policies were responsible for the "economic anarchy" in the country.

Ahead of the crucial meeting of the GST Council, Finance Minister Nirmala Sitharaman on Friday said the buzz of an increase in GST rates is everywhere other than her office.

The Maharashtra government is awaiting its "legitimate dues" of Rs 15,558.05 crore including GST compensation up to November 2019 from the Centre, Chief Minister Uddhav Thackeray wrote to Finance Minister Nirmala Sitharaman. In his letter the Chief Minister has sought immediate release of the amount.

Finance Minister Nirmala Sitharaman on Saturday invited those who are interested in providing suggestions on simplifying and easing the Goods and Services Tax (GST) filing process.

Maharashtra may be among the non-BJP-ruled states which raised alarm about delay in payment of GST compensation recently, NCP leader Dhananjay Munde claimed on Thursday and called for flagging the issue at the Centre's level.

Former union minister and Congress leader Shatrughan Sinha on Thursday said he has no personal enmity with anyone and raised voice against demonetisation and implementation of Goods & Services Tax (GST) in the interest of the people.

It is embarrassing to come and ask for money, Union Finance Minister Nirmala Sitharaman was told by counterparts from Kerala, Rajasthan, Punjab, Madhya Pradesh, Chhattisgarh and Delhi at a meeting in Delhi today

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The Congress, in Rajya Sabha today, raised the issue of the Centre delaying payment of compensation to states for revenue shortfall in the Goods and Services Tax (GST) since August, saying this might lead to stoppage of development work and payments to employees.

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