Rs 672 Crore Worth GST Evasion Detected In Jaipur

The Directorate General of GST (Goods and Services Tax) Intelligence (DGGI) has detected Rs 672.51 crore worth of tax evasion in 46 cases, in which Rs 15.31 crore were recovered in 20 cases from July 2017 to March 2018, an official said.

Despite an adverse impact of GST implementation, India saw a 20 per cent increase in both the number of dollar millionaires and their wealth in 2017, to emerge as the fastest growing market for high net worth population.

Everyday, when Krishna Kumar serves lunch to his customers along with his wife at the small restaurant he owns in Coimbatore, he says he is reminded of the misfortune that hit him.

National passenger carrier Air India announced it has revised the applicable Excess Baggage Rate (EBR) on domestic sectors effective Monday.

Former finance minister P Chidambaram today said that state of the economy was bad in the country due to the wrong policies of the NDA government and tyres of three of the four wheels on which the economy rides were punctured.

A new category of small vehicles - Quadricycles, has been approved by the Indian government and in particular the Ministry Of Road Transport and Highways. This new category, which will mainly be used to classify small four wheeled personal vehicles (or commercial vehicles) will have to pass a list of emissions, crash and other norms which will be laid down by the gove...

International passengers buying goods at airport 'duty-free' shops will not be subject to GST and the revenue department will soon clarify on this exemption, an official said.

Bihar Chief Minister Nitish Kumar on Friday expressed gratitude towards the Centre for agreeing to exempt from GST items used in community kitchens at Gurudwaras and other religious places.

A CBI team today conducted searches at the main office of the Goods and Services Tax (GST) in Vadodara city and questioned some officials.

Niti Aayog vice chairperson Rajiv Kumar on Monday called for a cut in taxes on fuel, both by the centre and the state. Mr Kumar also told NDTV that he was strongly in favour of fuel being brought under the Goods and Services Tax or GST.

It is a misconception that bringing petroleum products under the Goods and Services Tax, or GST, will lead to lower fuel prices, Bihar's Deputy Chief Minister Sushil Kumar Modi said on Saturday.

With petrol and diesel rates skyrocketing on a daily basis, Road Transport and Highways Minister Nitin Gadkari on Friday advocated bringing fuel under the GST to curb the price hike.

Prime Minister Narendra Modi completes four years in office on May 26. He's used the time to give India its biggest tax reform, overhauled a century-old bankruptcy law, revived stalled projects and got the World Bank to say Asia's No. 3 economy is a much better place to do business.

A father-son duo has been arrested by GST officers for tax evasion of Rs 28 crore, marking the first arrest in the national capital under the new indirect tax regime.