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New Delhi [India], September 16 (ANI): The Enforcement Directorate (ED) has summoned Bollywood actor Sonu Sood and former Indian cricketers Yuvraj Singh and Robin Uthappa for questioning in connection with its probe into an alleged illegal betting app, officials said on Tuesday. Uthappa has been summoned on September 22, while Singh has been called on September 23, and Sood on September 24. All three have been directed to appear at ED headquarters in New Delhi. ED is examining possible financi ...Read More >
New Delhi: The Enforcement Directorate has summoned former Indian cricketer Robin Uthappa to appear before it for questioning at its headquarters in Delhi. According to reports, the ED has summoned the cricketer on September 22 in connection with the illegal betting app. ED Officials have confirmed that the cricketer has been summoned. Recently on September 4, the Enforcement Directorate (ED summoned former Indian cricketer Shikhar Dhawan for questioning in ongoing probe into an alleged online ...Read More >
New Delhi: The Enforcement Directorate (ED) has issued summons to former Trinamool Congress member of Parliament, Mimi Chakraborty, and Bollywood actress, Urvashi Rautela, asking them to appear before it on coming Monday and Tuesday, respectively, in connection with its larger money laundering probe against several illegal online betting platforms, which use multiple platforms for surrogate advertisements and collect funds from the users, officials said on Sunday. Chakraborty and Rautela, offic ...Read More >
Chennai: Officials from the income tax department carried out searches at places linked to the popular textile retail chain, Pothys, for the second consecutive day. While the searches wound up in Madurai on Friday, the sleuths continued searches in Chennai and Coimbatore on Saturday.The retail chain chairman's residence in RA Puram and other premises on ECR were searched for the second day. The teams returned to the spots on Saturday morning, and the places were guarded by CRPF personnel. The se ...Read More >
India's UPI system, despite its global success, faces backlash as small vendors receive GST notices based on digital transaction data. This has led to a shift back to cash transactions, with vendors fearing tax scrutiny. Concerns rise that aggressive formalisation efforts may push the informal economy further underground, undermining the goals of financial inclusion and transparency. By all official accounts, India's digital payments revolution is a runaway success. The Unified Payments Interfa ...Read More >
Chandigarh: Punjab finance minister Harpal Singh Cheema on Friday claimed that the state had achieved record tax revenue growth, with the goods and services tax (GST) collection registering a net growth of 32.08% in July 2025 compared to the corresponding period last year."This robust performance is part of the state's consistent trend of setting record-breaking growth in tax revenue year-on-year and month-on-month for the last three and a half years," said Cheema.The minister elaborated that th ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BE ...Read More >
Chandigarh, Aug 1 (UNI) Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema said today that the state has once again broken records in tax revenue growth, with Goods and Services Tax (GST) collections registering a net increase of 32.08 per cent in July 2025 compared to the same period last year. He stated that this robust performance is part of a consistent trend, with the state recording year-on-year and month-on-month growth in tax revenue for the past three and a half ...Read More >
As per the ED, illegal online betting platforms have been defrauding the public, laundering large sums of money, and evading taxes running into crores of rupees. India's Enforcement Directorate (ED) has summoned representatives from Google and Meta as part of an ongoing money laundering probe into illegal online betting platforms, ANI reported on Saturday, citing official sources. According to ANI, the representatives of the two global tech firms have been asked to appear before the agency on ...Read More >
New Delhi, Jul 20 (PTI) GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of fake firms detection was less Y-o-Y, officials said. The total number of fake firms detected by central and state GST officers during the first quarter of FY26 stood at 3,558, less than 3,840 such entities detected in the same quarter of FY25. panel of state finance ministers ...Read More >
New Delhi, Jul 20 (PTI) GST officers have uncovered fake input tax credit (ITC) claims of ₹15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of fake firms detection was less Y-o-Y, officials said. The total number of fake firms detected by central and state GST officers during the first quarter of FY26 stood at 3,558, less than 3,840 such entities detected in the same quarter of FY25. panel of state finance ministers, ...Read More >
Bengaluru, July 19 (SocialNews.XYZ) The Karnataka BJP, on Saturday, announced the launch of a helpline to safeguard the interests of small traders in the state in the backdrop of row over GST Addressing a press conference at the State BJP Office, Jagannath Bhavan, in Bengaluru, the Leader of the Opposition in Legislative Council, Chalavadi Narayanaswamy, has said that the BJP will launch a helpline (8884245123) from July 21 to safeguard the interests of small traders in the state. He added tha ...Read More >
NEW DELHI: The US embassy in India has warned that "committing assault, theft, or burglary in the United States won't just cause you legal issues -- it could lead to your visa being revoked and make you ineligible for future US visas". The warning was issued days after a video of an Indian woman who tried to leave a store with a cart full of items without paying went viral. This also prompted the embassy to say, "The US values law and order and expects foreign visitors to follow all US laws."Res ...Read More >
Akola: In a major crackdown on GST fraud, the Maharashtra State GST Department on Wednesday arrested Pratik Tiwari, a trader from Akola, for allegedly availing bogus Input Tax Credit (ITC) worth Rs9.97 crore through fake invoices without actual sale or purchase of goods. He was produced before a magistrate court and has been remanded to 7 days of judicial custody.Tiwari had registered his business under the names "Swami Sarth Kirana" and "Mahalaxmi Sales" from Dabki Road, Akola, dealing in cemen ...Read More >
Ahmedabad: The financial data received from third-party sources, ground-level intelligence, and advanced artificial intelligence tools helped the income tax (I-T) department sleuths to unearth a nationwide scam of bogus claims of deductions and exemptions.Investigations uncovered organised rackets operated by certain ITR preparers and intermediaries, who filed returns claiming fictitious deductions and exemptions. These fraudulent filings involved the abuse of beneficial provisions, with some ev ...Read More >
* Tax, Legal & Accounting * 1 min read I-T dept conducts raids in bogus tax deductions case The Income-Tax Department initiated multi-city raids targeting entities facilitating bogus deductions in tax returns. The investigation focuses on false claims related to political donations, medical insurance, tuition fees, and certain loans. This action follows the discovery that some taxpayers didn't correct their ITRs despite the department's outreach under the NUDGE campaign. New Delhi, The Income ...Read More >
New Delhi [India], July 14 (ANI): The Income Tax Department is conducting raids on more than 200 locations, in connection with false deductions under various heads, including political donations, tuition fees, and medical expenses, sources told ANI. This stern action from the Income Tax Department came after they found several bogus bills claimed by several intermediaries under section 80GGC. This section of the Income Tax Act offers taxpayers a deduction for donations made to political parties ...Read More >
New Delhi, Jul 14 (PTI) The Income-Tax Department on Monday launched multi-city raids as part of a tax evasion probe against those entities which assist certain individuals avail bogus deductions in their returns by claiming a variety of exemptions, official sources said. They said false deductions claimed by persons in lieu of making political donations to registered or unregistered political parties, payment of medical insurance, tuition fee and certain category of loans are among those cases ...Read More >
Puri (Odisha) [India], July 14 (ANI): Renowned sand artist Sudarsan Pattnaik created a sand art at Puri beach on Sunday. He crafted a sand idol of Lord Shiva to mark the first Monday of the auspicious Sawan month. Sudarsan Pattnaik said, The entire nation is devotional for the first Shravan Somvaar. We have made Lord Shiv 6-feet high sculpture... In Puri Jagannath Dham, there is a temple of Lord Loknath, and here also, many devotees have arrived. As an artist, I am praying to God to bless us wi ...Read More >
Bengaluru: In a significant move to increase tax collections, the govt has begun using Unified Payments Interface (UPI) data to identify traders, especially those accepting payments via QR codes, who have evaded goods and services tax (GST) registration.After analysing UPI transactions, the commercial taxes department recently issued notices to some 14,000 traders. Officials say these individuals have crossed the mandatory GST registration thresholds but failed to register. Under GST rules, trad ...Read More >
Pune (Maharashtra) [India], July 13 (ANI): Maharashtra Deputy Chief Minister Ajit Pawar on Sunday inspected various local issues such as water-logging, traffic congestion and development projects during his visit to Pune. Giving details, Ajit Pawar in a post on X said, Today, I inspected various local issues and the development works of projects such as Pune Metro Line - 3 at Rajiv Gandhi IT Park, Hinjawadi in Pune. https://x.com/AjitPawarSpeaks/status/1944249990634787189 This included a revi ...Read More >
Pune (Maharashtra) [India], July 13 (ANI): Maharashtra Deputy Chief Minister Ajit Pawar on Sunday inspected various local issues such as water-logging, traffic congestion and development projects during his visit to Pune. Giving details, Ajit Pawar in a post on X said, "Today, I inspected various local issues and the development works of projects such as Pune Metro Line - 3 at Rajiv Gandhi IT Park, Hinjawadi in Pune". Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 13, 202 ...Read More >
Over 20,000 bars and permit rooms in Maharashtra will close on July 14 due to the Indian Hotel and Restaurant Association's protest against the state government's increased taxes on liquor, including VAT and excise duty hikes. AHAR claims these tax increases are crippling the Rs 1.5 lakh-crore industry, leading to potential business closures, job losses, and increased liquor smuggling. Over 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 to protest against the st ...Read More >
MUMBAI: Maharashtra deputy chief minister Ajit Pawar has urged the Centre to ban import of raisins from China. In a letter written to Union agriculture minister Shivraj Singh Chauhan, Mr. Pawar said "illegal" import from China, bypassing customs duties and taxes, is causing severe financial losses to both grape farmers and the national exchequer. Mr. Pawar's letter came in the wake of the memorandum submitted by the Maharashtra State Grape Growers Association. The MSGGA has alleged that there h ...Read More >
Mumbai, Jul 9 (PTI) The hospitality industry in Maharashtra on Wednesday urged the government to withdraw its back-to-back hikes in Value Added Tax (VAT) and liquor license fees. "On July 1, the state government hiked VAT on liquor to 10 per cent from the current 5 per cent followed by a 15 per cent increase in license fees for the financial year 2025-26," Indian Hotel and Restaurant Association (AHAR) president Sudhakar Shetty told reporters. He said the tax burden is not just an economic blo ...Read More >
Anantapur: State finance minister Payyavula Keshav emphasised the need for real-time GST data access across states to effectively curb tax evasion and implement best practices using Artificial Intelligence and inter-departmental coordination. He was speaking during a virtual meeting of the Committee of Ministers on GST Reforms, formed by the Central government. The prestigious committee met virtually on Friday, with the session chaired by Goa Chief Minister Dr Pramod Sawant, from the NIC buildi ...Read More >
Panaji: Chief minister Pramod Sawant chaired a meeting of the group of ministers on analysis of revenue from GST, where it was decided to constitute a group of officers to study issues pertaining to fraud and GST evasion in greater detail. The officers will work on state-wise GST revenue analysis by taking inputs and data from all the states and union territories.Sawant was accompanied by state tax commissioner Sarpreet Singh Gill, additional commissioner for state taxes Vishant Gaunekar, and ad ...Read More >
New Delhi: Amid the growing menace of Input Tax Credit (ITC) fraud which has crossed over Rs 2 lakh crore in recent years, a high-level group of ministers ( GoM ) lead by Goa CM Pramod Sawant met on Friday to assess the state of GST revenue collections and ways to prevent tax leakages. In this meeting, the finance ministers of several states discussed tax evasion and coordinated efforts to curb fraudulent practices. ...Read More >
Bengaluru: A Ferrari owner in Karnataka's capital, Bengaluru, had to pay a hefty road tax and penalty of Rs 1.42 crore for driving a Maharashtra-registered super luxury car on Bengaluru roads for an extended period. The Ferrari SF90 Stradale was being used without paying the applicable Karnataka road tax. Bengaluru RTO officials had been tracking the car for several months. Finally, it was caught on Thursday morning, and the owner was forced to pay a massive amount in taxes and fines. According ...Read More >
Raipur, Jul 2 (PTI) Chhattisgarh Chief Minister Vishnu Deo Sai on Wednesday noted public revenues are vital for development of a state and the country as he warned of action against entities resorting to Goods and Services Tax (GST) frauds. He made the remarks while presiding over a review meeting of the Commercial Tax (GST) department at Mantralaya's Mahanadi Bhavan, said an official statement. At the meeting, officials informed that Chhattisgarh registered an impressive 18 per cent increase ...Read More >
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