🚨 Businesswoman Arrested in ₹100 Crore GST Fraud Using 27 Shell Companies | DGGI Crackdown in Odisha Rourkela, Odisha – In a major breakthrough, the Directorate General of GST Intelligence (DGGI), Bhubaneswar Zone has uncovered a massive GST input tax credit (ITC) fraud exceeding ₹100 crore. …
A new research report released by the State Bank of India (SBI) has spotlighted the rising participation of women in India’s formal economic landscape, with key indicators showing a steady increase in female representation in tax compliance, banking, and business ownership. According to the report, 20% of …
A Chartered Accountants’ Association in Gujarat has written to the state government highlighting allegations that state GST officers are selling confidential return data of traders to their business rivals. The letter, also marked to the Central Government, warns that unless immediate action is taken, this malpractice could undermine trader confidence and …
The Uttar Pradesh Police’s Special Task Force (STF) has dismantled a massive multi-state GST evasion racket by arresting five individuals from Barmer district, Rajasthan. The accused were allegedly running a fraudulent network involving over 100 shell companies registered across Delhi, Rajasthan, Uttar Pradesh and other states …
In a strategic move to recover long-pending tax dues, the Maharashtra state government has proposed a key amendment to its Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2025. The revised provisions aim to unlock an estimated Rs 20,000 to Rs 25,000 crore in …
In a major breakthrough, police have arrested seven individuals allegedly involved in a massive GST tax evasion racket valued at over Rs 524 crore. The scam, which spanned multiple states, was uncovered during an investigation into fraudulent GST registrations and fake business transactions, officials confirmed on …
As India prepares to celebrate GST Day on July 1, the Central Board of Indirect Taxes and Customs (CBIC) has launched a nationwide campaign-“GST Pakhwada“-from June 17 to June 30, aimed at increasing taxpayer awareness and compliance support. This fortnight-long outreach marks the 8th anniversary of …
Finance Minister Nirmala Sitharaman, in a significant push towards improving taxpayer experience and bolstering revenue administration, is scheduled to hold a series of high-level review meetings with top officials from the CBIC, CBDT and Customs Departments between June 19 and June 30. According to sources, the …
A shocking nationwide scam involving the illegal sale of sensitive GST data of traders has come to light, with Delhi, Ghaziabad and Noida emerging as operational hubs of a data racket allegedly run by a gang named ‘Data Solution‘. The racket is thriving on the black-market …
The Finance Ministry has initiated consultations with industry stakeholders to address persistent concerns surrounding the GST and gather suggestions for streamlining the indirect tax framework. These discussions come at a crucial juncture, with the GST Council actively working towards rationalising the existing multi-rate tax structure. According …
