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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
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Infosys Gets Pre-Show Cause Notice For Alleged Rs 32,400-Crore GST Evasion
IT services company Infosys has been issued a pre-show cause notice for alleged goods and services tax (GST) evasion up to Rs 32,403 crore.
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Notices Issued To Gaming Firms Over Rs 1.12 Lakh Crore GST Evasion: Centre
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24, the finance ministry said today.
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Online Gaming Companies Get Rs 1 Trillion GST Notices Over Tax Evasion
GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.
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28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
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"DMK Uttering Lies About Civil Code, GST, Inflation": Tamil Nadu BJP Chief
Tamil Nadu BJP chief K Annamalai on Saturday accused the ruling DMK of undertaking a disinformation campaign against the Centre issues including the Uniform Civil Code (UCC), and said the truth will be exposed in the forthcoming Parliament session.
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Centre Brings GST Network Under Prevention Of Money Laundering Act
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
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Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
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GST Network Issues Guidelines On Electronic Invoices For Businesses With Turnover Of Rs 100 Crore
Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of such invoice with effect from May 1, GST Network has said.
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MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
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Rahul Gandhi Slams Centre Over Agnipath Scheme, GST At Haryana Rally
Congress leader Rahul Gandhi on Friday launched a scathing attack on the BJP-led government at the Centre over a host of issues, including the Agnipath scheme and GST.
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Panel On GST (Tax) Levy On Online Gaming, Casinos To Submit Report Next Week
Conrad Sangma-headed Group of Ministers (GoM) held its final meeting on the issue earlier this week and is understood to have recommended a GST levy of 28 per cent on online gaming,
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Why Is Congress Afraid Of Investigating Agencies?: Minister Anurag Thakur
As Congress is holding nationwide protests against the central government over the issues of inflation, price rise, Goods and Services Tax (GST) and unemployment, Union Minister Anurag Thakur on Friday hit out at the top brass of the grand old party.
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Which Delhi Roads To Avoid? Advisory Ahead of Big Congress Protest Today
The Delhi Police issued an advisory saying the traffic movement will be affected in parts of Lutyens' Delhi on Friday as the Congress is all set to stage a mass protest against price rise, unemployment and GST hike.
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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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India May Send Tax Notices To More IT Firms After $4 Billion Demand To Infosys: Report
Tax officials may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a $4-billion tax demand.
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Infosys Gets Pre-Show Cause Notice For Alleged Rs 32,400-Crore GST Evasion
IT services company Infosys has been issued a pre-show cause notice for alleged goods and services tax (GST) evasion up to Rs 32,403 crore.
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Notices Issued To Gaming Firms Over Rs 1.12 Lakh Crore GST Evasion: Centre
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24, the finance ministry said today.
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Online Gaming Companies Get Rs 1 Trillion GST Notices Over Tax Evasion
GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday.
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28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
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"DMK Uttering Lies About Civil Code, GST, Inflation": Tamil Nadu BJP Chief
Tamil Nadu BJP chief K Annamalai on Saturday accused the ruling DMK of undertaking a disinformation campaign against the Centre issues including the Uniform Civil Code (UCC), and said the truth will be exposed in the forthcoming Parliament session.
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Centre Brings GST Network Under Prevention Of Money Laundering Act
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
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Online Gaming Sector to Attract Investment Once Taxation Policy Is Finalised: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that the sector will attract investment once it is finalised.
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GST Network Issues Guidelines On Electronic Invoices For Businesses With Turnover Of Rs 100 Crore
Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of such invoice with effect from May 1, GST Network has said.
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MS Dhoni, Abhishek Bachchan's PAN Details Used For Fraud, 5 Arrested: Cops
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names.
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Rahul Gandhi Slams Centre Over Agnipath Scheme, GST At Haryana Rally
Congress leader Rahul Gandhi on Friday launched a scathing attack on the BJP-led government at the Centre over a host of issues, including the Agnipath scheme and GST.
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Panel On GST (Tax) Levy On Online Gaming, Casinos To Submit Report Next Week
Conrad Sangma-headed Group of Ministers (GoM) held its final meeting on the issue earlier this week and is understood to have recommended a GST levy of 28 per cent on online gaming,
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Why Is Congress Afraid Of Investigating Agencies?: Minister Anurag Thakur
As Congress is holding nationwide protests against the central government over the issues of inflation, price rise, Goods and Services Tax (GST) and unemployment, Union Minister Anurag Thakur on Friday hit out at the top brass of the grand old party.
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Which Delhi Roads To Avoid? Advisory Ahead of Big Congress Protest Today
The Delhi Police issued an advisory saying the traffic movement will be affected in parts of Lutyens' Delhi on Friday as the Congress is all set to stage a mass protest against price rise, unemployment and GST hike.
