Good News! Modi government extends Aadhaar-PAN linking deadline
PAN-Aadhaar linking deadline: Modi governmet has extended the deadline to link PAN with Aadhaar by another three months.However, this may be one last opportunity.
Yearly Archives: 2019
Income Tax Department busts Benami petrol pump racket in Meghalaya
Tax officials recovered Rs 2 crore in unaccounted cash and seized documents. Unaccounted cash was stashed in unlikely places like water tanks.
Angel Tax: Govt extends relief from angel tax to all recognised startups
Angel Tax on Startups: Modi government has extended several reliefs to start-ups facing scrutiny from income tax department, it will be with retrospective effect.
Crackdown: Income Tax dept raids two liquor groups in TN, unearths undeclared income of Rs 700 crore
Cracking down on tax evasion: In the two raids conducted over the last week, income tax officials have unearthed sham transactions worth Rs 700 crore.
Helping Hand: NHB pumps in Rs 10,000 crore in market for affordable housing
Rs 10,000 additional liquidity facility by National Housing Bank to Housing Finance Companies in addition to two existing schemes of NHB.
GST Fake Bill: Tax officials bust the racket for issuing fake GST invoices
GST Fake Invoice: GST officials in Delhi have busted a racket of issuing fake GST invoices and arrested two persons & recovered fake bills and stamps.
Income Tax department raids a prominent builder in Mumbai
Income Tax officers have raided more than 40 places linked to the builder in Mumbai and Pune and unearthed bogus transactions worth Rs 700 crore.
GST: Gross GST collections in July remains above Rs one lakh crore
GST Collections in July 2019 have grown by 5.8% over the same month last year. Bulk of the money comes from IGST and duty on imports.