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Union Finance Minister Nirmala Sitharaman on Monday termed the Opposition's criticism of the Goods and Services Tax (GST) as 'Gabbar Singh Tax' as a knee-jerk reaction which is a disservice to the country's institutions. 

Responding to ...

In respect of GST, the Government has notified Amnesty scheme which aims to provide relief to taxpayers regarding late fee for pending returns. This scheme will remain valid from June 1, 2021 to August 31, 2021.This scheme is as per the recommendatio ...

In the case of Amit Beriwal vs. State of Odisha before Odisha HC, the Petitioner, who was in custody, had filed a bail application. Underlying complaint and the prosecution report indicates that a large number of fraudulent business transactions w ...

Investment in plant and machinery has been the traditional parameter on which MSMEs have been classified, enabling them access to various sops such as concessional finance, though the main benefit of excise duty relief has been lost ever since the ...

E-way bill, or electronic way bill, is a document that needs to be generated by registered GST taxpayers for inter-state movement of goods if the value of the consignment is more than Rs 50,000. It is one of the prominent indicators of economic ac ...