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Airlines told to share international fliers' PNR with customs

Airlines will have to mandatorily share PNR (passenger name record) details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help......

Tax raids in UP on 'Samajwadi' perfume maker

The Income Tax department on Friday raided multiple premises linked to perfume traders and some others in Uttar Pradesh as part of a tax evasion investigation, official sources said. IMAGE: SP......

Rs 177 cr cash, 23 kg gold found from UP bizman

The finance ministry on Monday gave details of the recent searches on perfume trader Peeyush Jain's house in Kanpur from where GST officers had seized more than Rs 177 crore unaccounted cash from......

'Biggest haul ever': Rs 150 cr in cash seized in tax raids on UP firm

Vivek Johri, the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on Friday said that the cash recovery of approximately Rs 150 crore from searches in Kanpur at several locations......

India receives 1st consignment of 1.5 lakh Sputnik V vaccine doses from Russia

India on Saturday received the first consignment of 1.5 lakh doses of Sputnik V COVID-19 vaccine from Russia as the country embarked on the third phase of the vaccination drive against the......

CBIC Goes Soft On GST Investigations

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at......

'Rs 1.7 trillion may be GST average collection next FY'

'We crossed Rs 1.7 trillion in three months this financial year.' Illustration: Dominic Xavier/Rediff.com Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal tells......

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover......

Over 4,900 fake GST registrations cancelled since May 16

GST authorities have identified about 17,000 non-existent GSTINs and cancelled over 4,900 registrations in the ongoing pan-India drive against fake registration, a senior tax official said on......

Insurance companies likely to soon face GST audits

Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a “deep dive” into their business practices to check for the possibility of a raft of......

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