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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......

Centre testing our patience, emasculating tribunals: SC

The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding......

'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......

FY24 direct tax to GDP ratio may be highest since FY01

On the back of robust tax collection, the ratio of direct taxes to gross domestic product (GDP) this financial year is likely to be the highest in this century so far. Photograph: Kind courtesy......

GST collections rise 10% to Rs 1.64 lakh cr in Dec

Continuing the upward trend, GST collections rose 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago. Illustration: Dominic......

M&M gets Rs 4.12 crore tax notice; company to challenge

Mahindra & Mahindra on Friday said it has been imposed a penalty of Rs 4.12 crore over input tax credit claim and education cess credit balance carry forward from pre-GST regime to GST regime in......

Should Nirmalaji Be Worried?

The deficit stood over Rs 8 trillion in the first seven months of the current financial year.Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up......

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