Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).
It claimed that Pakistani smugglers many times tried to use the Gujarat coast to smuggle drugs, but all such attempts were foiled.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Virk on Saturday said the state police should have been more prepared to deal with such a situation.
The seized hazardous cargo containers were en route from Karachi in Pakistan to Shanghai in China, and the containers were not destined for Mundra Port.
The forthcoming summit would review the implementation of the inter-Korean summit agreement signed between the two countries during the first meeting in Panmunjom.
He also held another meeting with a delegation of civil society organisations as part of his outreach and they expressed their commitment to peace and assured that they would work for restoring normalcy in Manipur.
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
'Khalistan would have been in existence today, but for the army.'
Another extension for General Bajwa in office at this juncture looks unlikely at this juncture, observes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.
Deepa Gahlot lists 10 popular Mani Ratnam films that you can watch on streaming platforms.
So far the government has been silent on the charges being levelled, even after the stock price rout. Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel.
'A fragile Sri Lanka will have a serious impact on the security of India.'
British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the "brightest and best" from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create "one of the world's most attractive visa regimes for entrepreneurs and highly skilled people" and make use of the "Brexit freedoms" to strike trade deals with "the world's fastest-growing economies".
Trump said he was "not satisfied" with the response of Riyadh over Khashoggi's death.
Unfazed by the widespread criticism of his comments against the Hindi film The Kashmir Files, Israeli director and IFFI international jury chair Nadav Lapid said he stands by his remarks as he "knows how to recognise propaganda disguised as a movie".
'All Pakistan army chiefs follow a consistent line as far as India is concerned.'
'Therefore, these people want Imran Khan out of the elections whenever it is held.' 'For this, he will have to be disqualified from contesting on the basis of cases against him, declaring that he is not sadiq (honest) and ameen (righteous).'
Prime Minister Narendra Modi on Friday mooted the idea of "One Nation, One Uniform" for the police, saying it is just a suggestion for consideration and he is not trying to impose it on the states.
'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'
The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.
'Of all of the branches and networks of ISIS, ISIS-K is certainly one of those of most concern.'
Nineteen US organisations have filed a lawsuit against the National Security Agency, claiming that its secretive internet and telephone surveillance program violates the constitution.
Pakistan's ISI chief Lt Gen Nadeem Ahmed Anjum said on Thursday that Army chief Gen Qamar Javed Bajwa was given a "lucrative offer" in March by the then government amidst the political turmoil, as the powerful top spy launched a veiled attack on ousted premier Imran Khan at an unprecedented press conference.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
Investigators have also been looking for any evidence of possible financial crimes by Trump associates.
The decision to extend the tenure of the two intelligence chiefs was taken due to the forthcoming general election by the prime minister-led Appointments Committee of the Cabinet.
National Security Advisor Ajit Doval will hold crucial talks with the top US leadership, including his counterpart Jake Sullivan, on the first high-level dialogue on Initiative for Critical and Emerging Technologies (iCET).
Federal Bureau of Investigation Director James Comey has asked the Department of Justice to refute US President Donald Trump's allegations that his predecessor Barack Obama had ordered wiretapping of the Trump Towers during the presidential elections, at least two media reports have said.
Glimpses of General Bipin Rawat in the weeks leading to his tragic death on Wednesday.
The central government on Monday issued a Gazette notification to extend the tenure of defence secretary, home secretary, director of Intelligence Bureau, and secretary of Research and Analysis Wing for a period of two years.
The explosion in a moving autorickshaw in Mangaluru was an 'act of terror,' Karnataka Director General of Police, Praveen Sood said on Sunday.
In a surprise move, Pakistan's powerful intelligence chief Lieutenant General Faiz Hameed on Saturday dashed to Kabul, amidst the Taliban struggling to finalise and install an inclusive government in Afghanistan that would be acceptable to the international community.
Naga splinter groups impatient with stalled talks as well as rebel Manipuri groups who have a stake in disrupting upcoming elections to the state assembly, are believed to be regrouping in the borderlands of China's Yunnan province and Myanmar, taking advantage of the turmoil in the latter by using it as a transit corridor.
The papers noted that the 5G network is built on easily accessible and open Internet protocols and it inherits all the vulnerabilities of previous generations which make it vulnerable to cyber-attacks and compromising the security of the entire system.
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'
The separatist Hurriyat Conference is finished in Jammu and Kashmir but attempts are being made to keep it alive from Pakistan, Director General of Police Dilbag Singh said on Monday, adding that the militancy in the region is "on crutches".
