Tag: GST evasion

GST Council may consider strict anti-evasion measures

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Business News

While a much-awaited restructuring of the goods & services tax (GST) slabs to raise the revenue-neutral rate (RNR), from a little over 11% now to 15.5% could be delayed, the GST Council will likely consider enforcing a ministerial panel’s recommendations on data analytics to tighten compliance to augment revenues. “The recommendations are about checking leakages … Read More “GST Council may consider strict anti-evasion measures” »

GST authorities expand probe into alleged tax evasion by BharatPe

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Business News

BharatPe had stripped Grover and his wife Madhuri Jain of all positions after a preliminary report of an external audit commissioned by the fintech firm’s board showed that the duo indulged in alleged misdeeds and financial irregularities. GST authorities have expanded the probe into alleged tax evasion by fintech firm BharatPe to include reported issuance … Read More “GST authorities expand probe into alleged tax evasion by BharatPe” »

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