New Delhi, Apr 21 (PTI) Central and state GST officers have detected 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth ₹61,545 crore during 2024-25, officials said.

During the 2024-25 fiscal ending March 2025, Central and state GST officers recovered Rs 1,924 crore by way of blocking ITC and arrested 168 persons.

The Ministry’s clarification came in response to rumours suggesting that UPI transactions exceeding Rs 2,000 could soon attract GST. These rumours raised concerns that the Government might be ...

League legend Andrew Johns has criticised the Broncos for failing to take advantage of Payne Haas' strengths during their latest defeat to the Warriors. It comes as Selwyn Cobbo has emerged as the ...

The platform calls for a net increase of $48 billion to the federal deficit over four years, a tally that already builds in large offsets from that anticipated tax revenue from the rich.

The FHRAI, the apex body representing over 60,000 hotels and 500,000 restaurants across the country, also alleged non-compliance with GST regulations by Agoda, stating that the platform is charging ...

Meghan Markle was warned that if her latest business ventures fail to grab the attention of the American population, then she will be faced with a new "problem". The Duchess of Sussex launched a ...

The government clarified that there's no proposal to levy GST on UPI transactions over ₹2,000. "The claims that the government is considering levying GST on UPI transactions over ₹2,000 are ...

Government clarifies no GST on UPI transactions over ₹2,000 The Government clarified that it is not mulling to levy GST on UPI transactions above ₹2,000. Clarifying on reports, which said that ...

In unveiling its slogan, called "Thrive, Not Just Survive", the party asked for the Goods and Services Tax (GST) to be reduced from 9 per cent to "7 per cent or even 5 per cent", and for it to be ...

The government on Friday rejected the claims that it is planning to levy Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions above Rs 2000. "There is no such proposal ...

The Government on Friday (April 18, 2025) clarified that it is not mulling to levy GST on UPI transactions above ₹2,000. Clarifying on reports, which said that the government is considering ...