Latest Updates
Businessman Arrested in ₹34 Crore GST Scam — Shocking Details Emerge
A businessman in Nagpur was arrested in a ₹34 crore GST scam involving fake input tax credit claims and bogus invoices. This detailed article explains how the fraud was executed, what laws were broken, its impact on the economy, and what businesses can do to stay compliant. Includes real-world examples, official links, and actionable tips for tax professionals and small businesses.
Punjab Achieves Staggering 32% GST Growth in July—Finance Minister Harpal Singh Cheema Reveals
Punjab’s 32% GST growth in July 2025 highlights its robust tax policies and effective business strategies. With an increase in GST revenue, Punjab’s economy is poised for continued growth. This achievement is driven by digitized processes, enforcement efforts, and a commitment to business-friendly initiatives. For local businesses, adhering to GST compliance offers growth opportunities, making the state a favorable place to do business.
New GST Fraud Exposed in Hyderabad: Commercial Taxes Dept. Detects Fake Bills Used for Massive Evasion
The Hyderabad GST fraud case highlights how fake invoices and ghost transactions were used to evade taxes. By analyzing toll records and e-way bills, authorities uncovered a massive ₹100 crore scam. This article offers insights on how businesses can ensure compliance, avoid GST fraud, and protect themselves from hefty fines. Regular audits, accurate invoicing, and partner verification are crucial steps for businesses to take.
Huge Relief for Homebuyers: Smaller Apartments Now Exempt from GST with Maintenance Charges Below Rs 7,500!
This article explores the recent GST exemption for maintenance charges under Rs 7,500 in smaller apartments. The move provides significant relief for homebuyers, offering clear insights into how the new tax rules work and who qualifies for the exemption. If you live in a smaller apartment, this change could lower your monthly living expenses and simplify your tax obligations.
