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TAX CREDIT NEWS

Our tax system retards growth. It's time for an overhaul

January 27, 2025 6:24 pm

As is true for an individual, so it is for a nation: There is no rebirth without death

Input tax credit fraud worth Rs 84 crore detected in Gujarat

February 10, 2023 4:58 pm

The remaining 14 firms were issued notices to contact the GST office and pay the penalty amount with interest.

Thane CGST busts 'Rs 12-crore fake input tax credit racket'

December 04, 2021 12:56 am

Investigation has revealed that the firm fraudulently availed and utilised Input Tax Credit (ITC) to the tune of Rs 12 crore without receiving the goods or services in violation of the provisions of CGST Act 2017.

Traders can now carry forward input tax credit, says Manish Sisodia

March 08, 2015 2:39 am

The move is aimed at making it simpler for traders to continue their business.

Investment tax credits could revive economy: IIM-A professor

September 12, 2013 9:38 pm

The economic 'crisis' which has persisted for over a year now,was anticipated way back in 2011 by many.

JLR drives Tata Motors net by 136%

May 30, 2012 12:57 am

The consolidated revenues for the company during the quarter rose by 44 per cent to Rs 50,908 crore in the quarter ended March 2012. For the year ended March 2012,Tata Motors announced a growth of 46 per cent to Rs 13,517 crore.

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