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March 10, 2025, 04:12 PM - 2 min read
The Central Goods and Services Tax (CGST) officers have uncovered tax evasion amounting to ₹1.95 lakh crore during the April to January period of the current financial year.
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February 1, 2025, 08:41 PM - 2 min read
India’s Goods and Services Tax (GST) collections for January have shown a notable surge, reaching a record ₹1.96 lakh cr. This marks a year-on-year growth of 12.3 pc, highlighting the robust performance of the tax system.
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December 23, 2024, 04:22 PM - 4 min read
India is set to introduce a Unique Identification Marking (UIM) system as part of an initiative to curb GST evasion in specific commodities, particularly those prone to tax leakages such as tobacco products.
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December 9, 2024, 03:23 PM - 1 min read
A total of 18,876 ITC fraud cases were detected, involving 17,818 fake firms with suspected ITC evasion of Rs 35,132 crore during the fiscal year 2024-25 (April-October)," Minister of State for Finance Pankaj Chaudhary said in a written response to the Lok Sabha.
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September 24, 2024, 05:34 PM - 4 min read
Tax officers have uncovered approximately 10,700 fake GST registrations, leading to an estimated tax evasion of ₹10,179 crore as part of a nationwide crackdown, with Aadhaar authentication to be implemented in 20 states to combat fraud.
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September 16, 2024, 03:32 PM - 3 min read
In its latest annual report, the Directorate General of GST Intelligence (DGGI) said it detected a record 6,084 cases of tax evasion in 2023-24, involving Rs 2.01 trillion in GST, which is double the Rs 1.01 trillion identified in FY23 across 4,872 cases.
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