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Central Excise News

GST Evasion Of Rs. 5.7 Crore During July-November FY 18 Uncovered By Govt

As per the finance ministry, Goods and Service tax (GST) evasion to the tune of Rs. 5.7 crore has been uncovered by the government for the July-November period of the ongoing financial year in relation to some 16 cases. The new ...

Finance Minister Jaitley To Give No GST Shocks

Goods and Services Tax or GST slated to be rolled out from July 1 this year will come with no shocks. Tax rates for the different commodities under the GST regime shall fall in place in line with the current rates ...

Indirect Tax Collection Up 32.6 Per cent To Rs 61,284 Crore

Indirect Tax Revenue collections increased by 32.6% from Rs 46,224 crore in September 2014 to Rs. 61,284 crore during September- 2015. This is an achievement of 50.6% of the target fixed for BE 2015-16. Indirect tax is a tax which is levied on the end user on ...

Economic intelligence agency CEIB detects Rs 3,000 crore black money in 2013 H1

NEW DELHI: Black money totalling around Rs 3,000 crore has been detected in the country by the central economic intelligence agency in the first half of this year, according to official sources. The Central Economic Intelligence Bureau (CEIB), the nodal ...