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CBIC issues SOP for officials to prevent taxpayer harassment

The Central Board of Indirect Tax and Customs (CBIC) has approved a detailed standard operating procedure (SOP) for officials of the Directorate General of GST Intelligence (DGGI) to improve the ease of doing business and prevent harassment of taxpayers during tax investigations, summons, and searches.

India , Mahesh-jaising , India-inc , Services-tax , Central-board , Indirect-tax , Directorate-general , Zonal-unit , Sop , Cbic , Dggi , Deloitte-india

More Businesses Are Turning to Automation to Manage Tax on Purchases

More Businesses Are Turning to Automation to Manage Tax on Purchases
cpapracticeadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cpapracticeadvisor.com Daily Mail and Mail on Sunday newspapers.

Jayme-fishman , Indirect-tax ,

tax slabs: Plan afoot to reclassify items for GST clarity in FMCG sector

The Central Board of Indirect Taxes and Customs (CBIC) is planning to prepare a list of products that end up in litigation due to classification issues. The fitment committee will investigate items with minor changes in composition but different tax slabs, creating confusion in tax liability, particularly in the fast-moving consumer goods (FMCG) sector.

Nirmala-sitharaman , Services-tax , Clarity-et-bureau , Central-board , Reclassify-items , Directorate-general , Tax-slabs , Gst-clarity , Fmcg-sector , Classification-issues , Cbic , Central-board-of-indirect-taxes-and-customs

GST On Corporate Guarantees: Experts Await More Clarity

GST On Corporate Guarantees: Experts Await More Clarity
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Ranjeet-mahtani , Payal-thaker , Saurabh-agarwal , Services-tax-intelligence , Directorate-general , Central-board , Indirect-taxes , Tax-partner , Corporate-guarantee

GST laws: What the row over 'profiteering' is all about - Economy News

GST laws: What the row over 'profiteering' is all about - Economy News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Hindustan , India-general- , India , Delhi , Australia , Malaysia , Priyansh-verma , Rakesh-upadhyaya , Amit-maheshwari , Ankur-gupta , Nestle , Competition-commission-of-india

Abstain questioning CXOs at late hours, taking tax payments during search ops: SOPs for tax officials in the works

The move comes after many multinational companies represented to the finance ministry about the investigation process, especially questioning of CXOs.

Services-tax-intelligence , Central-board , Indirect-tax , Directorate-general , Dggi , Ncome-tax , Ndirect-tax , Ax ,

import duty: India cuts import duty on blueberries, turkeys; fully exempts extra long staple cotton from levy

The Finance Ministry has slashed import duty on certain items of blueberries and cranberries from 30 per cent to 10 per cent in some cases and 5 per cent in other cases.

United-states , India , New-delhi , Delhi , Khushbu-trivedi , Department-of-commerce , Finance-ministry , Andersen-india-associate , Import-duty , Tax , Cotton , Levy

Top 10 Most Promising Brands to watch in 2024

The journey of these ten promising brands in 2024 unfolds as a testament to their commitment to shaping the future and leaving an indelible mark on the business landscape.

Delhi , India , Ahmedabad , Gujarat , Mumbai , Maharashtra , Vijayk-singh , Gunita-pahwa , Rajdutt-shekhar-singh , Nilava-bandyopadhyay , Manojk-singh , Dipti-agrawal

Tax investigation: Detailed SOP in works for DGGI officials

The Central Board of Indirect tax and Customs is considering a directive to address concerns raised by multinational companies during tax investigations conducted by DGGI officials. The directive aims to improve ease of doing business and has received feedback from the finance ministry.

New-delhi , Delhi , India , Services-tax-intelligence , Central-board , Directorate-general , Tax-investigation , Dggi-officials , Multinational-companies , Search-operation , Cxos

VIP Industries appoints Mr. Manish Desai as the Chief Financial Officer (CFO)

VIP Industries appoints Mr. Manish Desai as the Chief Financial Officer (CFO)
adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.

India , New-delhi , Delhi , Manish-desai , Neetu-kashiramka , Kewal-kiran-company , Electronics-ltd , Communications-ltd , Voltas-ltd , Audit-committee , Industries-on , Vip-industries