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Top News In Itc Export Development Programme Today - Breaking & Trending Today

GST authorities issue notices over input tax credit discrepancies

GST authorities have issued notices to companies for discrepancies in input tax credit claims, prompting scrutiny of annual returns against monthly filings. Notices under Section 150 of the CGST Act demand explanations for "short reporting" of ITC. However, businesses argue that some notices lack verification, imposing undue compliance burdens. Despite this, officials maintain that mismatches cannot be overlooked. ....

Rajat Mohan , Sanjay Kumar Agarwal , Moore Singhi , Central Board , Indirect Taxes , Central Board Of Indirect Taxes , Cgst Act , Input Tax Credit ,

Do you pay taxes on unemployment? What to expect when you file your return.

Unemployment benefits are taxable at the federal level, and many states also tax jobless compensation. Learn about your options for paying taxes on unemployment. ....

United States , New Jersey , South Dakota , New Hampshire , Department Of Revenue , Revenue Service , Internal Revenue , Voluntary Withholding , Social Security , American Rescue Plan Act , Tax Prep Help , Income Tax Assistance , Tax Counseling , Unemployment Benefits , Federal Income Taxes , Taxable Income , Income Taxes , State Unemployment Office , Taxes Withheld , State Taxes ,

What to expect from Nestle, Tata Consumer & Britannia earnings next week? Sudip Bandyopadhyay answers

Sudip Bandyopadhyay, Group Chairman of Inditrade Capital, advises caution in the oil and gas sector due to investments in energy transition and upcoming elections. He highlights the attractively valued oil marketing companies compared to other PSUs but warns of potential challenges in earnings and handling volatile oil prices. ....

Sudip Bandyopadhyay , Group Chairman , Inditrade Capital , Tata Consumer , Godrej Consumer ,

DGGI busts 1,700 fake ITC cases worth Rs. 18,000 crore in Apr-Dec, arrests 98

DGGI has busted 1,700 fake Input Tax Credit (ITC) cases worth Rs 18,000 crore and arrested 98 people. Using data analysis and advanced tools, DGGI apprehended tax evaders involved in creating fake firms and companies. In one case, a firm in Haryana generated E-way bills and created Rs. 1,100 crore fraudulent ITC. ....

Uttar Pradesh , Chandni Chowk , Haryana Sirsa , Ashutosh Garg , Directorate General , Input Tax Credit , Finance Ministry , Know Your Customers , Shree Jee Spices , Judicial Custody , Cgst Fraud ,

Success in non-cigarettes business a mixed blessing for ITC

The company’s transition journey, which started in earnest in 2017 with a strategy reset dubbed ITC Next with the objective of reducing dependence on tobacco in its overall portfolio, has been extremely successful ....

Third Quarter ,