[ad_1] New Delhi, The Delhi High Court on Thursday turned down former Aam Aadmi Party (AAP) leader Tahir Hussain's petition that challenged a trial court's order on framing of charges in a money laundering case against him in connection with the 2020 north-east Delhi riots.The High Court refused to dismiss...
Revenue Secy, Legal News, ET LegalWorld – Legal Firms
[ad_1] By Joyeeta Dey New Delhi, Nov 23 (PTI) India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST mop-up, Revenue Secretary Tarun Bajaj said on Wednesday. In an interview to...
Govt may remove penal offences covered under IPC from GST law, Legal News, ET LegalWorld – Legal Firms
[ad_1] The government is considering to remove the penal offences which are already covered under the Indian Penal Code (IPC) from the GST Act to make it more taxpayer-friendly, an official said. The proposal, part of the exercise to decriminalise GST law, is likely to be taken up in the...
NAA to wind up, GST anti-profiteering complaints to be taken up by CCI from December 1, Legal News, ET LegalWorld – Legal Firms
[ad_1] All GST anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority ends this month, an official said on Tuesday. A notification in this regard is expected to be issued by the finance ministry later...
Why merging GST NAA with CCI may not be a prudent move, Legal News, ET LegalWorld – Legal Firms
[ad_1] Recent news reports have suggested that the GST anti-profiteering watchdog, National Anti-profiteering Authority (NAA) is set to be subsumed into the regulatory ecosystem of the Competition Commission of India (CCI). It is proposed that the NAA’s regulatory functions and its investigative arm (the Director General of Anti-Profiteering), continue to...