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GST investigators found evidence of ₹22 crore tax evasion by Reporter Broadcasting Company concerning Argentina's football team bid, with further probes into fund sources ongoing.
A sponsor allegedly transferred ₹126 crore for a Messi match, prompting a GST probe that faced high-level intervention and an officer's transfer, with the company claiming no tax is due as the match didn't happen.
A ₹4.5 crore GST refund was processed to a trader whose cash was seized, sparking controversy due to alleged lack of departmental coordination and prompting an emergency meeting.
Indian entrepreneurs should check business loan eligibility before interest rates, as it determines loan sanction, perceived risk, and the final rate offered by lenders, not just headline figures.
Tax evasion of ₹80.14 crore in turnover and ₹4.42 crore in GST was discovered, leading to fines and continued investigations.
The state’s pre-settlement state GST (SGST) stood at about ₹1,236 crore, marking a 4 per cent rise over December 2024.
Petitioner contended that the imposition of 18 per cent GST on air purifiers has rendered them financially inaccessible to large sections of the population.
She said excise duty increases are necessary to prevent tobacco products from becoming more affordable.
India’s growth far outpaced China’s 4.8% for the same period.
Automobile retail sales experienced a significant 21% year-on-year growth during the festive season, driven by passenger vehicles and two-wheelers.
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