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CBIC Launches Crackdown on Suspicious GST Registrations, Strengthens Indirect Tax Enforcement

By BPN News Desk April 19, 2025
Business Finance
The Central Board of Indirect Taxes and Customs (CBIC) has launched a nationwide crackdown on suspicious GST registrations and non-compliant taxpayers in a renewed push to curb tax evasion and improve the integrity of India’s indirect tax system. The move comes amid rising concerns over the
Breaking Down The News Opinion

Breaking Down The News: The Reality of GST Evasion in India

By BPN News Desk February 11, 2025
The Goods and Services Tax (GST) was introduced in India on July 1, 2017, to replace multiple indirect taxes and create a transparent, efficient system. However, GST evasion remains a major issue, costing the government billions in lost revenue. Fraudsters exploit loopholes through fake invoices, underreported sales, and ITC fraud. This article explains how GST […]

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