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WhatsApp Messages Help Uncover ₹200 Crore Tax Evasion

By BPN News Desk March 26, 2025
Economy National
Union Finance Minister Nirmala Sitharaman recently defended the provisions of the new Income Tax Bill, 2025, emphasizing the role of digital evidence in uncovering financial misconduct. The minister revealed that WhatsApp messages were instrumental in uncovering ₹200 crore linked to tax evasion
Business Finance

Textile Firms Under GST Lens for Misclassifying Services

By BPN News Desk March 17, 2025
The Central Goods and Services Tax (CGST) department has launched an investigation into multiple textile manufacturing companies across India over suspected misclassification of services to avoid higher tax rates. The inquiry focuses on firms allegedly paying lower GST rates under incorrect tax classifications, resulting in substantial revenue losses. Misclassification of
Finance

GST Council Reconstitutes GoM for Sector-Specific Tax Policy Enhancements

By BPN News Desk March 7, 2025
The GST Council has revamped the Group of Ministers on GST revenue analysis to address sector-specific tax policy issues and explore unified enforcement strategies to combat tax evasion.

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