Punjab records 16% jump in GST collections: Minister Harpal Singh Cheema

Cheema detailed that the GST collections grew by ₹2,467.3 crore, marking a 16.03% increase over the same period in 2024 ...

Punjab GST collections up 16% till Nov, excise revenue surges over 8%: Finance Minister Cheema

Harpal Cheema said the Goods and Services Tax (GST) collections grew by Rs 2,467.30 crore over the corresponding period of ...
Tax Guru

Belated U/s 148 Return Costs Assessee: 1% NP Estimation Upheld

The tribunal held that non-filing of return within the due date disentitled the assessee from deduction under section 80P due to section 80AC. Consequently, lower profit claims based on accounts were ...
Tax Guru

CAG Flags ₹21,695 Crore GST Compliance Deviations

The audit uncovered large-scale mismatches and non-compliance in GST filings and payments. It highlights risks from ineligible ITC, return gaps, and weak departmental ...

GST collection up by 16% and excise revenue surges to Rs 7,401 cr in FY 2025-26: Punjab FM

Attributing this success to a harmonious framework of innovation and vigilance, the Finance Minister highlighted that the Excise and Taxation department has not only surpassed previous benchmarks but ...