Tax Compliance News - Latest Updates & Headlines
Late GST returns can't be filed after 3 years; GSTR-3B to become non-editable from July
New Delhi, June 7: The Goods and Services Tax Network (GSTN) announced major changes on Saturday, stating that from the July 2025 tax period, the monthly GST payment form GSTR-3B will become non-editable.
CBIC issues revised instructions for processing GST registration applications
New Delhi, April 18: The Central Board of Indirect Taxes (CBIC) has issued revised instructions to the officers for processing GST registration applications, that will reduce compliance burden on taxpayers and facilitate rule-based transparency, it was announced on Friday.
GST officials step up drive to register more traders under tax regime
New Delhi, March 23: As part of the Union Finance Ministry’s outreach to increase the country’s tax base, the field formations of the Central Goods and Services Tax (CGST) Commissionerate have launched awareness campaigns to increase registration and compliance under the GST regime.
CBDT's trust first approach yields significant result, 30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore
By Shailesh Yadav, New Delhi, 6 March: The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI.
Punjab adds 46,338 GST taxpayers: Finance Minister Cheema
Chandigarh, Feb 18: Punjab Finance Minister Harpal Singh Cheema on Tuesday said the Excise and Taxation Department has conducted targeted GST registration drives to broaden the tax base, resulting in the addition of 46,338 taxpayers in 2023-24 and approximately 33,000 new taxpayers up to December 2024.
Union Budget is non-inflationary, says Finance Secretary Tuhin Pandey
New Delhi, February 6: Finance Secretary Tuhin Kanta Pandey has emphasized the government's commitment to maintaining fiscal discipline while fostering economic growth, stating that the Union Budget 2024-25 is "absolutely non-inflationary".