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GST officers detect over 29,000 bogus firms involved in fake ITC claims of Rs 44,000 cr

To curb fraud in Goods and Services Tax (GST) and increase compliance, the GST formations, under the Central Board of Indirect Taxes and Customs (CBIC) and the State/UT Governments, across the country are carrying out a focused drive on the issue of non-existent / bogus registrations and issuance of fake invoices without any underlying supply of goods and service. ....

Uttar Pradesh , Services Tax , Input Tax Credit , Andhra Pradesh , Central Board , Indirect Taxes , Gst Officers , Bogus Firms , Fake Itc Claims , Rs 44 , 000 Cr , Fake Registration , Itc Evasion ,

FPIs outflow in equities crosses Rs 10,000 cr

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks.

Before the outflow, FPIs were incessantly buying Indian equities in the ....

Himanshu Srivastava , Mayank Mehra , Investment Strategist At Geojit Financial Services , Foreign Portfolio Investors , Craving Alpha , Chief Investment Strategist , Geojit Financial Services , Associate Director , Morningstar India , Fpis Outflow In Equities Crosses Rs 10 , 000 Cr ,

HonorTech to relaunch Honor brand of phones, to invest Rs 1,000 cr

HonorTech will relaunch the Honor brand of smartphones in the country in September with plans to initially invest Rs 1,000 crore in the business, a senior company official said.

For the relaunch, HonorTech is going to work under a licensing deal with a Chinese smart devices company Honor, in ....

Madhav Sheth , Shenzhen Zhixin New Information Technology , Honortech To Relaunch Honor Brand Of Phones , O Invest Rs 1 , 000 Cr ,