In a groundbreaking move, the Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) has issued a show cause notice to Binance, the world’s largest cryptocurrency exchange, demanding Goods and Services Tax (GST) payment of Rs 722 crore. This marks the first time the DGGI has issued such a notice to a cryptocurrency…
AHMEDABAD: The Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) has issued a show-cause notice to a major cryptocurrency exchange, demanding Goods and Services Tax (GST) payment of Rs 722 crore. This marks the first time the DGGI has issued such a notice to a cryptocurrency firm, setting a precedent in India’s…
A ransomware attack, attributed to the RansomEXX group, hit the National Payments Corporation of India (NPCI) and the connectivity was restored. The Karnataka state tax authorities issued a Rs 32,403 crore GST demand notice to Infosys but withdrew it. Meanwhile, Apple set a new quarterly revenue record in India, new rules for FASTag came into…
