Hyderabad Firm MD Held in ₹5.83 Crore GST Fraud Case
DGGI Visakhapatnam arrests Hyderabad telecom firm's MD for ₹5.83 crore fraudulent Input Tax Credit using fake invoices. Read the full investigation details.
Category : Search result: high input costs
HC imposes Rs 30k cost on petitioner for frivolous plea
Punjab & Haryana High Court dismisses a contempt petition, imposes Rs 30,000 costs, citing abuse of process. Justice Sharma warns against frivolous litigation clogging courts. Read the full order details.
Tripura HC: ITC Denial for Supplier's Default Unfair
Tripura High Court rules that honest taxpayers cannot be denied Input Tax Credit if their supplier fails to deposit GST. Landmark judgment protects bona fide transactions from penalty. Read the full analysis.
GST Reductions to Lift FMCG Margins in Q4 FY26: Report
Recent GST rate cuts on key inputs like edible oil and packaging will lower costs for FMCG firms, boosting margins by 200-400 basis points in Q4 FY26, says a CRISIL report.
Congress Leader, Bizman Held in Rs 50+ Crore GST Fraud
Hyderabad DGGI arrests Congress's Balkonda in-charge Muthyala Sunil Kumar & Bengaluru's N Chethan in separate GST fraud cases totaling over Rs 50 crore. Details on the scams and bail.
Meta Ray-Ban Glasses: New Features, Delayed Global Launch
Meta announces teleprompter & EMG 'handwriting' input for Ray-Ban Display glasses at CES 2026, but delays international rollout to focus on US supply due to high demand.
Affordable Housing Share Drops to 18% Amid High Costs
The share of affordable housing in India's key cities has sharply fallen from 38% in 2019 to just 18-19% in 2025. Discover why developers are shying away and what this means for homebuyers.
Rs 1,464 Crore Fake GST Invoice Racket Busted, 4 Arrested
Karnataka's commercial taxes department busts a massive interstate fake invoice scam worth Rs 1,464 crore. Four arrested in simultaneous raids across two states. Details inside.
Vodafone Idea Gets ₹637 Crore GST Penalty Demand
Vodafone Idea receives a massive ₹637 crore GST penalty notice for alleged tax shortfall. Investors brace for stock market impact on January 2, 2026. Read the full details.
Renault India Announces Up to 2% Price Hike from Jan
Renault India will raise vehicle prices by up to 2% from January 2026, citing rising input costs. Other major carmakers like Mercedes, BMW, and Audi are also increasing prices.
Kerala HC fines lawyer Rs 40k for vacation bench filings
Kerala High Court imposes Rs 10,000 cost in four cases against lawyer V R Manoranjan for lack of bona fides in bringing matters before vacation bench. Details inside.
Ahmedabad GST Fraud: Rs 78 Cr Evasion Detected
DGGI Ahmedabad uncovers Rs 78 crore GST fraud network using 8 fake firms for fraudulent input tax credit. Key accused arrested. Details inside.
UP Opposition MLCs Slam Govt Over Farmer Distress
Opposition MLCs in UP Vidhan Parishad highlight rising input costs, delayed payments, and stray cattle crisis. Govt defends with income growth data. Read the full debate.
Nagpur GST Fraud: ₹25 Lakh Scam via Fake ITC Claims
Nagpur police book three for allegedly defrauding govt of ₹25 lakh via fraudulent GST input tax credit claims using fake documents. Details of the case under BNS & MGST Act inside.
Verify GST Number: A Step-by-Step Guide to Avoid Scams
Learn how to verify a GSTIN in India to prevent fraudulent payments and loss of Input Tax Credit. Follow our simple guide using official government portals.
BIS Launches Standardised Hospital Billing System
The Bureau of Indian Standards introduces IS 18000 to standardise hospital bills, aiming to eliminate hidden charges and improve transparency for patients across India.
Jaipur: ₹1 Crore fines by mobile courts in Nov for traffic rules
Jaipur's mobile courts imposed over ₹1 crore in fines in November, targeting drunk and reckless driving to enhance road safety. Read about the stringent penalties and key cases.
Goa Farmers Protest High Costs, Outdated Subsidy Mechanism
Goa farmers met officials, highlighting how high input costs and an outdated subsidy system threaten farming viability. They demand revised rates, power relief, and restored tribal subsidies. Read their key demands.
Thane: 4 Booked for Rs 22 Crore GST Fraud Using Fake Firms
Thane police register a case against four individuals for allegedly creating eight fake GST firms and fraudulently claiming over Rs 22 crore in input tax credit. No arrests made yet. Details inside.
US Senators Probe Tech Giants Over Rising Power Costs
US senators demand answers from Google, Amazon, and others on whether their energy-hungry AI data centers are increasing electricity costs for American families. Read the full investigation.
Railway Fare Hike: New Rates Effective December 26
Indian Railways announces revised passenger fares effective December 26 to address rising operational costs. Check the new fare structure for Ordinary, Non-AC, and AC classes.
Railways Fare Hike from Dec 26: Details & Impact
Indian Railways announces a rationalised fare hike effective December 26. No increase for suburban travel, monthly passes, or short journeys under 215 km. Get all the details here.
UltraTech Cement to Contest Rs 782 Crore GST Demand Notice
UltraTech Cement receives a Rs 782.2 crore GST demand notice for 2018-2023 period. The company plans to legally challenge the order. Read the full details.
Orban Slams EU's €90bn Ukraine Loan, Warns of War Intentions
Hungary's PM Viktor Orban accuses EU of lying about war costs after Brussels talks. He says taxpayers will fund Russia, warns of legal risks. Full analysis inside.
Trump Announces Drug Price Deals, Launches TrumpRx.gov
President Trump announces agreements with 9 drug firms to lower prices via new portal TrumpRx.gov. Will it cut costs for Americans? Details on the plan, participating companies, and expert analysis.
Trump Announces New Drug Price Agreements Dec 19
US President Donald Trump will announce new pacts with major drugmakers like AbbVie & Merck to lower prescription costs. Details on the 'most-favored-nation' push here.
Jharkhand HC fines state Rs 1 lakh for frivolous plea
Jharkhand High Court imposes Rs 1 lakh costs on state officials for filing a review petition to stall court proceedings. The court said the state is not an 'ordinary litigant'.
7 Hacks to Warm Your Home Without Heaters
Struggling with winter chills? Discover 7 simple, cost-effective hacks to keep your home warm and cozy without relying on electric heaters. Save on bills and stay comfortable!
Indians Use Credit Card Rewards to Offset Rising Travel Costs
A new report reveals Indians are strategically using credit card reward points for flight redemptions to combat high airfares. Discover how savvy travellers are maximising benefits.
Sebi's New MF Rules: Lower Costs, Clearer Disclosures
Sebi introduces new mutual fund rules with lower expense caps, transparent fee structures, and simplified compliance. Learn how this impacts your investment costs from April 2026.
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