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Archive: 15 December 2021

Posts in 15 December 2021

Key initiatives taken by Government for Fintech ecosystem in India

December 15, 2021 10701 Views 0 comment Print

With Fintech adoption rate at 87% against the global average of 64%, India has emerged as one of the largest digital markets in the world. Fintech Sector has huge potential in India, supported by an enabling policy and digital infrastructure framework. As per industry estimate, India has over 676 million smartphone users, over 1.2 billion telecom subscribers […]

Denial of bail to assessee as bogus ITC claimed without supply of any physical goods

December 15, 2021 1650 Views 0 comment Print

Rajeev Mishra Vs State of Odisha And Another (Orissa High Court) Conclusion: Considering the nature and gravity of the accusation, the nature of supporting evidence, availability of prima facie case against assessee, coupled with the fact that a huge amount of public money had been misappropriated by availing and passing of bogus ITC, assessee was […]

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