« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  Tax concessions from a vacant house... GST to help remove cascading structures... » Sales Tax Dept cracks down on defaulters November, 30th 2007 In a major initiative against defaulting dealers, the Sales Tax Department in Maharashtra has launched a drive to prosecute the estimated 15,000 of five lakh registered dealers. "The drive began with the lodging of police complaints against seven defaulters yesterday. Police have already begun investigating activities of these dealers and our department has assured all cooperation," a senior department official said. As per procedure, dealers registered under VAT Act have to file periodical returns as per their annual tax liability. However, it was noticed that many dealers are not filing returns, the official told media. To curb this trend and punish the defaulters, the department has launched the drive and lodged police complaints against seven defaulting dealers, the official said, adding that in some serious cases, arrests cannot be ruled out. The drive against defaulters will continue for the next few months till action would be initiated against all the 15,000 registered dealers who are defaulters, the official said. "All dealers who have not filed returns so far have been directed by the Department to file returns immediately to avoid police action," the official said.