A 62-year-old retired Commercial Taxes Department employee allegedly died by suicide after jumping from the seventh floor of Mayur Kushal Complex on Abid Road in Hyderabad. Police have launched an investigation to ascertain the circumstances and reasons behind the incident.
Deputy Chief Minister Mallu Bhatti Vikramarka has directed officials to intensify revenue mobilisation efforts across departments, citing an annual loss of Rs 5,000 crore due to recent GST rate revisions. At a Cabinet Sub-Committee meeting, he called for reviews, policy proposals, and a report on improving collections in the Stamps and Registration Department.
The Telangana State Commercial Taxes Department has uncovered a major GST fraud exceeding Rs. 100 crore involving Keshaan Industries LLP, a Hyderabad-based company accused of issuing bogus tax invoices for copper supplies without actual movement of goods.
