Tax Compliance Inspections In Ludh | Ludhiana News

Ludhiana: As part of ongoing efforts to combat tax evasionimprove tax complianceand ensure transparency, Krishan Kumar, the financial commissioner of taxation for the department of excise and taxation, Govt of Punjabvisited Ludhiana on Thursday. He has joined inspection teams in Ghumar Mandi, Jawahar Camp, and the Bus Stand Market.
Earlier, on Kumar’s directives, the department had launched a thorough inspection of invoices issued by businesses to consumers (B2C) across various sectors. The focus is on ensuring that businesses comply with regulatory guidelines related to invoicing, tax collection, and reporting.
Businesses found violating these rules, including failure to issue proper invoices, under-reporting sales, and incorrect tax calculation, may face penalties under the relevant tax regulations. The department encourages all businesses to maintain proper documentation and records of their transactions to avoid any discrepancies during checks.
The official urged the consumers to demand invoices for their purchases, as it not only ensures transparency but also adds to the nation’s revenue, enabling better public services and infrastructure development.

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