Modi govt to detect tax evaders via information from Instagram, Facebook post
The government will sniff out tax evaders from information posted on Instagram and Facebook.
Jul 28, 2017, 12:11 PM IST
Those expressing concerns over GST are tax evaders: Adi Godrej
Veteran industrialist Adi B Godrej says those expressing concerns over GST and calling for postponement of its implementation are mainly tax evaders.
Apr 11, 2017, 13:08 PM IST
Banks get time till June 30 to obtain PAN from account holders
The tax department had in January asked banks, post offices and cooperative banks to document PAN or declaration of Form 60 received from account holders and maintain all records for transactions under Rule 114B of I-T Act.
Apr 07, 2017, 16:43 PM IST
Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financial years.
Apr 07, 2017, 13:13 PM IST
Sizable dip in Indian black money parked abroad: FM Jaitley
Finance Minister Arun Jaitley today said the Narendra Modi government's "activism" against black money in the last two years has resulted into a "sizable dip" in illegal assets stashed abroad by Indians.
Jul 10, 2016, 17:42 PM IST
Sebi widens black money probe; offshore arbitrage under lens
Widening its probe into suspected tax evasion and laundering of black money through stock markets, regulator Sebi is looking into illicit 'arbitrage' through derivatives trading from offshore locations.
Sep 20, 2015, 15:22 PM IST
Black money: Compliance window to be short and out soon
They added the window could be kept "as short as possible" as a 'trend analysis' of the subject has shown that the target audience for this special exercise would not be a very large base.
Jun 22, 2015, 14:52 PM IST
I-T dept plans stringent action against habitual evaders
This follows a strategy evolved at a recently-concluded national conference of I-T brass here where it was decided to go after the evaders with full vigour.
Jun 21, 2015, 10:46 AM IST
Strong action against big tax evaders acts as deterrent: CBDT
The CBDT Monday dismissed reports that it has asked its officers to go beyond raids and searches to target tax evaders and maintained that stringent action in big cases of evasion would go a long way to demonstrate to compliant taxpayers that laws are just and fair.
Jun 08, 2015, 22:55 PM IST
Instill fear of jail and social censure in tax evaders: CBDT
Taxman should instill the fear of "incarceration, loss of liberty and social opprobrium" in tax evaders and prosecute them in large numbers to create a credible deterrence against the menace of black money, the CBDT says.
Jun 07, 2015, 09:30 AM IST
I-T dept publishes list of big tax defaulters in newspapers
As part of its strategy of 'naming and shaming' big defaulters, the Income Tax department on Sunday published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government.
Apr 26, 2015, 13:42 PM IST
UK unveils new measures to combat tax evasion
Corporations linked to offshore tax evasion by investors in Britain will face criminal sanctions under government plans unveiled Thursday, a month after an international scandal over tax-dodging in Switzerland.
Mar 20, 2015, 10:47 AM IST
Jaitley against burdening salaried, middle class; may raise tax exemption limit
Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net.
Nov 22, 2014, 15:50 PM IST
No amnesty for tax evaders; govt vows re-look at GAAR
The government Wednesday ruled out any tax amnesty scheme to unearth black money saying it goes against honest taxpayers even as it sought to send out a positive signal to investors by promising a re-look at the controversial GAAR shortly.
Jul 30, 2014, 21:40 PM IST
