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Pay up: I-T dept names and shames 31 defaulters, seeks Rs 1,500 cr in tax

Apr 16, 2015

Pay up: I-T dept names and shames 31 defaulters, seeks Rs 1,500 cr in tax

The initiative, according to a senior tax official, is aimed at publicising and putting these names in public domain #Tax evasion #Income Tax Department #tax revenue #Totem Infrastructure #Patheja Bros Forging & Auto Parts Mfg Co
Black money holders will have one last chance to disclose overseas assets

Mar 01, 2015

Black money holders will have one last chance to disclose overseas assets

Indians holding black money abroad will be given a last chance to disclose their overseas bank accounts or wealth to the government and avoid a jail term. #Black money #NewsTracker #Tax evasion #parliament #Budget Session #Jayant Sinha #budget 2015 #Budget2015
Budget 2015: 3 stats that show why tax evasion is a very serious problem

Feb 27, 2015

Budget 2015: 3 stats that show why tax evasion is a very serious problem

The government's endeavour should be to increase tax-to-GDP ratio to a higher level; for that, tax net should be widened and evasion checked #GDP #Tax evasion #Tax-to-GDP ratio #tax revenue #Budget2015 #Economy Budget 2015
HSBC's India headcount up by 1,000, US staff size down

Feb 24, 2015

HSBC's India headcount up by 1,000, US staff size down

India has been ranked second among its "main centres of employment" after the UK, where it employed 8,000 persons. #India #Black money #US #Tax evasion #CompanyWatch #HSBC #UK #Headcount
Jaitley may announce plans to combat black money in Budget speech

Feb 23, 2015

Jaitley may announce plans to combat black money in Budget speech

Experts and officials said SIT's demand to firm up official protocols vis-a-vis sharing of information between various law enforcement agencies and making amendments in anti-money laundering laws and Income Tax Act could be considered for action in the Budget. #Black money #Tax evasion #Arun Jaitley #PAN #Budget2015