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IT-Department attaches bank accounts of Punjab minister Navjot Singh Sidhu for evading taxes
Business

IT-Department attaches bank accounts of Punjab minister Navjot Singh Sidhu for evading taxes

The Income Tax (IT) Department has seized two bank accounts of Punjab minister Navjot Singh Sidhu in a tax evasion case.

Income Tax Department takes cognisance of Cognizant’s Rs 2,500 cr tax avoidance, but will not succeed
Business

Income Tax Department takes cognisance of Cognizant’s Rs 2,500 cr tax avoidance, but will not succeed

Tax avoidance is still a potent part of a tax payer’s armour. The only way to end tax avoidance is legislative interference.