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Latest News on Tax Evasion
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Tax Evasion - Total results - 283
Oct 12, 2019
GST may have flaws but we cannot damn it; it is 'kanoon' of the country, says Finance Minister Nirmala SitharamanGST was launched across the country with effect from 1 July, 2017.
Aug 02, 2019
CCD founder VG Siddhartha's death fuels Corporate India's anger over govt's 'overzealous' crackdown on fraud, tax evasionTax collectors are also under pressure, government sources familiar with the matter have said, declining to be identified as they were not authorized to speak on the matter.
Jul 24, 2019
Nirmala Sitharaman asks taxmen to deal firmly with evaders, act as facilitators to honest taxpayersFinance Minister Nirmala Sitharaman on Wednesday asked taxmen to firmly deal with those who try to evade taxes and game the system but act as facilitators to those who want to pay taxes honestly
Jul 08, 2019
Additional tax burden on super-rich is flawed; goes against Narendra Modi's claim of kamdars over naamdarsSitharaman's Budget can potentially disincentivise those who invest in high-value skills such as a surgeon or an architect, for instance
Jun 06, 2019
Shakira faces $16.4 mn tax fraud case in Spanish court; pop singer denies accusationShakira’s public relations firm says the Colombian pop musician has denied any wrongdoing when she testified before a judge as part of an investigation into her alleged tax evasion in Spain.
Apr 10, 2019
Arun Jaitley dismisses allegations of political vendetta, says I-T raids on basis of material evidenceDismissing the allegations of political vendetta levelled by the opposition parties, Finance Minister Arun Jaitley Wednesday said revenue department acts objectively and conducts search operations only on the basis of material evidence
Apr 01, 2019
In which Amit Shah gives it to economists and critics: If economy is booming, govt income and spending are growing, fiscal deficit is falling, where's the crisis?The success of demonetisation and GST is there for everyone to see, he said, except for the bigoted and the jaundice-eyed.
Mar 28, 2019
CBDT raises alarm as direct tax collection remains short of 15%; officials asked to pull up socks to achieve targetThe officer expressed CBDT's disappointment at this situation and has asked the supervisory tax officials to pull up their socks and ensure no stone remains unturned to achieve the target.
Feb 08, 2019
Rationalise regime of standard deduction for salaried class; keep highly paid CEOs out of this facilityStandard deduction for the salaried class in its new avatar is one-size-fits-all — it is the same for both the CEO of a company and his lowly minion at the bottom of the heap.
Feb 04, 2019
Piyush Goyal's FY20 forecast of GST revenue growth is ambitious; any shortfall to affect social sector spendingAn analysis shows that tax revenue forecasted in the year budget is presented often tends to be different from the actual revenue generated.