CBDT allows taxman to widen certain 'limited scrutiny' cases
The Central Board of Direct Taxes (CBDT), as per the directive, said it received "several" representations by field officials of the I-T Department in 'limited scrutiny' cases .
FASTag: How GST will cruise ahead with new-age tech
It employs Radio Frequency Identification (RFID) tech for making toll payments directly f...
GST: Centre defers reverse charge mechanism till September 30
The mechanism, an anti-tax-evasion measure to ensure transactions by unregister...
Bangladesh sleuths discover Pakistan money trail in insurance firm
The government of Sheikh Hasina which is tough with controlling Pak-based finances is likely to take strong action against this firm ahead of elections.
Average income of salaried, non-salaried & corporate taxpayers rises over last 3 years: CBDT
The policy-making body for the Income Tax Department (ITD), while releasing the latest data, also said that the "average tax" paid by corporates and individual taxpayers has seen a jump over the same time period.
State vs Centre: Now central offices can scrutinise companies under state jurisdiction
The CBEC asked central tax officers to initiate action if they detected tax evasion based on intelligence inputs even in companies that fall under state tax administrations.
Tax evasion case: Warrant issued against Nirav Modi
Officials said the department was investigating the matter against Modi since 2017 but declined to disclose the details of the property.
CVC refers Cadbury tax evasion case to CBI
A Mondelez India spokesperson said in an email response that its executives acted in good faith and within the law while claiming excise tax benefits for its plant in Baddi.
I-T unearths Rs 195 crore black income after raids on major Karnataka fish processing firms
This was being routed through hawala channels to countries such as Dubai, Oman and Mauritius, and nations in the Middle East and Africa, it said.
Taxmen raid Jaya TV, associates, over suspected tax evasion
The allegation covers aspects like shell companies, dubious investments, fund flow and fudging of accounts, income.
Income tax department warns salaried taxpayers against tax evasion by under-reporting income
The income tax department has warned salaried taxpayers against under-reporting income or inflating deductions/exemptions while filing income tax returns.
Demonetisation, GST can end crony capitalism and tax evasion: Arun Jaitley
Claiming that government is "extremely transparent" when it comes to banking matters he said he wants a system which shows the true health of the system.
LIC receives Rs 2,050 cr service tax notice from DGGI
Directorate-General of Goods & Services Tax Intelligence's Kolkata zonal office issued a notice which said LIC suppressed facts with intent to evade payment of tax.
Tax evasion fears deepen, government in a fix over Rs 34,000-crore mismatch in GST math
A preliminary analysis of GST returns filed between July and December indicate the scale of under-reporting of tax liabilities could be humongous.
Tax evasion via stocks: Sebi lifts market ban on 244 entities
The move comes after Securities and Exchange Board of India (Sebi) earlier this month revoked ban on more than 500 entities in four separate cases.
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