GST Council to meet tomorrow; discuss roll out of e-way bill
The meeting assumes importance as there has been Rs 12,000 crore revenue decline in GST in October over the preceding month.
Narendra Modi closing in on tax evaders, will make evasion impossible
The government's various steps are likely to show visible results next ...
Income Tax department attaches 2 bank accounts, row house of Yash Birla
The tax department is aiming to recover Rs 743 crore on earnings of R...
EU to propose tax evasion legislation following "Football Leaks"
SOCCER-TAXATION-EU:EU to propose tax evasion legislation following "Football Leaks"
Paradise Papers: Here's the status report of earlier leaks
With another set of disclosures on offshore accounts with the Paradise Papers, ET does a check on the state of investigations into a series of earlier disclosures:
Demonetisation: Income Tax department to launch assessment of defaulters from January
The action is a part of the Operation Clean Money (OCM), initiated by the department early this year to specifically check black money instances in the wake of demonetisation.
Sebi bans 3 entities in tax evasion case
The entities are alleged beneficiaries of preferential allotment scheme, which was created to provide bogus long term capital gains benefits to the allottees.
Paradise Papers: Here’s how to fix this corporate mess
Perfect solution would be to equalise corporate taxes everywhere. But that would be extremely uncomfortable not only for the tax havens, but industrial countries.
GST will cut tax evasion, check price rise: Finance Minister Arun Jaitley
Jaitley said the GST Council will look at bringing real estate in GST net by next year and revisit taxing of petroleum products under the new regime in 1-2 years.
PM Narendra Modi's big economic gamble in tatters as cash remains king
India’s previous government was criticized for massive corruption scandals and a policy paralysis, helping Modi sweep to power in 2014 with the biggest mandate in three decades.
DGCEI busts illegal gutkha unit, detects Rs 400 crore tax evasion
The factory operated from a poultry farm on Pavan college road, Kolar, and manufactured Khaleja, Rebel, Remo, Kabali, Dubai, MC, HAI and AAA1000 brands of pan masala.
DGSTI Chennai arrests jeweller for Rs 20 crore central excise duty evasion
This is the first arrest of any jeweller all over India made by DGSTI. The MD & CEO was arrested on September 29 and has been remanded to 14 days judicial custody.
Errant sellers use loopholes, ask for cash to evade GST
Narendra Modi has said that GST is the tool to put an end to the system of kuchcha-pucca bills. But the system hasn’t delivered just yet.
Arun Jaitley to visit Paris next week, sign OECD pact on tax evasion
During his three-day visit beginning June 7, Jaitley will also attend the OECD Ministerial Council meeting, in which ministers from the OECD and partner countries will discuss issues of global relevance.
L&T Infotech bags $100 mn contract to help pin down tax evaders
Since the note ban last November, the government has been putting in lots of efforts to plug the loopholes in the taxation system using advanced technology.
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