Pearl Harbor attack bombing survivor is keeping memory of Japanese attack at 106Even as the St. Louis headed into the Pacific Ocean, Johnson, whose job was known as a fireman on the ship, knew little about the attack.
Rs 400 crore agricultural income but no land: CBDT digs up names of rich ‘farmers’ without farmsTax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exemptions worth thousa...
Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
Gold discounts in India hit record at $200/ounce as duty hike sparks sellingIndia's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices pr...
Man bought demo car at big discount, RTO officer seized it citing Rs 60 lakh road tax dues; Karnataka HC gives relief to car ownerA Bengaluru RTO officer unlawfully seized Mr. Rama's demo car, leading to a zero FIR and charges of fraud. The Karnataka High Court quashed...
Two tax evaders get 3 years' jail, fined Rs 3LThe income tax department, which has filed more than 4,500 prosecution cases in courts across the country against tax evaders in the last o...
Government goes after tax evaders, 3-fold jump in prosecutionThere was a near four-fold rise in the prosecution cases filed in court, which added up to over 4,500 in 2017-18 compared to 1,252 in the p...
Strong action against big tax evaders acts as deterrent: CBDT"In such cases where after intensive fact assessment, the department undertakes search and seizure action as permissible under the law, mer...
Serious operation needed to combat 'black money cancer': SITIt said anti-tax evasion law is the only solution for combating and winning over the "cancerous" menace of illegal funds stashed abroad and...
Government warns service tax evadersThe tax defaulters will be "hit hard" if they failed to pay their dues, Revenue Secretary Sumit Bose today said.
- Panel on tackling black money to seek public views
Criminal charges on tax evaders and modification in existing laws to tackle the menace of black money topped the agenda of the first meetin...
- Go after tax evaders, not squeeze taxpayers further
Instead of squeezing more from those who already file returns and pay taxes, the department should go after those who remain outside the ta...
- I-T Dept to use power to arrest to retrieve huge tax arrears
The I-T Dept is all set to crack the whip on tax defaulters by invoking its power, not used for many years, to arrest and prosecute evaders.
- Tax refunds
The government's move to hold back tax refunds is silly; go after evaders instead.
- Tax amnesty: Penalise evaders, Don't reward loot
Govt formulating an amnesty scheme for the black money stashed overseas is a bad idea.
- Informers can take home up to 20 pc of tax evaded: FinMin
Individuals who tip-off the government on tax evaders can get to keep up to 20 per cent of the sum recovered, the government informed Parli...
- IT department to check tax-evaders with portable forensic labs
To outsmart tax evaders who resort to delete their financial data or hide it in password-protected devices during search operations, the I-...