India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
11 May, 2026, 11.51 PM IST
India shields pre-2017 foreign investment gains from strict tax rulesThis would allay fears of retrospective taxation, a longstanding concern for global investors, and reinforce India's image as a transparent...
01 Apr, 2026, 06.36 PM IST
India 'strong champion' of measures against offshore tax evasion: OECD officialIndia is a strong champion of tax transparency, with its recent campaign leading to the disclosure of over Rs 29,000 crore in undisclosed f...
14 Dec, 2025, 01.18 PM IST
Tax! It's a $492 billion offshore heist!A new report reveals a shocking $492 billion is lost globally each year to tax dodging, with multinational corporations and wealthy individ...
20 Nov, 2024, 11.31 PM IST
Tax the super-rich, ex-leaders tell G20Former presidents and prime ministers from the Club de Madrid are urging the leaders of the world's 20 largest economies to support a globa...
11 Jul, 2024, 05.00 PM IST
Global billionaire tax could yield $250 billion: StudyIf levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the resear...
24 Oct, 2023, 07.48 AM IST
EU Tax Observatory urges Global Minimum Tax on billionaires to combat evasion and raise $250 billion annuallyA global minimum tax on billionaires, which could earn $250 billion yearly, was proposed by the EU Tax Observatory on Monday October 23, as...
23 Oct, 2023, 11.54 PM IST
India for expanding scope of AEOI on non-financial assetsIndia has pitched for expanding the scope of automatic exchange of info or AEOI on non-financial assets including crypto and properties to ...
28 Apr, 2023, 12.20 AM IST
India's losing Rs 75,000 crore in taxes every year due to tax abuse by MNCs, individual evasionThe social impact of the lost tax is equivalent to 44.70 per cent of the health budget and 10.68 per cent of education spending. It also eq...
21 Nov, 2020, 09.51 AM IST
Government forms panel to check trade-based money launderingThis is part of the government's efforts to clamp down on black money generation by Indian entities both within and outside the country.
05 Dec, 2014, 03.44 AM IST
FM Arun Jaitley for more global cooperation to check tax evasion, smugglingJaitley called upon revenue intelligence officials to increase the use of technology to check financial malpractices.
04 Dec, 2014, 06.24 PM IST
G20 commits to automatic exchange of tax information by 2017India has been at the forefront of raising the issues concerning tax avoidance and automatic exchange of information with a view to curbing...
21 Sep, 2014, 05.23 PM IST
Government using information from various nations to check tax evasionThe government on Tuesday said it is effectively using the information received from various countries to combat the menace of tax evasion ...
22 Jul, 2014, 04.53 PM IST
Government continuing crackdown on wealth stashed by Indians abroadgovernment has initiated enquiries in several cases while information has been received in 67 such cases of money stashed abroad.
17 Feb, 2014, 01.18 PM IST
- India presses for cooperation to deal with tax evasion, black money
India pressed for greater international cooperation and global alignment of taxation systems to deal with the menace of tax evasion and bla...
08 Dec, 2011, 10.03 AM IST
- Manufacturing grows 200 per cent in tax evasion
Tax department’s search and seizure operations have revealed manufacturing to be a big tax evader in 2008-09 , just behind real estate, ind...
17 Nov, 2009, 08.46 AM IST
- Manufacturing sees 200% rise, in tax evasion
Tax department’s search and seizure operations have revealed manufacturing to be a big tax evader in 2008-09, just behind the real estate, ...
17 Nov, 2009, 02.28 AM IST