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ROAD TAX EVASION
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...
Direct vs indirect taxes: Key differences and how they impact taxpayers and prices in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
How a Bengaluru man tried to dodge tax by registering his Ferrari & Mercedes in other states but ended up paying Rs 1 crore in duesA Bengaluru businessman is in trouble for avoiding Karnataka road tax. He registered his luxury cars in other states. The transport departm...
Chinese companies linked to CPEC projects evade tax commitments in BangladeshBangladesh authorities have found that a Chinese company China Road & Bridge Corporation (CRBC), a subsidiary of China Communications Const...
GST officials detect over Rs 830 cr tax evasion by Delhi-based pan-masala manufacturing unitThe firm was evading the payment of Goods and Services Tax (GST) by manufacturing and clandestinely supplying gutkha/pan masala/tobacco pro...
GST intelligence officers arrest SOM Distilleries promoters in alleged tax evasion case"During the search operation, it was gathered that during the COVID-induced lockdown SDPL had also manufactured alcohol-based hand sanitize...
Changes planned in e-way bill system to contain GST evasionE-way bill system will be enabled to auto calculate the distance for movement of goods based on the postal PIN codes of source and destinat...
FASTag: How GST will cruise ahead with new-age techIt employs Radio Frequency Identification (RFID) tech for making toll payments directly from the account linked.
I-T crackdowns on bureaucrats; detects Rs 20 crore black incomeThe department also raided the premises of a senior official in Noida and that of a UP road transport department officer based in Kanpur.
Ensure road connectivity to all villages in Assam in three years: Sarbananda SonowalSonowal emphasised on the need for maximisation of revenue collections, find a solution to stop revenue leakages from forest resources and ...
Ensure road connectivity to all villages in 3 years: Sarbananda SonowalSonowal also directed Public Works Department (PWD) officials to immediately create a roadmap for proper maintenance of the rural road netw...
Rs 4-crore tax evasion unearthed during raid on confectionariesCommercial Tax department sleuths have detected tax evasion of nearly Rs 4 crore following raids on five confectionaries in the Sanwer Road...
Government departments told to ensure achievement of revenue targetsExcise officials have been strictly warned to check smuggling of liquor from Haryana and Delhi into Uttar Pradesh from border areas.
Delhi International Airport Private Limited faces alleged service tax evasion chargeDIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.
PMO asks Shipping Ministry to fast-track Sagarmala projectThe Prime Minister's Office has asked the Shipping Ministry to expedite work on Sagarmala project, aimed at port-led development.
Taxing super-rich could be counter-productive: Aditya PuriClarifying that he is neither against the move and nor supporting it, Puri said though it was "a good political move it does not serve any ...
I-T department plans raids for possible tax evasion on medium and large corporatesThe investigation wing, which is the enforcement arm of the income tax department, has been lying low since the retirement of its director-...
- Hawala racket: 37 firms raided in Mumbai, Rs 6500 cr busted
Maharashtra Sales Tax department claimed to have unearthed a major hawala racket having a turnover of Rs 6,500 crore after raiding 37 firms...
- I-T sleuths search premises of TDP leader
Income Tax Department officials today conducted searches in the office and residence of TDP MP Nama Nageswara Rao.
- India, Myanmar inks double taxation avoidance treaty
India and Myanmar have signed the Double Taxation Avoidance Agreement, which will enable both nations to prevent tax evasion and ensure tha...