Searched for
SALES TAX EVASION
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- 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...
- Income-Tax Department probes restaurants for hidden salesThe Income-Tax Department is currently investigating restaurants across multiple cities. This action follows a Hyderabad probe that uncover...
- What is STT?STT is an indirect tax and is imposed on a broker rather than the investor/trader directly.
- GST officers seek clarification from companies for mismatch in sales returns, e-way bill dataThe government is banking on anti-evasion measures to meet its GST collection target for the current fiscal.
- Mamata Banerjee's govt creates own DRI and EDThe state DRI&E can investigate cases based on its own information and also cases referred to it by other revenue directorates or by the st...
- I-T unearths Rs 65 crore black money in human hairs exportThe undisclosed income was unearthed after income tax sleuths carried out raids on the properties of a north Karnataka-based exporter and d...
- Even kirana shops will find it hard to evade taxes nowThere may be other ways to evade GST, such as by splitting transactions to stay below the Rs 20-lakh threshold for registration, but that m...
- 7 Indian-origin businessmen charged with sales tax evasion in USSeven Indian-origin businessmen in the US have been charged with sales tax evasion of over $3.5 million and face up to 15 years' imprisonme...
- Major tax evasion cases unearthedPalghar district rural police spokesperson Manoj Landge told PTI that an offence each has been registered against two traders in Tulinj and...
- SIT detects tax evasion in HaryanaHaryana Lokayukta Justice Pritam Pal (Retd) had formed the SIT last year following a complaint submitted by a Kaithal-based resident, who h...
- 15,139 tax defaulters owe Rs 1,147 crore to J-K govtMinister for Finance Abdul Rahim Rather said the total number of sales tax defaulters in Jammu and Kashmir is 15,139 against whom Rs 1,147....
- Corporates rampantly using bogus bills to evade taxes: CBDT'We have verified bogus billing of Rs 7000 crore in Maharashtra. We expect the scale of the racket to be around Rs 25,000-Rs 30,000 crore.'
- Informers can take home up to 20 pc of tax evaded: FinMinIndividuals 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...
- Tax dept unearths Rs 217-cr evasionMaharashtra's sales tax department has busted tax evasion worth Rs 217 crore in raids carried out since January this year, state finance mi...
- Advocates can't audit, only CAs/Cost Accountants can: HCBombay High Court has held only chartered or cost accountants will be eligible to certify sales tax returns in bid to prevent evasion.
- Tax authorities seal Top N Town's office in BhopalThe Commercial Taxes Department of Madhya Pradesh has raided the factory and retail outlets of Top N Town, the ice-cream brand of Ramanis.
- Kerala govt aims to collect Rs 11,200 crThe Kerala Government has targeted to collect Rs 11,200 crore as sales tax collection during 2007-08, a 51 per cent increase over Rs 8,600 ...
Load More
