Adhia told ET that the Narendra Modi government has taken significant steps to address the issue of black money in the economy.

Jayant Sinha said the failure to unveil assets abroad will invite a rigorous jail term of up to seven years.

Elaborating on the proposed legislation, Jayant Sinha said the concealment of income and tax evasion could result in imprisonment of up to ...

About 48,000 declaration forms involving service tax revenue of at least Rs 6,000 crore may have been filed under the scheme.

5,500 crore under the voluntary compliance encouragement scheme (VCES), which ends December 31.The finance ministry expects to bring around...

The next two days may see a large number of applications from service tax defaulters as deadline for the first-of-its-kind amnesty scheme e...

Finance Ministry has detected service tax evasion of about Rs 600 crore between January and July this year.

It makes sense to be pragmatic on some well-designed tax amnesty schemes.

Govt formulating an amnesty scheme for the black money stashed overseas is a bad idea.

The revenue department’s proposal to bring tax evasion under the ambit of the anti-terror financing law and send evaders to prison is not a...

Amnesty schemes offer relief to tax evaders and penalise honest taxpayers.

Reversal of a three-year-old decision threatens to make honest tax-paying old-fashioned.

The Budget fine-print reveals that life could get a little easier for evaders, both companies and individuals, that have tax dues of over R...

The Budget fine-print reveals that life could get a little easier for evaders, both companies and individuals, that have tax dues of over R...

EA2000, which did away with the practice of almost universal assessment, has been useful in many ways: it could step up detection of improp...

The UPA government is set to come up with schemes to unearth black money, but without offering amnesty.

The law ministry has raised some questions on the viability of future amnesty schemes.