Tag: India tax evasion
Posted in Economy
India tightens norms to plug likely tax swindling efforts via donations to trusts
June 27, 2023 Leave a Comment on India tightens norms to plug likely tax swindling efforts via donations to trusts
The Central Board of Direct Taxes has tightened norms for charitable, religious, and educational trusts with their their income tax returns, months after suspecting large…
Posted in Economy
gst tax evasion: Fixing the bleed: India is losing billions to GST tax evasion, and it needs to act fast
February 16, 2023 Leave a Comment on gst tax evasion: Fixing the bleed: India is losing billions to GST tax evasion, and it needs to act fast
The North Block has been cheering the trend of India’s monthly revenue collection from goods and services tax hitting Rs 1.5 lakh crore and becoming…