Tag: tax evasion
Posted in Economy
Income-Tax Department detects ₹700 crore in fraudulent exemption claims
New Delhi: The Income-Tax Department has detected a large number of fraudulent exemption claims by taxpayers and has incorporated additional risk assessment in processing of…
Posted in Economy
Government planning to bring shell companies out of their shell
New Delhi: The government is planning to tighten regulations to bring shell companies under stricter supervision and address regulatory blind spots. The ministries of finance,…