Tag: tax evasion
gst: GST Council likely to vet CBIC’s plan for additional validations in return filing to check evasion
The GST Council is likely to consider CBIC’s proposal in its meeting scheduled to take place next month. According to Central Board of Indirect Taxes…
Tax collection in India one of the highest, reduce direct tax to 25 pc from 40 pc: Surjit Bhalla
While India is not the richest country in the world, the tax collection here is one of the highest and the income tax rate should…
tax evasion: GST officers detect tax evasion by offshore entities providing online betting, gambling
Tax officers have detected violation of GST law by offshore entities offering online betting and gambling platforms to Indian residents through mobile apps and are…
South Africa ex-President Jacob Zuma’s graft trial postponed again
CAPE TOWN: The corruption trial of former South African President Jacob Zuma was postponed again Monday as he seeks to have the lead prosecutor removed…
GST dept to scrutinise I-T, MCA data to identify entities not paying taxes
The GST department will soon begin analysing ITRs filed by businesses and professionals and also MCA filings to ascertain if the entities are adequately discharging…