• Tag results for Tax evasion

12 kg gold, 626 carats of diamonds seized during Saravana Stores raids; tax evasion worth Rs 433 crore

The raids also revealed that money was being paid in real estate aggregation through the real estate firms.

published on : 7th February 2019

Karnataka HC gives liberty to Minister DK Shivakumar to seek more time from ED

Senior advocate and former union minister Kapil Sibal appears for DK Shivakumar.

published on : 7th February 2019

Government stops printing Rs 2000 notes, says report

While it was introduced by the Modi government in November 2016 to curb black money, reports suggest that the government now suspects that the Rs 2,000 note is being used for tax evasion.

published on : 3rd January 2019

GST Intelligence busts Rs 220 crore fake tax-invoices scam in Tamil Nadu

According to the documents seized, fake invoices covering goods worth more than Rs 220 crore were issued without supply of goods.

published on : 23rd December 2018

GST evasion of Rs 12,766 crore detected in April-November

During the current financial year 2018-19 (between April 2018 and November 2018), 3,196 cases of suspected GST evasion amounting to Rs 12,766.85 crore have been identified.

published on : 18th December 2018

India-China amends double taxation avoidance treaty to deal with tax evasion

Further, the Protocol incorporates changes required to implement treaty related minimum standards under the Action reports of Base Erosion & Profit shifting (BEPS) Project.

published on : 26th November 2018

Rs 29,088 crore indirect tax evasion detected during April-Oct says Finance Ministry 

The bulk of the evasion was detected in case of service tax. The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.

published on : 21st November 2018

Tax evasion: Egypt's retired football star sentenced to a year in prison

Egypt froze Aboutrika's assets in 2015 and placed him on a no-fly list in 2017 over allegations of links to the outlawed Muslim Brotherhood, labelled a terrorist organization.

published on : 13th November 2018

Hyderabad: Network of fictitious firms used to fake input tax credit on GST

As many as 20 fake firms spread across Andhra Pradesh and Telangana are identified and one such firm detected, for instance, is registered with GSTN in the name of a sanitation worker.

published on : 2nd November 2018

Andhra Pradesh: I-T officials conduct raids at house, offices of TDP leader Kovelmudi Ravindra

Ravindranath is a senior TDP leader and owned petrol filling and gas filling stations.

published on : 29th October 2018

Income Tax officials raid mineral export, real estate firms in Andhra Pradesh 

I-T officials reportedly drawn from neighbouring Telangana and Odisha and also from Chennai and Bengaluru reached Visakhapatnam on Wednesday night itself. 

published on : 26th October 2018

Firm of Vijayawada Mayor Koneru Sridhar’s brother raided for tax evasion

According to sources, the Tax department officials found irregularities in the income they generated by organising events and expenditure.

published on : 25th October 2018

IT Department raids several mineral export firms in Tamil Nadu, Andhra Pradesh

One of the firms identified by ITD officials is V V minerals of Tamil Nadu.

published on : 25th October 2018

Enforcement Directorate files case against Minister DK Shivakumar for alleged hawala deals

Following the Enforcement Case Information Report filed by the agency, Shivakumar and his associates are expected to be summoned to Delhi for questioning.

published on : 19th September 2018

Government sets up office of GST Commissioner to deal with tax evasion 

With most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforcement with a view to shore up revenues by checking tax evasion

published on : 12th September 2018
1 2 >