Black money: Compliance window to be short and out soon

Last Updated: Monday, June 22, 2015, 14:52

They added the window could be kept "as short as possible" as a 'trend analysis' of the subject has shown that the target audience for this special exercise would not be a very large base.

I-T dept plans stringent action against habitual evaders

Last Updated: Sunday, June 21, 2015, 10:46

This follows a strategy evolved at a recently-concluded national conference of I-T brass here where it was decided to go after the evaders with full vigour.

Strong action against big tax evaders acts as deterrent: CBDT

Last Updated: Monday, June 8, 2015, 22:55

The CBDT Monday dismissed reports that it has asked its officers to go beyond raids and searches to target tax evaders and maintained that stringent action in big cases of evasion would go a long way to demonstrate to compliant taxpayers that laws are just and fair.

Instill fear of jail and social censure in tax evaders: CBDT

Last Updated: Sunday, June 7, 2015, 09:30

Taxman should instill the fear of "incarceration, loss of liberty and social opprobrium" in tax evaders and prosecute them in large numbers to create a credible deterrence against the menace of black money, the CBDT says.

I-T dept publishes list of big tax defaulters in newspapers

Last Updated: Sunday, April 26, 2015, 13:42

As part of its strategy of 'naming and shaming' big defaulters, the Income Tax department on Sunday published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government.

UK unveils new measures to combat tax evasion

Last Updated: Friday, March 20, 2015, 10:47

Corporations linked to offshore tax evasion by investors in Britain will face criminal sanctions under government plans unveiled Thursday, a month after an international scandal over tax-dodging in Switzerland.

France denies restricting UK pursuit of HSBC tax evaders

Last Updated: Friday, February 13, 2015, 23:41

Britain`s Financial Secretary to the Treasury David Gauke said in parliament this week that France had provided leaked information on accounts at the British bank "under very strict conditions".

Black money: SIT to discuss new names; review old ones today

Last Updated: Monday, February 9, 2015, 11:59

The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an international private investigation.

Black money: SIT recommends jail term for tax evaders

Last Updated: Wednesday, January 21, 2015, 11:27

The SIT on black money has recommended that tax evaders should henceforth be prosecuted as against the practice of letting them off in lieu of penalty.

Revenue Dept cracks whip on service tax evaders

Last Updated: Monday, January 20, 2014, 20:52

"27 persons have been arrested all over the country for evading service tax. These arrests were made between August 2013 to January 14, 2014 period after the government got the power to crack the wip on service tax evaders.

VCES a rare opportunity, make fresh start, says Chidambaram

Last Updated: Wednesday, December 4, 2013, 14:57

Calling Service Tax Voluntary Compliance Encouragement Scheme (VCES) a rare opportunity to make a "fresh start", Finance Minister P Chidambaram on Wednesday asked those in trade and industry to seize the offer, even as he made it clear that tax evaders would eventually be "reached".

Chidambaram says no escape route for service tax evaders

Last Updated: Tuesday, November 26, 2013, 20:07

Finance Minister P Chidambaram on Tuesday said service tax evaders would not get any escape route and warned that stern action, including arrest and prosecution, would be taken against them.