tax evaders

Plumber Melvyn Careswell jailed for tax evasion


July 27th, 2012 - 11:07 pm ICT by Aishwarya Bhatt
Epsom, July 27 (THAINDIAN NEWS) Melvyn Careswell has been sentenced to one year in jail for tax evasion. Careswell is said to have evaded paying income tax worth 50,000 dollars. HM Revenue ... Read more...

Posted in World News |

Comments invited on new tax rules, PM to take final call (Second lead)


June 29th, 2012 - 6:07 pm ICT by IANS
New Delhi, June 29 (IANS) The government Friday issued draft guidelines on the General Anti Avoidance Rules (GAAR), inviting comments from different stakeholders and clarified that Prime Minister Manmohan ... Read more...

Posted in Business |

Govt invites comments on GAAR, PM to take final call (Lead)


June 29th, 2012 - 3:53 pm ICT by IANS
New Delhi, June 29 (IANS) The government Friday issued draft guidelines on the general anti-avoidance rules (GAAR), inviting comments from different stakeholders and clarified that Prime Minister Manmohan Singh ... Read more...

Posted in Business |

Switzerland says it is ‘not tax haven’


February 16th, 2012 - 7:11 pm ICT by IANS
New Delhi, Feb 16 (IANS) Switzerland Thursday dismissed as "uncorroborated" the estimates about the amount of wealth hidden by Indians in foreign banks, days after the Central Bureau of Investigation ... Read more...

Posted in Uncategorized |

Italian police clamp down on tax evaders


January 30th, 2012 - 8:32 am ICT by IANS
Milan (Italy), Jan 30 (IANS) Italian police, in a bid to clamp down upon widespread tax evasion, Sunday carried out massive checks on bars, restaurants and shops in Milan, the ... Read more...

Posted in Uncategorized |

Tax sleuths to verify high-value transactions


January 18th, 2012 - 9:11 pm ICT by IANS
New Delhi, Jan 18 (IANS) The Indian government will run a special drive from Jan 20 to March 20 to verify high-value transactions including investments, deposits and expenditure in a ... Read more...

Posted in Business |

Chhattisgarh’s commercial taxes collection up 22 percent


January 17th, 2012 - 1:24 pm ICT by IANS
Raipur, Jan 17 (IANS) Chhattisgarh's commercial taxes revenue collection has risen by 22 percent till December 2011 compared to the corresponding period of the last fiscal, an official statement said ... Read more...

Posted in Uncategorized |

Over 100 Chhattisgarh sponge iron units face closure


January 15th, 2012 - 2:49 pm ICT by IANS
Raipur, Jan 15 (IANS) As many as 105 sponge iron units face a serious threat of being shut down amid deepening raw material crisis in Chhattisgarh that has roughly 20 ... Read more...

Posted in Uncategorized |

Government to bring white paper on black money: Pranab (Lead)


December 14th, 2011 - 8:39 pm ICT by IANS
New Delhi, Dec 14 (IANS) Stating the government would bring out a white paper on the issue of black money, Finance Minister Pranab Mukherjee Wednesday dismissed reports that an ... Read more...

Posted in Uncategorized |

Congress to NDA: Declare you have no illegal assets in India


December 14th, 2011 - 5:26 pm ICT by IANS
New Delhi, Dec 14 (IANS) The Congress Wednesday asked members of the opposition National Democratic Alliance (NDA) combine to declare that they have no illegal assets in India ... Read more...

Posted in Politics |

Government keeping 782 tax evaders’ names secret: Advani


December 14th, 2011 - 3:24 pm ICT by IANS
New Delhi, Dec 14 (IANS) Bharatiya Janata Party (BJP) leader L.K. Advani Wednesday asked the government to make public the names of over 780 Indians who have ... Read more...

Posted in Uncategorized |

Pakistan vows to net 700,000 tax evaders


December 14th, 2011 - 12:34 pm ICT by IANS
Islamabad, Dec 14 (IANS) Pakistan will focus on 700,000 tax evaders who possess properties and frequently travel abroad but pay no tax, Finance Minister Abdul Hafeez Shaikh has said."We will ... Read more...

Posted in South Asia |

Pranab seeks France’s help in tracing black money


October 14th, 2011 - 9:16 pm ICT by IANS
Paris, Oct 14 (IANS) Finance Minister Pranab Mukherjee Friday urged France to press on tax havens to share past banking information that would help trace and curb black money."I ... Read more...

Posted in World |

Malayalam superstar Dileep attends tax department bash


July 25th, 2011 - 3:30 pm ICT by IANS
Kochi, July 25 (IANS) Even as two of his fellow superstars Mammootty and Mohanlal are under the scrutiny of Income Tax (I-T) sleuths, Malayalam superstar Dileep attended the tax department's ... Read more...

Posted in Entertainment |

Customs officers to get more teeth


July 21st, 2011 - 5:35 pm ICT by IANS
New Delhi, July 21 (IANS) India plans to amend its customs regulations to remove loopholes and give more powers to officers to track tax evaders.The cabinet Thursday gave its nod ... Read more...

Posted in Uncategorized |

Tax evaders need to brought to justice: President


July 15th, 2011 - 6:55 pm ICT by IANS
New Delhi, July 15 (IANS) Emphasising on the need for mutual cooperation between countries to track down tax evaders, President Pratibha Patil Friday said her government would take strict ... Read more...

Posted in Business |

Government may engage outside agencies to trace tax evaders


June 8th, 2011 - 5:17 pm ICT by IANS
New Delhi, June 8 (IANS) In a bid to tighten the noose on tax evaders, the government is likely to engage outside agencies to locate the whereabouts of untraceable assessees ... Read more...

Posted in Business |

Criminals, millionaires, dropouts - Bengal assembly has them all


May 27th, 2011 - 12:10 am ICT by IANS
Kolkata, May 26 (IANS) From facing serious criminal charges to possessing millions of rupees worth of assets, school dropouts to tax evaders -- the newly constituted West Bengal assembly has ... Read more...

Posted in Politics |

Supreme Court pulls up IT department for inaction in 2G scam


May 16th, 2011 - 8:10 pm ICT by IANS
New Delhi, May 16 (IANS) The Supreme Court Monday pulled up the Income Tax department for not initiating tax proceedings against those involved in 2G spectrum scam and moving in ... Read more...

Posted in Business |

Pakistan a haven for those who don’t pay taxes: Daily


April 21st, 2011 - 1:12 pm ICT by IANS
Islamabad, April 21 (IANS) Pakistan has become a haven for those not paying their taxes, said a leading daily that noted "nobody will ask any questions, let alone arrest and ... Read more...

Posted in Uncategorized |

Maharshtra enhances jail term for hawala dealers


March 24th, 2011 - 1:22 am ICT by IANS
Mumbai, March 23 (IANS) Hawala dealers and tax evaders in Maharashtra will now be jailed for a minimum of two years instead of one, Deputy Chief Minister and Finance Minister ... Read more...

Posted in Politics |

India to open income tax offices in 8 countries


March 11th, 2011 - 8:09 pm ICT by IANS
New Delhi, March 11 (IANS) India plans to open income tax offices in eight countries including United States, Britain, Germany and the UAE to trace tax evaders, parliament was told ... Read more...

Posted in Business |

SC slams Government for failing to act against tax evaders


March 3rd, 2011 - 6:38 pm ICT by ANI
New Delhi, Mar.3 (ANI): The Supreme Court slammed the Central Government today for failing to act against tax evaders and ordered the reinstatement of three key Enforcement Directorate officials who had been ... Read more...

Posted in National |

India, Germany to revise tax treaty


February 21st, 2011 - 9:34 pm ICT by IANS
New Delhi, Feb 21 (IANS) India and Germany have agreed to revise their existing double taxation avoidance agreement, in a bid to tighten the noose on tax evaders and track down ... Read more...

Posted in Business |

India, Bahamas ink deal to share tax information


February 12th, 2011 - 7:07 pm ICT by IANS
New Delhi, Feb 12 (IANS) India has signed a tax information exchange accord with the Bahamas, the fourth in a series of agreements intended to tighten the noose on tax evaders and ... Read more...

Posted in Business |

25.4 bn euros recovered from tax evaders in Italy


February 11th, 2011 - 12:21 pm ICT by IANS
Rome, Feb 11 (IANS/AKI) Italy recovered 25.4 billion euros of dodged taxes in 2010, say the country's tax and insurance agencies. Italy's main tax agency recouped 10.4 billion euros, while 6.4 billion ... Read more...

Posted in Business |

India, British Virgin Islands to share tax information


February 10th, 2011 - 4:31 pm ICT by IANS
New Delhi, Feb 10 (IANS) In a bid to tighten the noose on tax evaders and track black money stashed in tax havens, India has signed an agreement with the British Virgin ... Read more...

Posted in Business |

Magazine claims to have list of Indian tax evaders


February 4th, 2011 - 9:36 pm ICT by IANS
New Delhi, Feb 4 (IANS) Nearly two years after Germany passed on the names and bank account details of 18 Indians who have stashed their wealth in a Liechtenstein bank to ... Read more...

Posted in Business |

Swiss Banker Exposes Huge Tax Evasion To WikiLeaks


January 18th, 2011 - 7:16 pm ICT by GD
By Ranjan Bhaduri Jan 18, (THAINDIAN NEWS) The famous Whistle blower website WikiLeaks is hogging limelight once again and now it is the turn of Swiss Bank to turn red faced. Julian Assange ... Read more...

Posted in Business |

Steps need to be taken to moderate inflation: Pranab


January 8th, 2011 - 10:14 pm ICT by IANS
Mumbai, Jan 8 (IANS) India needs to return to the path of fiscal consolidation and take all necessary steps to moderate inflation, Union Finance Minister Pranab Mukherjee said here Saturday."Fiscal expansion ... Read more...

Posted in Business |

Bring back money stashed in Swiss banks, demands BJP


December 25th, 2010 - 6:26 pm ICT by IANS
Chandigarh, Dec 25 (IANS) The Bharatiya Janata Party Saturday condemned the United Progressive Alliance (UPA) government for delaying to bring back the illegal money hoarded in Swiss banks. The BJP said ... Read more...

Posted in Politics |

166 booked in Pakistan for Rs.30bn tax evasion


December 24th, 2010 - 2:40 pm ICT by IANS
Islamabad, Dec 24 (IANS) Cases have been filed over the past year against 166 tax defaulters who collectively owe a staggering Rs.30 billion to the Pakistani exchequer, a minister said.Finance Minister Abdul ... Read more...

Posted in South Asia |

61 per cent Pak lawmakers, including PM, don’t pay any income tax!


December 22nd, 2010 - 4:44 pm ICT by ANI
Islamabad, Dec 22 (ANI): A whopping 61 per cent of lawmakers in the Senate, National Assembly and Provincial Assemblies do not pay any income tax, and of the remaining 39 percent, only ... Read more...

Posted in South Asia |

Reformed GST must for Pak economy’s survival, growth: UK


November 18th, 2010 - 6:08 pm ICT by ANI
Islamabad, Nov 18 (ANI): The United Kingdom has declared that the imposition of the Reformed General Sales Tax (RGST) in Pakistan is indispensable for the survival and growth of the country's economy.Talking ... Read more...

Posted in South Asia |

India yet to send request for secret bank data: Swiss Ambassador


October 27th, 2010 - 6:56 pm ICT by IANS
Chennai, Oct 27 (IANS) The Switzerland government has not received any request from the Indian government for sharing the names of tax evaders who have stashed away their illicit money in Swiss ... Read more...

Posted in Business |

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