Tax Evaders

The Enforcement Directorate on Wednesday conducted searches against Congress leader and former minister Harak Singh Rawat as part of a money laundering investigation, official sources said. The searches were carried out at multiple premises in Uttarakhand, Delhi and Chandigarh, they said. Rawat had quit the BJP ahead of the 2022 Uttarakhand assembly polls and joined the Congress. The ED investigation is understood to be linked to alleged illegal activities in the state's Corbett Tiger Reserve.

140 masterminds behind GST evasion cases and 116 behind ITC frauds were arrested in 2023

In 2016, a report by Citizen for Tax Justice stated that over 370 companies out of Fortune 500 operate subsidiaries in tax haven nations

The people who have been served notices include salaried employees, self-employed individuals, and companies

The bloc has so far frozen about €18.9 billion of assets belonging to sanctioned Russian individuals and entities since Vladimir Putin's February invasion of Ukraine

Tax evaders explore other avenues to shift their unaccounted wealth through investment in non-financial assets, Sitharaman pointed out

The Income Tax department on Wednesday carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in connection with alleged tax evasion.

Kanpur-based businessman Piyush Jain, whose premises were raided by central agencies, has been arrested on charges of tax evasion, a senior official said

The move will help the department shore up revenue, clear backlogs, and resume probe in pending matters.

Yogi government to target tax evaders through stiffer enforcement of tax rules

To discuss Panama & Paradise papers, and future strategy at Friday meet

To help I-T dept nab tax evaders

Govt has said that there will be no inquiry into the source of the undisclosed income & assets if declaration is made voluntarily