Tax evasion
- World
Tax evasion among self-employed foreigners on rise in Lithuania: Authorities
Vilnius: The number of self-employed foreigners avoiding taxes has been on the rise in Lithuania in recent years, according to the State Tax Inspectorate (VMI). The majority of those failing to meet…
- Hyderabad
IT raids on Hyderabad firms for tax evasion
Hyderabad: The income tax department on Thursday, October 17, conducted raids on various firms across Hyderabad for alleged tax evasion. The raids are being conducted on Anvita Builders and other firms since…
- News
Infosys stock falls as company disputes Rs 32,000 crore GST notice
Mumbai: Infosys shares fell on Thursday after it received a GST notice citing an alleged Rs 32,000 crore tax evasion, a claim that the IT major has disputed. Infosys shares that opened…
- India
Indian American businessman sentenced for bribery & tax evasion
Washington: An Indian American businessman has been á¨sentenced to 18 months’ probation and 200 hours of community service for bribery and tax evasion, the Department of Justice said. Arman Amirshahi, 46, was…
- Hyderabad
Hyderabad industrialist held for evading taxes, false reporting
Hyderabad: The commercial tax department arrested an industrialist in Telangana for evading the tax to the tune of Rs 18.55 crore, and reporting false numbers. Rajkumar Rekhya Roopsing Nayak, Managing director of…
- World
Trump attends opening day of his $250mn civil fraud suit on tax evasion
New York: Former US President Donald Trump arrived here in Manhattan to attend the opening of his $250 million civil fraud trial that begins with New York Attorney General Letitia James setting…
- India
Dream11, other online gaming firms slapped with Rs 55K cr tax notices
New Delhi: The Directorate General of GST Intelligence (DGGI) has reportedly issued around 12 pre-show cause notices to online real money gaming (RMG) firms, accusing them of evading approximately Rs 55,000 crore…
- Bangalore
Karnataka govt warns of strict action against tax evasion
Bengaluru: Karnataka Chief Minister Siddaramaiah on Thursday instructed the Commercial Tax Officers to take strict action against cases of tax evasion, tax leakage and tax pilferage in the state. He was speaking…
- Business
GST detects Rs 27 crore tax evasion; only Rs 922 crore recovered
New Delhi: In six years since the introduction of the Goods and Services Tax (GST), the government has detected 5,070 fraud cases of GST registration misusing PAN and Aadhaar details of people…
- India
I-T dept detects unaccounted transactions exceeding Rs 100 cr across country
Delhi: The Income Tax Department on Tuesday said that it has unearthed unaccounted transactions exceeding Rs 100 crore during searches on a few groups engaged in jewellery and real estate business across…
- Hyderabad
Tax evasion: IT officials conduct searches at Vasavi real estate offices
Hyderabad: Income Tax officials on Wednesday conducted searches at Vasavi Real Estate Group of companies . Searches were conducted at 20 places simultaneously in AP and Telangana states. The searches have been…
- Middle East
Israel limits cash payments to fight tax evasion
Jerusalem: An Israeli law that went into effect on Monday limits cash payments in one business transaction to 6,000 new shekels ($1,785), as the country works to combat organised crime, money laundering…
- World
Chinese tech giant Huawei raided over tax evasion
New Delhi: 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. A source told…
