tax evasion

Hyderabad, April 10 The DGGI, Hyderabad zonal unit, announced on Friday that it had arrested two individuals for allegedly running organized tax evasion rackets.One of the arrested individuals was identified as a key member and mastermind of an organized network involved in the creation of 48...

New Delhi, April 7 – Large-scale tax evasion in Pakistan's tobacco sector, resulting in estimated annual losses of over Rs 300 billion, has emerged as a major concern amid the country's worsening fiscal stress, according to a local media report.The report by The Express Tribune highlighted...

Chennai, April 6 – The Madras High Court on Monday quashed the criminal prosecution initiated by the Income Tax Department against filmmaker Gautham Vasudev Menon, in connection with the alleged failure of a Chennai-based production company to file income tax returns.Justice G.K. Ilanthiraiyan...

Meerut/Bahraich (UP), April 6 – Three individuals have been arrested in Meerut and Bahraich districts, uncovering two separate multi-crore GST fraud rackets worth over Rs 27 crore, officials said on Monday.The accused in Meerut, identified as Wasim Akram alias Monu (38), had amassed input tax...

Meerut (UP), April 6 Police in the Meerut district have arrested a member of a gang, uncovering a multi-crore GST fraud racket, officials have said.The accused had accumulated input tax credit (ITC) by generating fake invoices through fictitious companies, causing a revenue loss of...

Chandigarh, March 30 – Punjab Excise and Taxation Minister Harpal Singh Cheema announced on Monday that a massive tax evasion racket, involving turnover of around Rs 200 crore, has been uncovered in the hospitality sector.With 882 establishments already under scrutiny and Rs 2.02 crore...

Chandigarh, March 30 Punjab Finance Minister Harpal Singh Cheema said on Monday that the state government has detected tax evasion worth about Rs 200 crore in the state's hospitality sector, and the total amount is likely to rise to nearly Rs 500 crore as the investigation expands.Addressing a...

New Delhi, March 30 The Seamless Tube Manufacturers Association of India (STMA) on Monday raised concerns over a sharp increase in imports of seamless pipes from China over the past three to four years, and urged the government to enforce stricter anti-dumping measures to protect the domestic...

New Delhi, March 27 The government has proposed a new property tax framework in the New Delhi Municipal Council (NDMC) areas, ease criminal provisions for minor offenses, and tighten enforcement for tax violations.This is part of the Jan Vishwas (Amendment of Provisions) Bill, 2026, which was...

Chennai, March 27 – A special CBI court in Chennai on Friday convicted and sentenced seven individuals, including a former senior tax assistant of the Income Tax Department, to four years of rigorous imprisonment along with a total fine of Rs 2.4 lakh in a tax refund fraud case, officials said...

Chandigarh, March 27 The Punjab government seized illegal tobacco products worth approximately Rs 1.5 crore during a statewide drive against tax evasion, Finance Minister Harpal Singh Cheema said on Friday.He said the tax department conducted simultaneous raids at eight locations – five...

Amaravati, March 26 The Directorate General of Goods and Services Tax Intelligence (DGGI) has arrested two individuals linked to a large-scale fake Input Tax Credit (ITC) racket as part of an intensified crackdown on organized GST evasion.The arrests were made by DGGI's Visakhapatnam Zonal...

In New Delhi, on March 20, Nirmala Sitharaman emphasized that taxpayers are not adversaries and urged income tax officers to simplify compliance for honest taxpayers while leveraging technology to combat willful tax evasion.Addressing the "PRARAMBH 2026: Nationwide Awareness Campaign on the...

New Delhi, March 20 Finance Minister Nirmala Sitharaman on Friday urged income tax officers to make the process easier for taxpayers and use technology to catch those deliberately evading taxes.Addressing the 'PRARAMBH 2026: Nationwide Awareness Campaign on the Income Tax Act, 2025', the...

Bhopal, March 19 – The Enforcement Directorate's (ED) Bhopal Zonal Office conducted searches and seized assets at three premises linked to M/s Rajul Group and its partner, Priyank Mehta, in Jabalpur, Madhya Pradesh, on Thursday.The action, conducted under the provisions of the Foreign Exchange...

New Delhi, March 19 In a unique operation, officials from the Uttarakhand GST investigation department established multiple firms to create business links with a dubious company in order to uncover tax evasion worth over ₹150 crore.The GST officials said that it took months to operationalize...

Vice President C.P. Radhakrishnan described revenue service officers as the guardians of the nation's financial strength, emphasizing that development activities across the country are only possible due to the revenue generated through taxes. He made this statement to the trainee officers of the...

Jaipur, March 10 – Chief Minister Bhajanlal Sharma stated on Tuesday that a robust revenue system plays a crucial role in accelerating the state’s development and ensuring that the benefits of public welfare schemes reach the last person in society.He claimed that with this objective, the...

New Delhi, March 9 The Income Tax Department has detected under-reporting of sales worth Rs 408 crore after it conducted a nationwide survey of restaurants on charges of tax evasion, the CBDT said on Monday.After visiting the premises of restaurants on Sunday, the taxman is now sending emails...

New Delhi, March 9 The Income-Tax Department has detected under-reporting of sales worth Rs 408 crore after it conducted a nationwide survey of restaurants on charges of tax evasion, the CBDT said on Monday.Following the action of visiting their business premises on Sunday, the taxman is now...