Tax Evaders
ED conducts raids against Harak Singh Rawat in money laundering case
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.
 "ED conducts raids against Harak Singh Rawat in money laundering case")
DGGI flagged 46% surge in evasion cases worth Rs 1.98 trillion in 2023
140 masterminds behind GST evasion cases and 116 behind ITC frauds were arrested in 2023
 "DGGI flagged 46% surge in evasion cases worth Rs 1.98 trillion in 2023")
Tax havens: What are they, and which are the top tax havens in the world?
In 2016, a report by Citizen for Tax Justice stated that over 370 companies out of Fortune 500 operate subsidiaries in tax haven nations
I-T Dept sends 8,000 notices to taxpayers who claimed exemption for charity
The people who have been served notices include salaried employees, self-employed individuals, and companies
Want to go after Russian sanctions' evaders: EU chief prosecutor Kovesi
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
G-20 meet: FM Sitharaman for info sharing on crypto, immovable assets
Tax evaders explore other avenues to shift their unaccounted wealth through investment in non-financial assets, Sitharaman pointed out
 "G-20 meet: FM Sitharaman for info sharing on crypto, immovable assets")
I-T searches on China's Huawei over tax evasion, firm says co-operating
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.
 "I-T searches on China's Huawei over tax evasion, firm says co-operating")
Perfume industrialist Piyush Jain arrested over tax evasion charges
Kanpur-based businessman Piyush Jain, whose premises were raided by central agencies, has been arrested on charges of tax evasion, a senior official said
I-T dept to crack the whip on tax evaders, resume probe in pending cases
The move will help the department shore up revenue, clear backlogs, and resume probe in pending matters.
 "I-T dept to crack the whip on tax evaders, resume probe in pending cases")
UP collects Rs 80,000 crore in taxes during first 8 months of FY19
Yogi government to target tax evaders through stiffer enforcement of tax rules
 "UP collects Rs 80,000 crore in taxes during first 8 months of FY19")
Central task force plans crackdown on tax evaders
To discuss Panama & Paradise papers, and future strategy at Friday meet
 "Central task force plans crackdown on tax evaders")
L&T Infotech bags contract for Project Insight
To help I-T dept nab tax evaders
 "L&T Infotech bags contract for Project Insight")
Tax evaders need to be legitimate by Sept 30: Jaitley
Govt has said that there will be no inquiry into the source of the undisclosed income & assets if declaration is made voluntarily
 "Tax evaders need to be legitimate by Sept 30: Jaitley")
