RBI Flags Potential Cryptocurrency Ban Amid Tax Department Warnings
The Reserve Bank of India (RBI) has indicated a potential ban on cryptocurrencies, signaling growing regulatory scrutiny over digital assets
Read more
tax evasion
GST intelligence unit detects evasion of Rs. 1.98 lakh crore in 2023
The GST intelligence unit detected tax evasion of more than Rs 1.98 lakh crore last year and arrested 140 masterminds
Read more
From October till October 24, GST authorities found Rs. 1.51 trillion in tax evasion.
The Finance Ministry shared data with Parliament that indicated the Goods and Services Tax (GST) authorities had discovered approximately Rs
Read more
Special I-T dept unit to prove undisclosed foreign assets
A special unit has been created by the government in the countrywide investigation wings of the Income Tax department for
Read more
Trade Based Money Laundering
Money laundering is the process of clouding source of money by using financial systems or services. Profits of crime and
Read more
INCOME TAX MANAGEMENT FOR SALARIED CLASS – With special reference to Bank Employees
First of all, lets distinguish between Tax Management and Tax Evasion. Tax Management is a much desired and legally tenable
Read more