Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher than the gross collection for the corresponding period of last year.
After the Income tax department recently raided a proptech startup based in Pune and Thane and found alleged tax evasion to the tune of Rs 224 crore, reports suggest it is Infra.Market, one of India's fastest growing unicorns.
Rich Americans know the government likely won't catch their antics, Treasury said. Beefing up IRS enforcement could bring in $1.6 trillion in unpaid taxes.
India’s income tax department will be using big data to help track down tax evaders. ‘Project Insight’ is a machine learning software that will be ab...
Companies usually establish shell firms, which only exist on paper and do not have an office or employees, for the purpose of money laundering and ta...