Tax Evader
- All
- News
- Videos
-
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
-
Is Digi Yatra Data Being Used To Identify Tax Evaders? Centre Clarifies
The Centre today refuted a report that said passengers' data from the Digi Yatra application was being used to crack down on tax evaders.
-
Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
-
Volkswagen India Unit Faces $1.4 Billion Tax Evasion Notice
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows, in what is one of the biggest such demands.
-
Tax Storm For Volkswagen India, $1.4 Billion Evasion Notice Issued: Details
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser
-
Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities
The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.
-
UK Will Be Seen As Haven For Tax Evaders: S Jaishankar On Extradition Cases
External Affairs Minister S Jaishankar said that India has strongly presented its case relating to the extradition of fugitive economic offenders that have fled the country.
-
Chhattisgarh Man Arrested For GST Fraud Worth Rs 71 Crore
A man was arrested in Raipur in Chhattisgarh on Saturday for allegedly evading GST through bogus input tax credits worth Rs 71.38 crore, an official said.
-
IRS Expects to See Spike in Crypto Tax Evasion Cases in the US: Report
Arming up to tackle this expected rise in crypto tax evasion cases, the IRS in the US is already forging partnerships with several law enforcement divisions to improve the criminal identification process.
-
Crypto Reporting Framework Discussed During G20, Decision Taken on Swift Implementation
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027. The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are ...
-
Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
India Clocked 0.07 Percent Crypto Tax Payers; Over 99 Percent Global Investors Evaded Dues: Divly Report
It is estimated that only 0.07 percent of Indian crypto owners actually declared and paid their taxes in the year of 2022. The finding has been published by Divly, a Sweden-based tech research firm. With 4.09 percent, Finland clocked the maximum crypto tax payment rate, while India secured the 22nd rank on the index.
-
Revenue Agency Accuses Samsung Of Evading $212 Million In Import Taxes: Report
The Directorate of Revenue Intelligence (DRI) said Samsung India Electronics Ltd misclassified networking devices called remote radio heads to avail undue exemption of basic customs duty, the Economic Times reported.
-
Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
-
Tax Department Seeks To Prosecute Anil Ambani For Alleged Tax Evasion
The income tax department has sought to prosecute Reliance Group Chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.
-
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
-
Is Digi Yatra Data Being Used To Identify Tax Evaders? Centre Clarifies
The Centre today refuted a report that said passengers' data from the Digi Yatra application was being used to crack down on tax evaders.
-
Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
-
Volkswagen India Unit Faces $1.4 Billion Tax Evasion Notice
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows, in what is one of the biggest such demands.
-
Tax Storm For Volkswagen India, $1.4 Billion Evasion Notice Issued: Details
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser
-
Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities
The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.
-
UK Will Be Seen As Haven For Tax Evaders: S Jaishankar On Extradition Cases
External Affairs Minister S Jaishankar said that India has strongly presented its case relating to the extradition of fugitive economic offenders that have fled the country.
-
Chhattisgarh Man Arrested For GST Fraud Worth Rs 71 Crore
A man was arrested in Raipur in Chhattisgarh on Saturday for allegedly evading GST through bogus input tax credits worth Rs 71.38 crore, an official said.
-
IRS Expects to See Spike in Crypto Tax Evasion Cases in the US: Report
Arming up to tackle this expected rise in crypto tax evasion cases, the IRS in the US is already forging partnerships with several law enforcement divisions to improve the criminal identification process.
-
Crypto Reporting Framework Discussed During G20, Decision Taken on Swift Implementation
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027. The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are ...
-
Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
India Clocked 0.07 Percent Crypto Tax Payers; Over 99 Percent Global Investors Evaded Dues: Divly Report
It is estimated that only 0.07 percent of Indian crypto owners actually declared and paid their taxes in the year of 2022. The finding has been published by Divly, a Sweden-based tech research firm. With 4.09 percent, Finland clocked the maximum crypto tax payment rate, while India secured the 22nd rank on the index.
-
Revenue Agency Accuses Samsung Of Evading $212 Million In Import Taxes: Report
The Directorate of Revenue Intelligence (DRI) said Samsung India Electronics Ltd misclassified networking devices called remote radio heads to avail undue exemption of basic customs duty, the Economic Times reported.
-
Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
-
Tax Department Seeks To Prosecute Anil Ambani For Alleged Tax Evasion
The income tax department has sought to prosecute Reliance Group Chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.
