Greater focus on international transactions.
One of the publications, the French investigative portal Mediapart, said Ronaldo and his Portuguese compatriot Mourinho had benefited from a tax optimisation system developed by their agent Jorge Mendes, who owns Gestifute.
After the massive tax evasion of GST by cryptocurrency service provider WazirX, the Directorate General of GST Intelligence has come down heavily on cryptocurrency exchanges operating in the country, said sources. "Around half a dozen offices of cryptocurrency service providers have been searched and massive Goods and Service Tax (GST) evasion has been detected by DGGI," sources told ANI. Crypto wallet and exchange are platforms where merchants and consumers can transact with digital assets like bitcoin, ethereum, ripple, etc.
In its drive against tax evasion, the finance ministry is planning to add to the list of high-value transactions required to be reported to the revenue department in annual information returns (AIRs).
The Income Tax department is likely to include eight other related firms for its investigation into the possible tax evasion by Satyam.
Acknowledging that the investigation wing of the Income Tax Department was exempted from the purview of Right To Information Act, the CIC said such blanket ban would 'dis-enthuse' whistle-blowers which may not be in the 'best interest of state revenues'
Violation of provisions of Sebi Act, Securities Contracts regulation, Prohibition of Fraudulent Trade (PFTUP) norms were not observed in respect of these 114 entities.
Real estate major DLF has come under the scanner of central revenue officials for allegedly evading service tax to the tune of about Rs 30 crore.
Most of the individuals hail from Mumbai, Kolkata, Ahmedabad, Surat, and Delhi
The government said it has identified a few more cross-border merger and acquisition cases, including Barclays-Intelnet deal, for possible tax evasion after slapping Rs 11,000-crore (Rs 110 billion) tax notice on Vodafone for Hutchison Essar deal.
Jaitley said the cap on cash transactions is being reduced to curb generation of black money and the move to introduce electoral bonds is for cleansing the political funding
CBDT is the apex policy making body of the IT department.
Renegotiated tax treaty to relax banking secrecy laws.
Barcelona forward Lionel Messi and his father Jorge testified separately in court on Friday to answer charges of tax evasion on income earned from the sale of the player's image rights.
Asked to share details of income from all its 16 zones, especially through tatkal, ticket cancellation and bed roll charges
Four-time world player of the year Lionel Messi would soon face trial for alleged tax evasion; a Spanish judge has ruled and might face a six year jail term if convicted.
The suggestion is made by BSE in a letter to the Finance Minister.
May adopt dtrict action including prosecution and property attachment.
The norms will affect companies in pharma, energy, manufacturing, software sectors.
The Central Vigilance Commission has detected tax evasion of about Rs 1,000 crore by government departments and private companies in carrying out Commonwealth Games-related works.
A Brazilian judge threw out a tax evasion case against Barcelona forward Neymar on Thursday because Brazil's inland revenue has yet to finish its own deliberations in the case.
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
A questionnaire sent to Price Waterhouse was not answered.
Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy.
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The IT personnel had also seized currency and cash and jewellery worth Rs 6 crore (Rs 60 million) from Delhi-based Suncity Projects during searches, initiated on September 25, that lasted 30 hours, official sources said. According to the Income Tax department, the company had allegedly shown investments in other companies, which were later found to be of the same group.
The Supreme Court on Thursday expressed displeasure over the tardy pace of probe by the Income Tax department into the tax evasion cases linked to 2G spectrum case, saying it wanted "results".
An Indian doctor and his wife have pleaded guilty to charges of federal tax evasion and to illegally distributing weight loss medicines to patients, agreeing to pay nearly USD 5.2 million in restitution.
'Daswand' -- or the receiving of donations of one-tenth of a devotee's earning -- has landed self-styled spiritual guru 'Nirmal Baba' in trouble with a notice having been slapped on him for alleged Service Tax evasion of Rs 3.5 crore.
Soccer's five-times World Player of the Year Lionel Messi should be acquitted on tax evasion charges against him, Spain's public prosecutors' office said on Friday as the trial drew to a close. Neither Messi nor his father Jorge Horacio Messi attended the hearing in a Barcelona court where closing arguments were given. Both are accused by the Spanish tax office of defrauding the government of 4.2 million euros ($4.8 million) between 2007 and 2009 but have denied any wrongdoing. Speaking on whether or not Lionel Messi was aware of the alleged fraud, state prosecutor Raquel Amado said: "There is no evidence that anyone explained it to him ... the prosecutor sustains that Lionel Andres Messi should be acquitted."
A German court convicted Uli Hoeness of tax evasion on Thursday and sentenced the soccer manager who turned Bayern Munich into one of the world's most successful clubs to three-and-a-half years in jail.
Bayern Munich president Uli Hoeness was charged with tax evasion on Tuesday after months of investigations into the high-profile affair were concluded, a Munich court said.
Well-known inmates of the notorious Metropolitan Detention Center, Brooklyn, New York.
Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.
The 33-year-old is accused of evading 5.7 million euros in taxes. He has denied the allegations.
Indian ace tennis star Sania Mirza has been summoned by the service tax department in connection with alleged non-payment or evasion of dues.
The government has slapped a notice of Rs 5 crore demand on trusts run by Ramdev in connection with alleged service tax evasion while organising their yoga camps.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
Most of these alleged tax evaders hail from Kolkata, Mumbai, Ahmedabad, Surat, and Delhi.
The Income Tax Department on Wednesday raided the homes and offices of Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap as well as his partners who launched the now shuttered production house Phantom Films, officials said.
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