Tag Archives: Tax Evader

How black money is converted into white money

This article is in continuation to my previous articles on Black money. Can this government bring back the so-called ‘black money’ stashed abroad?  Can this government tighten the noose on black money offenders within the country?  Not sure. But the only silver lining in the latest development is that the …

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IT dept plans to map all taxpayer details via PAN, Aadhaar

Soon, the taxman will be able to access all the financial information of taxpayers in a single window. The income-tax (I-T) department is embarking on a project called Income Tax Business Application to collate all information on a taxpayer from various sources based on the permanent account number (PAN). Of …

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