Tag Archives: tax evasion

PAN 2.0 Feature: The Government of India has introduced an upgraded version of the Permanent Account Number (PAN), called PAN 2.0. This initiative was announced by Union Minister Ashwini Vaishnaw and approved by the Cabinet Committee on Economic Affairs. The aim of PAN 2.0 is to transform PAN into a …

Tax officials have achieved major success. Officials have detected about 18,000 fake companies registered under the Goods and Services Tax (GST). Officials say that these companies are involved in tax evasion of about Rs 25,000 crore. In the recently concluded second nationwide campaign against fake companies, tax officials had identified …