UBS Group AG has settled a $300 million deal with the DOJ over Credit Suisse's tax evasion scandal, covering all remaining obligations from a 2017 agreement. This follows Credit Su...
Jane Street, a global trading firm, is under scrutiny in India for not cooperating with an Income Tax probe and manipulating markets, leading to legal actions and investigations.
Nominee for Minister of Economy and Finance, Gu Yoon-cheol, addresses a 40% drop in corporate tax revenue over two years, suggesting potential rate increases and strategic investme...
The CBDT has recovered Rs 20,000 crore in the first quarter, doubling last year's figures. Efforts are intensifying to meet the Rs 1.96 lakh crore target this fiscal year, focusing...
South Korean authorities are investigating leading private equity firms for tax evasion and financial irregularities, focusing on high-value transactions and the need for greater t...
UBS Group AG is reportedly close to settling Credit Suisse's longstanding tax dispute with the U.S. Department of Justice, involving allegations of aiding American clients in tax e...
The GST Council has approved a 'track and trace mechanism' to combat tax evasion, focusing on cigarettes and pan masala. This system aims to reduce illicit trade and provide a lega...
The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...
The Income Tax Department has collected Rs 37,000 crore from individuals not filing returns despite taxable income, using an expanded tax collection and TDS system.
