Breaking News
Home / Archives / 2020 / Recent Tax Measures to Combat TAX EVASION

Recent Tax Measures to Combat TAX EVASION

handcuffs-money

Recent Tax Measures to Combat

TAX EVASION

Among many reasons of low tax-to-GDP ratio, tax evasion at corporate and non-corporate levels is the principal one. Tax-registered persons are much fewer than the persons who are liable for registration under tax laws. Even the registered persons try to evade taxes by under-reporting their taxable incomes. A large number of registered taxpayers file below-taxable income tax returns. Moreover, size of withholding tax regime is quite large but tax evasion in this regime, too, cannot be overruled.

In order to control tax evasion, a number of measures have been announced in the recent past and this article discusses those briefly.

Sorry you have no rights to view this Article/Post!
Please Login or Register to view the complete Article

To get full access EMAIL your username, Subscription Plan and email address at worldtimes07@gmail.com for details or Whatsapp on

0302 555 68 02

SUBSCRIPTION PLANS
Rs. 3500 for 1 year.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>