Legal News
FinMin panel for stringent action to check tax evasion A finance ministry committee, set up to look into strengthening of laws to curb black money generation, has recommended making minimum imprisonment provisions under various taxation Acts more stringent to deter investors from not paying taxes.
However, legal experts said such a move would harass investors and lead to more litigation.
The committee, headed by former central Board of Direct Taxes (CBDT)
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