The Government had commissioned a study, inter alia, on estimation of unaccounted income and wealth inside and outside the country, which was conducted by National Institute of Public Finance and Policy (NIPFP), National Council of Applied Economic Research (NCAER) and National Institute of Financial Management (NIFM) https://www.taxtmi.com/news?id=14428 The Government has adopted a multi-pronged regulatory and enforcement framework to address undisclosed domestic and foreign income, including the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 with enhanced penalties and criminal sanctions, constitution of a Special Investigation Team, targeted enforcement in high-impact cases, strengthening information collection and IT capacity, pursuing Automatic Exchange of Information, renegotiating and expanding DTAAs/TIEAs, and using treaty and non-governmental information sources to combat tax evasion. en-us Tue, 05 May 2015 17:33:38 +0530 Tue, 05 May 2015 17:33:38 +0530 TaxTMI RSS Generator The Government had commissioned a study, inter alia, on estimation of unaccounted income and wealth inside and outside the country, which was conducted by National Institute of Public Finance and Policy (NIPFP), National Council of Applied Economic Research (NCAER) and National Institute of Financial Management (NIFM) https://www.taxtmi.com/news?id=14428 The Government has adopted a multi-pronged regulatory and enforcement framework to address undisclosed domestic and foreign income, including the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 with enhanced penalties and criminal sanctions, constitution of a Special Investigation Team, targeted enforcement in high-impact cases, strengthening information collection and IT capacity, pursuing Automatic Exchange of Information, renegotiating and expanding DTAAs/TIEAs, and using treaty and non-governmental information sources to combat tax evasion. News - Tue, 05 May 2015 17:33:38 +0530 https://www.taxtmi.com/news?id=14428