https://www.taxtmi.com/news?id=14487 Ongoing enforcement against tax evasion and illicit funds comprises investigations, searches and surveys, assessment of income, taxation, penalties and criminal prosecution; measures include the Undisclosed Foreign Income and Assets Bill with enhanced penalties and prosecutions, a Special Investigation Team for offshore assets, strengthened IT-enabled information collection, adoption of Automatic Exchange of Information standards, renegotiation and expansion of tax treaties, and regulatory controls on foreign remittances and trade-based value manipulation. en-us Wed, 13 May 2015 10:05:24 +0530 Wed, 13 May 2015 10:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14487 Ongoing enforcement against tax evasion and illicit funds comprises investigations, searches and surveys, assessment of income, taxation, penalties and criminal prosecution; measures include the Undisclosed Foreign Income and Assets Bill with enhanced penalties and prosecutions, a Special Investigation Team for offshore assets, strengthened IT-enabled information collection, adoption of Automatic Exchange of Information standards, renegotiation and expansion of tax treaties, and regulatory controls on foreign remittances and trade-based value manipulation. News - Wed, 13 May 2015 10:05:24 +0530 https://www.taxtmi.com/news?id=14487