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Indian tax drive to yield little cash for government

Many entrepreneurs aren't so keen on a scheme that offers little relief: they would have to pay 45 per cent in back tax and penalties, and even then would not be sure of keeping the taxman off their back.

New Delhi

THE Indian government has sent out about 700,000 notices to suspected tax evaders to coax them to declare hidden income and assets, promising they won't be pursued by the authorities if they pay a penalty now to clear their name.

But, as the four-month campaign draws to a...

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