Indian tax drive to yield little cash for government
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 close this week, there looks to be few takers despite a high-profile warning that this is the last chance for tax dodgers to come clean.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Not beyond compare: Genting Singapore’s weak hand is getting harder to hide
Johor property old hand KSL readies family handover amid market boom
DBS CEO Tan Su Shan ranks sixth globally on Fortune’s most powerful women list in 2026