Budget 2027 Aims for Faster Ports, Simpler Customs Tariffs
India's Budget FY27 targets major customs & port reforms to cut ship turnaround time, streamline tariffs, and boost export diversification. Key details inside.
Category : Search result: customs evasion
Brockman estate pays $750M in tax fraud settlement
The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.
CII Urges Fiscal Reforms, Tech in Tax in Budget 2026-27
CII urges institutional reforms & fiscal consolidation in Budget 2026-27 for growth. Key asks: tech to curb tax evasion, debt control, PSU privatisation, and revamping food distribution. Read more.
DRI busts Rs 4 crore smuggling racket at Mumbai airport
DRI arrests six, seizes 186 iPhones & Pakistani cosmetics worth Rs 4 crore at Mumbai airport. Syndicate busted based on specific intelligence from Dubai. Read the full investigation details.
FBI's $7M Bounty for North Korean Banker Sim Hyon Sop
The FBI offers a $7 million reward for Sim Hyon Sop, a North Korean banker accused of laundering millions for Kim Jong Un's regime through crypto and shell companies. Read the full investigation.
Ukraine Draft Dodgers Flee via Gas Pipelines, 8 Held
A report reveals Ukrainians are using old gas pipelines to flee abroad and evade military service. Eight facilitators detained, as an ex-official is accused of providing fake disability certificates.
Ahmedabad GST Fraud: Rs 78 Cr Evasion Detected
DGGI Ahmedabad uncovers Rs 78 crore GST fraud network using 8 fake firms for fraudulent input tax credit. Key accused arrested. Details inside.
Bengaluru Customs e-auction of 227 seized gadgets on Dec 30
Bengaluru Customs will auction 227 seized electronic items, including 175 iPhones, on Dec 30 via MSTC. Bulk lot for traders. Bidding open to GST-registered buyers only.
Punjab GST up 16%, Excise revenue surges 8.64%
Punjab's GST collections surge 16% to Rs 17,860 crore till November. Excise revenue also rises 8.64%. FM Cheema credits tech-driven enforcement & OTS scheme for boosting state finances.
Amazon Blocks 1,800+ North Koreans in Fake Job Scam
Amazon uncovers a massive scheme involving over 1,800 North Koreans using fake identities to land remote IT jobs, exposing 'laptop farms' used to fund Pyongyang's programs. Read the full investigation.
US Navy Loses Chase of Venezuelan Oil Tanker BELLA-1
A US Navy pursuit of the Venezuelan oil tanker BELLA-1 ends in failure, raising questions about sanctions enforcement. Read the full story on the escalating maritime showdown.
PIB Debunks Misleading Claim on IT Dept's Digital Access
PIB clarifies new Income Tax Bill 2025 powers. Access to emails & social media is limited to search operations for tax evasion probes. Honest taxpayers unaffected.
Bengaluru Customs Auction for Electronics on Dec 30
Bengaluru Customs is auctioning 227 electronics items like phones and iPads on Dec 30 via MSTC portal. Learn how to register and bid for deals below market price.
7 Weird Christmas Traditions That Bring Families Together
Explore 7 unique Christmas traditions from Japan, Norway, Venezuela & more that bring people together. From KFC feasts to spider web trees, discover global festive magic!
MP's Zero-Based Budgeting Drives Fiscal Discipline, Rs 55,634 Cr Revenue
Madhya Pradesh reshapes finances with zero-based budgeting & a 3-year rolling plan. Deputy CM Jagdish Devda reveals FY25 revenue of Rs 55,634 Cr, per capita income of Rs 1.52 lakh, and new tech-driven initiatives for revenue growth.
Sonipat Trader Held in Rs 118 Cr GST Evasion Case
CGST Rohtak arrests Sonipat pharma trader Pawel Garg for alleged GST evasion of Rs 21.30 crore on sales of Rs 118.49 crore. Raid uncovers unaccounted transactions. Read the full details.
Gold Smuggling Mastermind Arrested by DRI in Mumbai
The Directorate of Revenue Intelligence arrests the alleged mastermind of an international gold smuggling syndicate after a Rs 4 crore seizure at Mumbai airport. Read the full investigation details.
Delhi HC Asks Customs to Respond to IndiGo's Rs 900 Cr Plea
Delhi High Court directs customs authorities to respond to IndiGo's petition seeking a refund of over Rs 900 crore in import duty. The case involves aircraft engines and parts. Read the latest developments.
I-T Raids on Mumbai Food Firms, Shilpa Shetty-Linked Outlet
Income Tax Department conducts searches on multiple Mumbai food & beverage companies for alleged tax evasion. Actor Shilpa Shetty's co-owned restaurant among premises covered. Read the full details.
I-T Raids on Food Firms, One Linked to Shilpa Shetty
Income Tax Department conducts nationwide raids on food companies, including a brand promoted by Shilpa Shetty. Search operations span multiple cities, uncovering alleged financial irregularities.
I-T Raids Mumbai F&B Firms, Shilpa Shetty Restaurant Searched
Income Tax Department raids over 20 Mumbai food & beverage firms for tax evasion. Searches include a restaurant co-owned by Shilpa Shetty. Details on the ongoing investigation here.
₹1 Crore Illegal Liquor Seized on Mumbai-Nashik Highway
Kalyan Excise vigilance team intercepts a container smuggling foreign liquor worth nearly ₹1 crore from Goa & MP. Driver arrested, investigation ongoing to bust the racket. Read details.
PoA Holder Remanded in Pune Land Stamp Duty Fraud Case
A Pune court remands Sheetal Tejwani in police custody till Dec 23 in a Rs 6 crore stamp duty evasion case involving a 40-acre Mundhwa land deal. Key accused include a suspended sub-registrar and a business partner linked to Ajit Pawar's son. Read the ful
Gunfire Erupts Near JFK Airport After Road Rage Incident
A road rage incident near JFK Airport escalated to gunfire early Sunday, causing major traffic delays. Authorities are investigating, questioning a customs agent. No injuries reported.
Gurgaon Customs Scam: Rs 10 Cr Liquor Racket Exposed
A Gurgaon SIT uncovers a massive liquor smuggling racket diverting imported consignments from govt warehouses to shops, evading crores in Customs duty. Key arrests made, masterminds flee abroad.
Kanpur: 4 held for Rs 37.87 crore GST fraud using fake firms
Kanpur police and tax officials bust a gang that created fake companies to evade GST worth Rs 37.87 crore. Four arrested, laptops and phones seized. Read the full investigation details.
489 Fake GST IDs Found, Rs 3,000 Crore Tax Evasion
Government uncovers 489 bogus GST registrations using forged IDs, evading Rs 3,000 crore. Data analytics drive intensifies against tax fraud networks. Read the full report.
489 Fake GST IDs with Forged PAN, Aadhaar Found
Government detects 489 fake GST registrations using forged PAN & Aadhaar, leading to ₹3,000+ crore tax evasion. Learn about the crackdown and new safety measures.
Mamdani's Video on Immigrant Rights After ICE Raid
NYC Mayor-elect Zohran Mamdani releases a crucial video detailing immigrant rights during ICE encounters, following a controversial raid on Canal Street. Know your rights and protect your community.
Mumbai court acquits businessman in 2012 airport smuggling case
A Mumbai court acquitted a 70-year-old Bhopal businessman accused of smuggling gold and liquor in 2012, citing the prosecution's failure to prove the case. Read the full details of the verdict.
Page 2 of 4