Diabytes
Tax arrears News
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As part of its strategy to "name and shame" big defaulters, the Income Tax Department on Thursday published names of five entities who owe over Rs 10 crore in taxes.
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Just 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.
Moving ahead with its strategy of 'naming and shaming' large tax defaulters, the Income Tax department on Wednesday came out with a list of 31 defaulters who owe over Rs 1,500 crore to the government.
Tax arrears from corporate houses stood at over Rs 3.11 lakh crore till December 2014, Parliament was informed on Friday.
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