A multi-million-dollar racket that used fake Indian call centres to trick US citizens into paying bogus tax bills may be the tip of the iceberg, with police warning similar scams could be operating across the country.
Indian police said Wednesday they had detained and questioned more than 750 bogus call centre workers accused of stealing millions of dollars from American citizens by posing as United States tax officials.
Finance Minister Arun Jaitley said India was on the cusp of its biggest tax reform since independence ahead of a vote in parliament later Wednesday on a new national sales tax.
Only about two percent of Indians filed income tax returns in 2013, long-awaited official data showed Friday, highlighting an exceptionally low tax base that constrains public spending...
EU finance ministers endorsed a series of measures on Saturday to fight tax evading methods used by Europeans exposed by the Panama Papers scandal.
