Happy New Year 2015

WISH YOU ALL A HAPPY, HEALTHY, PROSPEROUS AND PURPOSEFUL NEW YEAR 2015

Friday, October 13, 2017

Eyecatchers-189: Major Tax Fugitives of India

Cities with the richest tax fugitives


The Times of India has published an infographic in its column of Oct.12, 2017 the following, quoting the Income Tax Dept as its source:

Under its ‘Name and Shame’ policy, the income tax department publishes the list of income tax and corporate tax defaulters. So far it has named 96 defaulters. They all have tax arrears above Rs 1 crore, but are either not traceable or their assets are inadequate to cover the tax dues. Hyderabad was the last known address of 24 of these 96 defaulters, followed by Ahmedabad and Mumbai.

Tax defaulters and Tax arrrears:
Hyderabad 24 (Rs.1027 crores)
Ahmedabad 20 (Rs.486 crores)
Mumbai 12 (Rs.1,063 crores)
Delhi 6 (Rs. 24 crores)
Visakhapatnam 5 (Rs.17 crores)
Kolkata 4 (Rs.77 crores)
Pune 4 (Rs. 337 crores)
Surat 4 (Rs.76 crores)
Lucknow 3 (Rs. 284 crores)
Ludhiana 3 (Rs. 23 crores)
Bhopal 2 (Rs.20 crores)
Chandigarh 2 (Rs.26 crores)
Jaipur 2 (Rs. 90 crores)
Mangaluru 2 (Rs. 23 crores)
Guwahat 1 (Rs. 12 crores)
Panchmahal 1 (Rs. 27 crores)
Secunderabad 1 (Rs.2 crores)

Excerpt from The Times of India, Oct.12, 2017

Grateful thanks to The Times of India

No comments: