India uncovers thousands of shell companies and $2 billion in fake transactions

Anjana Haines

April 07 2017

India uncovers thousands of shell companies and $2 billion in fake transactions

The Indian government’s efforts to tackle the black economy has led to a crackdown against thousands of shell companies and tax bills to recover billions in unpaid taxes. The revenue department has warned of further intensified action over the coming days.

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Anjana Haines

Managing editor ITR

Anjana manages ITR’s online and print coverage, alongside the publication’s awards and events worldwide. She covers all areas of corporate tax matters, but particularly disputes, transfer pricing arrangements and tax treaty analysis.

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