As many as 2,784 cases of GST evasion involving Rs. 14,302 crore were detected in the first two months of the current financial year, while Rs. 5,716 crore was recovered during the period, Parliament was informed on Monday.
Finance Minister Nirmala Sitharaman in a written reply in the Lok Sabha gave details of Goods and Services Tax (GST) and income tax evasion, as well as detection of outright smuggling by the Customs department.
The Enforcement Directorate(ED) has registered 3,110 cases under the anti-money laundering law and over 12,000 complaints to probe alleged foreign exchange violations over the last three years, the government informed Parliament on Monday.
Bank fraud cases decline on improved detection: Govt
Minister of State for Finance Bhagwat Karad said bank frauds had declined from Rs. 77,544 crore in 2013-14 to Rs. 1,650 crore in 2022-23.
Govt: No offset obligation lapsed in 5 yrs
The quantum of defence offset obligations for which claims have been submitted is $6.85 billion, the government said on Monday.
Minister of State for Defence Ajay Bhatt said in Rajya Sabha, no offset obligation has lapsed during the past five years.
First Published: Jul 31 2023 | 10:24 PM IST