The sanctions generally ban the designees from U.S. dollar transactions and the U.S. financial system. The US Treasury on Monday said it had imposed sanctions on Russian financial services and technology players, including blockchain firm Atomyze, for developing or offering services in virtual assets aimed at evading Ukraine war-related sanctions on Russia. The… Continue reading US targets Russian fintech operators for Ukraine war sanctions evasion work | External Affairs Defence Security News
Tag: evasion
Current law enough against GST evasion by offshore gaming platforms: FinMin
The GST Council on July 11 decided that online gaming is an actionable claim, like the lottery, on which a 28 per cent tax is to be levied. The finance ministry on Tuesday said there are sufficient enforcement provisions in GST laws to take action against offshore gaming platforms, which default in paying taxes.… Continue reading Current law enough against GST evasion by offshore gaming platforms: FinMin
GST evasion, money laundering, bank fraud cases & more
Rs. 14,302 cr of GST evasion detected in April, May 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… Continue reading GST evasion, money laundering, bank fraud cases & more
GST evasion of Rs 14,302 cr detected in April-May, 28 persons arrested
As many as 2,784 cases of GST evasion involving Rs 14,302 crore were detected in the first two months of the current fiscal, 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… Continue reading GST evasion of Rs 14,302 cr detected in April-May, 28 persons arrested