Kerala - Thiruvananthapuram   

Special drive against tax evasion

THIRUVANANTHAPURAM: Finance Minister T.M. Thomas Isaac has said the Finance Department would go all out against tax evasion during the Onam season. Onam is the time when the markets go hectic in the State. It is when tax evaders hold sway, he said.

Talking to presspersons on the sidelines of an official conference here on Friday to plan the drive during the season, Dr. Isaac said the ongoing raids on gold merchants too would continue. He asked the gold merchants who had opted for the compounding system of tax payment to be prompt with their remittances to the government.

He said the merchants would get time till September 30 to avail of the benefits of the one-time settlement scheme the government had announced for helping them clear their tax arrears.

Those who had gone in appeal against tax assessments placed on them by the department too could use the one-time settlement opportunity. They would get back excess amounts paid if the decisions went in their favour.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

UGC workshop on ethics
State Development Council meeting
Forest Department draft published
Call for token strike
BSNL mobile bills
Special drive against tax evasion
17 ordinances to be reissued
KIMS to set up cancer centre
Booster dose for medicinal plants
Course in medical transcription
Plea to shift family court
Plan to curb industrial pollution
Rain havoc: 24 villages declared disaster-prone
In Thiruvananthapuram Today

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu