Can not Escape service tax Fraudder

Finance Minister P Chidambaram has said that service tax evaders will not get any escape route in case . Including arrest and prosecution if caught in tax evasion strict action will be taken against them . In the case of service tax evasion in the country so far 13 people have been arrested .
He said that the service of the nation's gross domestic product ( GDP) is 55 per cent . There is no reason why that should not tax services . Chidambaram here on Tuesday organized by the Department of Central Excise and Customs voluntary compliance incentives ( VCES ) were addressing the awareness camp . The Government has introduced a package of amnesty for defaulters .
He just seven million of those 17 million registered firms and are paid as service tax . The rest needs to reach 10 million . They may be far from our reach . But with the help of the technical resources, the revenue department's investigation and any tax thief through 360 degrees profiles can be easily caught .

Wipro faces serious tax Problem

India's third largest IT company Wipro is facing the threat of property seizure . Not pay property tax of Rs 16.47 crore on the charges. So Greater Bangalore Municipal Corporation ( BBMP ) has threatened to take legal action .
Wipro said it is taking legal steps to avoid this action .
BBMP despite notices allege that the company is paying tax . So the final notice is issued . If this time does not pay property tax will take action if necessary . The company alleged that the BBMP is in a wrong way to recovery . Without prior notice to BBMP officials on November 27 reached their Sarjapur office and remained there for seven hours . During this time he tried to recover many wrong ways . The notices were sent back many mistakes . Should be improved , but they are expanding the number of notices . Being a responsible corporate we appeal to them that they are the right ways to behave with us .
BBMP , chairman of the Standing Committee on Finance 's Tax and MS Shiv has denied the allegations . He said that after three notices also not tax the corporation has the right to seize the property . In January last year the company had paid Rs five crore . After that there was no payment . Shiv said on Friday he has called a meeting on the matter . We 're willing to wait a week . Thereafter, further action will be taken.

21 thousand crore tax liability on Nokia

Finnish handset giant Nokia 's problems are not to be scrapped in India . The Delhi High Court on Monday by the Income Tax Department said in its latest information and Nokia Corporation , Nokia India at the total tax liability is Rs 21 153 crore . This amount includes fines imposed on the company during 2006-13 .
Nokia India on payment of Rs 6,500 crore tax income tax department went to court . Subsequently, the High Court ordered the sealing of Nokia's assets . The company filed a petition in the High Court against it . In response, the department said TDS on mobile manufacturer company did not pay royalties . Her special economic zone [ SEZ ] is operating under the special discounts not found . If the company would have TDS and SEZs are exempt afford the tax liability 14,200 crore . After hearing the arguments of the Department of Justice Sanjeev Khanna and Sanjeev Sachdeva Nokia for hearing adjourned until Tuesday .

Meanwhile , Nokia said in a statement that her department did not give any notice in this regard . Have been many claims about the tax department . We will fight this battle in court . During Tuesday's hearing, the court will have to answer several questions . These investments in India , dividend payments , raw material procurement , Nokia Corp. and Microsoft deal to return to the question of what the company offers .
Microsoft to buy Nokia for $ 7.2 billion deal . The acquisition process is not complete yet . In the last hearing, the court questioned the intentions of Nokia India Finally she asked him the name of a dividend of 18 reasons to Finland sent Rs 3,500 crore .



Were seized by the Income Tax Department for the Nokia Chennai plant has started to find a buyer . The company said that if he could not sell the plant will transfer to Microsoft .
Nokia for sale after the transaction is no longer of any use of this plant . The company has also discussed with Microsoft in this regard .