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27 economic offenders fled India in last 5 years

Friday, January 4, 2019, 5:04 PM

Twenty-seven defaulting businessmen and economic offenders have fled the country in the last five years, Parliament was informed Friday. Interpol has been approached to issue red corner notices (RCNs) against 20 persons out of these 27, Minister of State for Finance Shiv Pratap Shukla said in a written reply in Lok Sabha.
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I-T dept seizes Rs 992.5-crore assets in FY18

Friday, December 28, 2018, 5:55 PM

The income tax department seized assets worth Rs 992.52 crore during 2017-18, while 582 search and seizure operations were conducted during the financial year, Parliament was informed on December 28. In a written reply in the Lok Sabha, Minister of State for Finance Shiv Pratap Shukla said the income tax department seizes unaccounted/undisclosed/ unexplained assets during the search and seizure operations.