Finance Minister Arun Jaitley on Tuesday launched a website to curb black money and expose tax defaulters, in the government’s fight against…
Arun Jaitley (PHOTO: Facebook)
Finance Minister Arun Jaitley on Tuesday launched a website to curb black money and expose tax defaulters, in the government’s fight against corruption.
“This was another step the government was taking to weed out the non-compliant tax payers, and those who pay honestly and on time have no reason to worry,” Jaitley said.
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The website ‘Operation Clean Money’ show details on the process of how tax defaulters have been identified. The government will rate those tax defaulters on a level from high to low risk.
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The portal, developed by the Central Board of Direct Taxes (CBDT), will conduct investigation of those who have made large purchases and huge deposits not in line to their income.
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