India now has 25,202 public charging stations for EVs: Minister
As many as 25,202 public charging stations for electric vehicles (EVs) have been installed in the country to date, the government said on Friday.
Union Minister of State for Finance Pankaj Chaudhary informed Rajya Sabha on Tuesday that undisclosed credits amounting to Rs 20,353 crore have been detected with respect to 930 India-linked entities in the Panama and Paradise Paper Leaks.
The Minister stated that Income Tax Department takes appropriate actions in case of persons, who are found to be involved in violation of the provisions of various Acts administered by the Income Tax Department like the Income Tax Act, 1961, and Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act,2015.
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Such actions under direct tax law include searches & seizures, surveys, inquiries, assessment and reassessment of income, levy of taxes along with interest, levy of penalties, filing of prosecution complaints in criminal courts., wherever applicable.
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Giving more details, the Minister stated that in 52 cases of Panama and Paradise Paper Leaks, Criminal prosecution complaints have been filed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. Further, in 130 cases proceedings under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 have been initiated. Taxes collected so far amount to Rs. 153.88 crore in the Panama and Paradise Paper Leaks.
The Minister further stated that some Indian names have been released in the media which are allegedly linked to the Pandora Papers Leak.
The Government of India has taken cognisance of the same and for the purpose of coordinated and speedy investigation brought the Pandora Papers Leak under the umbrella of Multi-Agency Group (MAG), which has been constituted under the convenorship of Chairman CBDT, with the Directorate of Enforcement (ED), Reserve Bank of India (RBI), Financial Intelligence Unit India (FIU-IND) and Foreign Tax &Tax Research Division of CBDT as its members’ agencies. Further, an investigation is in progress.
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