NEW DELHI: finance minister of India calls revenue intelligence agencies to enhance cooperation with their global counterparts to check tax evasion and smuggling.
Although the fiscal incentives for financial malpractices have come down over the years, the minister said revenue intelligence officials must increase global cooperation to “check tax evasion and smuggling.”
While inaugurating the 2nd Regional Customs Enforcement conference here, the minister stressed that effective steps to curb tax evasion and avoidance are necessary to ensure that “free trade remains fair trade.”