At present, money laundering is going on very fast in India, and it is seen that a lot of companies are doing this money laundering because somehow the income tax raid in India is never going on. She can also read to anyone. Hence, she becomes very alert in the company and starts moving her money from here to there, and efforts are being made here to reduce the money laundering case for Rishi. Those with Indian Income Tax do not want to behave in any way because the foreign companies coming and investing here also increase quickly in India. Still, they need to be allowed to invest inside India. However, this company still uses its mind too much. Instead of paying income tax to the Government of India, it refuses to deliver it to the entire Government of India. Hence, they also refuse because they hide their income completely, and if they fail to show their income, then the government of India cannot collect taxes.
It has also been trying to go after the biggest companies as they seem to be evading their taxes somehow, which is why The Government of India cannot expel me. Still, the income tax is very light; it has to be paid with the utmost attention to everything. It is also checking the bio-data of every company very carefully, and this is its reason. It is said that the company which is not paying income tax to the Government of India, there is an order to impound the vehicle against them, they give it, but still many companies have failed to pay the tax till now, they have to pay the tax to the Government of India in any way. You do not want to pay any tax; you want to keep all the income to yourself, which the Government of India will never allow to happen. People who come here and invest will have to pay income tax, and it is very difficult for them to follow the rules of the Government of India.
The Indian government continues to show strictness in fraud cases.
The government of India has targeted the Vivo company because the producer of the company has been continuously increasing the income from his company within India, and that too at a very fast rate. They were raising Rs. 1000 crores, and to save their taxes, they sent all the money to India, took away half of the capital, sent it to India, and kept the other half of the money in India. They thought it right to pay taxes on the money to the government of India after this. When the government learned about this, they started this money laundering case. They registered a claim against Vivo company and found that it continuously evades taxes from the Government of India, so this kind of case. They have arrested three people so far, but they will be seen resting many people here in the future because evading taxes in this way is not in the law of the Government of India.
The Government of India is doing a lot of work here regarding its strategy in some way or another. It is taking continuous action against income tax evasion which is happening. In this way, the big companies send their money to other countries with the help of money laundering, and they keep their money there safely. The government of India will not allow this to happen at all. The government itself is saying that it is very important for those who invest inside India to pay tax here, and the people of India also need to pay tax here; therefore, in any way, any concession will not be given to the people here. I don’t want to keep it because those people will continuously work more and more here, and the more the Government of India will benefit.