Month: July 2018

New law to blacklist, non-filers of income tax returns mooted

The government is set to bring in a law that would black-list non-filers of income tax returns. Currently, the law does not provide for any stringent penalty for non-filers. The current provisions state that non-filers would not be eligible to apply for loans, tenders etc. The move to bring in a new law is aimed […]