financetom
Economy
financetom
/
Economy
/
Narendra Modi government sacks 15 senior income tax officials over corruption
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Narendra Modi government sacks 15 senior income tax officials over corruption
Jun 18, 2019 7:00 AM

Narendra Modi government on Tuesday sacked 15 senior tax officials facing probes in corruption cases, sending across a tough message to bureaucrats taking kickbacks for facilitating tax evasion by companies, a government statement said.

Share Market Live

NSE

Last week, the government had dismissed 12 income tax officials who were mainly facing corruption charges.

India improved its ranking, among 180 countries, by three points to 78th on a global corruption index in 2018, according to the annual index of the Transparency International, an anti-graft watchdog.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Policy uncertainty fuels rise in U.S. government debt hedging
Policy uncertainty fuels rise in U.S. government debt hedging
May 26, 2025
NEW YORK (Reuters) -The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, as jittery investors brace for a looming U.S. borrowing-limit political debate as well as overall policy uncertainty. Spreads on U.S. credit default swaps (CDS) - market-based gauges of the risk of a sovereign default - widened to...
Policy uncertainty fuels rise in U.S. government debt hedging
Policy uncertainty fuels rise in U.S. government debt hedging
May 26, 2025
NEW YORK (Reuters) -The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, as jittery investors brace for a looming U.S. borrowing-limit political debate as well as overall policy uncertainty. Spreads on U.S. credit default swaps (CDS) - market-based gauges of the risk of a sovereign default - widened to...
Federal Reserve Watch for May 9: Fed Officials See Need to Keep Inflation Expectations Well-Anchored
Federal Reserve Watch for May 9: Fed Officials See Need to Keep Inflation Expectations Well-Anchored
May 26, 2025
02:17 PM EDT, 05/09/2025 (MT Newswires) -- New York Fed President John Williams (voter) said that well-anchored inflation expectations are the bedrock of central bank policy and that it is essential to maintain them in times of uncertainty. Fed Governor Michael Barr (voter) said tariffs may spur upward pressure on inflation, noting that their size and scope were without modern...
Shippers Ramp up Bookings Out of Asia Ahead of US-China Trade Talks
Shippers Ramp up Bookings Out of Asia Ahead of US-China Trade Talks
May 26, 2025
02:00 PM EDT, 05/09/2025 (MT Newswires) -- Shippers are ramping up cargo bookings on vessels leaving Asia as US and Chinese officials prepare to kick off trade talks over the weekend. A total of 103,105 twenty-foot equivalent units, a standardized measure of cargo capacity, will likely reach the Port of Los Angeles in the May 18 to May 24 week,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved