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Will GST Wipe Out Kolkata's Shell Companies?
West Bengal Chief Minister Mamata Banerjee says the haste over the rollout of Goods and Services Tax or GST is "an epic blunder". But many in Kolkata say the sooner GST is implemented, the better as GST will end a blot on Kolkata - its infamous multi-crore parallel economy of jama kharchi deals, shell companies and cubby-hole entry operators. But i...
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After PM Modi Order, Enforcement Directorate's Crackdown On Shell Companies Begins Across 100 Cities
Weeks after the Prime Minister Narendra Modi's office ordered a crackdown on shell companies used to launder money, the Enforcement Directorate on Saturday carried out nationwide searches across 100 locations targeting nearly 300 shell companies. Sources said Saturday's operation across more than a dozen states was a direct fallout of the coordina...
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Will GST Wipe Out Kolkata's Shell Companies?
West Bengal Chief Minister Mamata Banerjee says the haste over the rollout of Goods and Services Tax or GST is "an epic blunder". But many in Kolkata say the sooner GST is implemented, the better as GST will end a blot on Kolkata - its infamous multi-crore parallel economy of jama kharchi deals, shell companies and cubby-hole entry operators. But i...
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After PM Modi Order, Enforcement Directorate's Crackdown On Shell Companies Begins Across 100 Cities
Weeks after the Prime Minister Narendra Modi's office ordered a crackdown on shell companies used to launder money, the Enforcement Directorate on Saturday carried out nationwide searches across 100 locations targeting nearly 300 shell companies. Sources said Saturday's operation across more than a dozen states was a direct fallout of the coordina...
