US
Aims to deploy 8,500 electronic devices like POS at retail outlets by end of Dec 2020
Highest amount of tax concessions given in FY20 to affluent people
Considers bringing foreign companies on par with local firms
Faces resistance to withdrawing concessions on foreign currency accounts
Insist such decision will provide relief to taxpayers, simplify tax laws
Businessmen say lockdown, less working hours have impacted efficiency of trade, industry
Tolerance of tax loopholes is decreasing in corona-hit EU states
Abdul Razzak Dawood says it will help reduce indirect taxes like sales tax
Lockdown impacts tax collection; govt also reshuffles top hierarchy of revenue body
Cases selected for 2014-17 due to taxpayers’ failure to file returns on time