As per an answer furnished to Parliament by Jayant Sinha, Minister of State Finance, the corporates have to pay an arrear of Rs. 4,18,399 crore tax to the Government as on January 2016.
Govt. wants to impose tax on the workers’ hard earned EPF fund, but takes no action against the big corporates who have cheated the government Rs.41.18 crores.
Of course, it is the government of the corporates, by the corporates and for the corporates.