Tax Evasion Amount in India in 2012

Between April 2012 to December 2012, financial authorities in India state that up to $1.8 Billion (98 Billion Rupees) was evaded in service taxes within the country. Financial crime investigators were able to recover $376 Million (20 Billion Rupees).

Source:  “Service tax evasion at 98 billion rupees in April-Dec: official,” Reuters, February 1, 2013.