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"The directorate will deal with tax crimes
related to illegal activities. It will locate
crimes or criminals by tracing the movement of
money before, during and after a crime is committed,"
Mukherjee said while addressing the top executives
of the income tax department here.
He said the new directorate would also strengthen
the ongoing efforts of the income tax department
in dealing with issues of black money.
Addressing the 27th annual conference of chief
commissioners and directors general of the income
tax department, Mukherjee said the government
has already given its approval for the new agency.
The directorate of criminal investigation will
be a part of the income tax department.
The finance minister also emphasised the need
for "zero tolerance on corruption" in
the income tax department.
Notably, the money through corruption helps
mafia gangsters run drug and hawala (illegal money
transfers) as well as terrorism.
(IANS)
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