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Govt asks RBI to relax rules to revive shipbuilding industry
Source: IRIS | 04 Dec, 2014, 04.20PM
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The Finance Minister Arun Jaitley asked the Customs officials to use latest technology to gather and analyze intelligence information relating to any illicit transaction across the border.

He stressed on the need for exchange of information by the officers of the Directorate of Revenue Intelligence (DRI) with other intelligence agencies and development of their potential to analyse it critically and minutely before hitting the final target.

Jaitley further said that in an era of free trade and trade liberalization, there is need for global and international cooperation and sharing of intelligence information among the countries especially among the neighboring ones in order to control the illicit movement of goods across border.

He said that officers need to be trained in order to read between the lines and be fully equipped to handle the latest technology tools efficiently and effectively in order to keep pace with the techniques used by the tax evaders who always try to exploit the loopholes/gaps in the law.

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