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The term "Raid in Indian Taxes Law" is incredulous and any unexpected encounter with IT sleuths generally for you to chaos and vacuity. If you are likely to experience such action it is wise to familiarise with the subject, so that, the situation could be faced with confidence and serenity. Tax Raid is conducted with the sole objective to unearth tax avoidance. It is the process which authorizes IT department searching any residential / business premises, vehicles and bank lockers etc. and seize the accounts, stocks and valuables.

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These figures seem to support the argument that countries with high tax rates take care of their people resident. Israel, however, displays tax rate that peaks at 47%, very nearly equal to the of Belgium and Austria, yet few would contend that it's not in the same class just for civil begin.

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