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Coffee Baron’s Death Fuels India Inc Anger Over Government Crackdown On Wrongdoing

From: news.yahoo.com

NEW DELHI (Reuters) – The apparent suicide of India’s coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger towards the government among business leaders who feel it is going too far in its crackdown on fraud and tax evasion.

Drastic measures taken by Prime Minister Narendra Modi’s administration include stringent action to enforce tax compliance, probes into bank lending practices and threatening auditors with five-year bans for alleged lapses in their work.

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