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550 wealthy biggies owe 2.5 lakh crores in income taxes!

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Governance

TOI carried a report on biggest IT defaulters saying 550 top defaulters who owe more than 25 crores.

..Till March 31, the total arrears were Rs 2.30 lakh crore and with the start of the new fiscal, another Rs 20,000 crore has been added to this figure. Last year, the department had managed to recover nearly Rs 12,000 crore. The target for this year has been fixed at Rs 14,000 crore...

http://timesofindia.indiatimes.com/India/550-biggies-on-Rs-25cr-tax-defaulters-list/articleshow/6044719.cms

Is it case of less of enforcement and more of corruption?

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