The Central Board of Direct Taxes (CBDT) has received total disclosure of Rs. 65,250 crore black money in the form of cash and other assets under the Income...
The Union Cabinet has given its approval for signing and ratification of Agreement between India and Samoa for the exchange of information with respect to Taxes. It will...
The Union Cabinet approved a revised Double Tax Avoidance Agreement (DTAA) and the Prevention of Fiscal Evasion with respect to Taxes on Income between India and Cyprus. The...
The Parliament has passed the Benami Transactions (Prohibition) Amendment Bill after it was unanimously approved by Rajya Sabha. The comprehensive amendment bill seeks to amend and strengthen Benami...
The Lok Sabha has passed comprehensive Benami Transactions (Prohibition) Amendment Bill, 2015 to curb domestic black money. The comprehensive amendment bill seeks to amend and strengthen Benami Transaction...
The Union Cabinet has given its approval to the signing of a Protocol amending the Agreement between India and Belgium for avoidance of double taxation. Decision in this...
The markets regulator SEBI (Securities and Exchange Board of India) has put in place a stricter KYC (Know Your Customer) norms and disclosure regime for Participatory Notes (P-Notes)....
India has joined a group of nearly 40 countries that have signed a Europe-led clampdown on tax evasion and corruption. Under this group countries are committed to automatically...
India and Qatar have signed seven bilateral agreements in various fields to boost bilateral ties. These agreements were signed in presence of Prime Minister Narendra Modi and Qatar...
The Income Declaration Scheme 2016 or four month window for declaration of domestic black money shall come into effect from 1st June 2016. The window provides an opportunity...
India and Mauritius have signed a protocol to amend taxation methods for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on...
The G20 countries including India have sought a crackdown on tax heavens, shell companies and terror financing in the wake of the ‘Panama Papers’ scandal. In this regard...
