India and Switzerland have signed a Joint Declaration for implementation of Automatic Exchange of Information (AEOI) in respect of accounts of Indians held abroad. Under the pact, both...
India and other 5 countries viz. Canada, Iceland, Israel, New Zealand and China have signed OECD’s (Organisation for Economic Co-operation and Development) Multilateral Competent Authority Agreement in Beijing...
31 Organisation for Economic Co-operation and Development (OECD) members have signed corporate tax avoidance agreement in a bid to stem fiscal (tax) evasion by multinational companies (MNCs). The...
Base Erosion and Profit Shifting (BEPS) has emerged as one of the most important challenges for the governments across the world today. The globalization, privatization and liberalization has...
There are a few principles followed in budget preparation exercise. These are as follows: Principle of Annuality This implies that a budget is prepared every year on annual...
As per the Visa’s 2012 Global Financial Literacy Barometer survey conducted among over 25,000 people in 28 countries Indians are among the least financially literate people in the...
India signed an agreement with the Eurasian Group (EAG) to inter-alia enhance cooperation in the areas of money laundering and terrorist financing. The Cabinet had approved the agreement...
