E-PaperInformation Exchange News
Black money: Swiss parliamentary panel okays auto information exchange with India
An automatic information exchange pact with India will help provide a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks
3 min read19 Nov 2017Switzerland ratifies automatic exchange of financial information with India, others
Switzerland's Federal Council will notify date from which automatic information exchange will begin and the court's decision is not subject to referendum
1 min read16 Jun 2017Panama Papers: India eyes tax information exchange deal by June
If the tax deal is not signed, India can opt to label Panama as 'non-cooperative' and levy a higher tax on it
3 min read19 Jan 2017Britain says India joins Europe-led plan to tackle tax evasion
Signatories to the scheme undertake to give one another free access to information on who ultimately owns companies
1 min read8 Jun 2016Panama papers fallout: Tax department issues guidelines on information requests
The note advices taxmen on what information to seek from BVI such as details of beneficial ownership
1 min read16 May 2016India joins global information sharing group to check tax evasion by MNCs
MNCs with consolidated revenue of more than 750 million from the current fiscal year will have to disclose information about the entire group's operations
1 min read12 May 2016End of Swiss banking secrecy in sight by 2018
Swiss govt decides to launch talks with other nations on the automatic exchange of account details
2 min read8 Oct 2014G20 finance ministers meet to aid in tracing black money
Meeting in Australia will strive to spell out roadmap for implementing common reporting standards for countries to aid in better exchange of information
1 min read23 Aug 2014India to Switzerland: Join group on illegal money information sharing
The countries involved in the group recognise tax evasion as a global problem requiring automatic exchange of information between tax authorities
1 min read12 Aug 2014Mauritius warns tax crooks, promises full support to India
Both sides have agreed on a new tax information exchange pact, says Mauritius vice-prime minister
4 min read21 May 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared