Sharing Of Tax Information
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Toll Tax for Bikes? Union Minister Nitin Gadkari Issues Clarification Amid Viral Reports
Union Minister Nitin Gadkari has shared a post on social media platforms informing that the reports claiming the imposition of toll charges on two-wheelers are false.
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Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
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AIS for Taxpayer Mobile App Launched by Income Tax Department to Share TDS, Transaction Information
The Income Tax department on Wednesday said it has launched the AIS for Taxpayer mobile app which will give taxpayers a comprehensive view of their information related to TDS/TCS, interest, dividends and share transactions, and an option to provide feedback. The mobile app will facilitate taxpayers to view their information as available in the Ann...
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UK Suspends All Exchange Of Tax information With Russia, Belarus
Britain said Thursday it is suspending accords on sharing tax information with Russia, the latest in a series of sanctions aiming to squeeze Moscow for its invasion of Ukraine.
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Be An Informer For Income Tax Department; Earn Up To Rs 5 Crore
Sharing "specific information" with the income tax department about any benami transaction or property could earn you up to Rs one crore, while the same for undisclosed black money stashed abroad could fetch up to Rs 5 crore.
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Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
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Sharing GST Meet Details Can Affect India's Economic Interest: PM's Office
The Prime Minister's Office has refused to share information about a meeting chaired by Narendra Modi on the Goods and Services Tax, saying it would affect the country's "economic interests".
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BRICS Nations Vow To Automatic Sharing Of Tax Information
BRICS nations, including India, today pledged to share tax information automatically and adopt global standards on tax transparency to check cross border tax evasion.
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Switzerland Starts Consultations On Sharing Details On Black Money With India
Moving ahead on automatic sharing of details on suspected black money, Switzerland today initiated its statutory consultation process for bringing into force Automatic Exchange of Information (AEOI) on tax matters with India and some other countries from January 1, 2018.
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US, India To Cooperate On Checking Tax Evasion, Terror Funding
India and the US have agreed to enhance cooperation on tackling offshore tax evasion through information sharing and joint audits, while intensifying efforts to combat money laundering and terror financing.
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India, US To Collaborate On Tackling Offshore Tax Evasion
India and the US have agreed to enhance collaboration on tackling offshore tax evasion and increase cooperation in sharing of cross-border tax information.
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India, Switzerland Working 'Very Closely' On Tax Information Exchange
India and Switzerland are working "very closely" on sharing of information related to tax matters on suspected illicit money cases, a top Swiss official said today.
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Cabinet Approves Protocols to Amend Tax Pacts With Israel, Vietnam
The government has approved protocols amending tax pacts with Israel and Vietnam to include effective sharing of bank information, a move aimed at dealing with the menace of black money.
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Bring Proof, Don't Come to Us on 'Fishing Expedition', Switzerland Tells India Over Black Money
Can share information on account holders if given prima facie proof of tax evasion, but not give entire list of account holders, Switzerland Ambassador tells India.
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G20 Deal on Sharing Bank Data to Help India Battle Black Money
In a major step that will aid India track and recover black money stashed abroad, G20 finance ministers on Sunday agreed on allowing automatic sharing of all bank information with tax authorities at the end of each year, starting 2017.
-
Toll Tax for Bikes? Union Minister Nitin Gadkari Issues Clarification Amid Viral Reports
Union Minister Nitin Gadkari has shared a post on social media platforms informing that the reports claiming the imposition of toll charges on two-wheelers are false.
-
Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
AIS for Taxpayer Mobile App Launched by Income Tax Department to Share TDS, Transaction Information
The Income Tax department on Wednesday said it has launched the AIS for Taxpayer mobile app which will give taxpayers a comprehensive view of their information related to TDS/TCS, interest, dividends and share transactions, and an option to provide feedback. The mobile app will facilitate taxpayers to view their information as available in the Ann...
-
UK Suspends All Exchange Of Tax information With Russia, Belarus
Britain said Thursday it is suspending accords on sharing tax information with Russia, the latest in a series of sanctions aiming to squeeze Moscow for its invasion of Ukraine.
-
Be An Informer For Income Tax Department; Earn Up To Rs 5 Crore
Sharing "specific information" with the income tax department about any benami transaction or property could earn you up to Rs one crore, while the same for undisclosed black money stashed abroad could fetch up to Rs 5 crore.
-
Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
-
Sharing GST Meet Details Can Affect India's Economic Interest: PM's Office
The Prime Minister's Office has refused to share information about a meeting chaired by Narendra Modi on the Goods and Services Tax, saying it would affect the country's "economic interests".
-
BRICS Nations Vow To Automatic Sharing Of Tax Information
BRICS nations, including India, today pledged to share tax information automatically and adopt global standards on tax transparency to check cross border tax evasion.
-
Switzerland Starts Consultations On Sharing Details On Black Money With India
Moving ahead on automatic sharing of details on suspected black money, Switzerland today initiated its statutory consultation process for bringing into force Automatic Exchange of Information (AEOI) on tax matters with India and some other countries from January 1, 2018.
-
US, India To Cooperate On Checking Tax Evasion, Terror Funding
India and the US have agreed to enhance cooperation on tackling offshore tax evasion through information sharing and joint audits, while intensifying efforts to combat money laundering and terror financing.
-
India, US To Collaborate On Tackling Offshore Tax Evasion
India and the US have agreed to enhance collaboration on tackling offshore tax evasion and increase cooperation in sharing of cross-border tax information.
-
India, Switzerland Working 'Very Closely' On Tax Information Exchange
India and Switzerland are working "very closely" on sharing of information related to tax matters on suspected illicit money cases, a top Swiss official said today.
-
Cabinet Approves Protocols to Amend Tax Pacts With Israel, Vietnam
The government has approved protocols amending tax pacts with Israel and Vietnam to include effective sharing of bank information, a move aimed at dealing with the menace of black money.
-
Bring Proof, Don't Come to Us on 'Fishing Expedition', Switzerland Tells India Over Black Money
Can share information on account holders if given prima facie proof of tax evasion, but not give entire list of account holders, Switzerland Ambassador tells India.
-
G20 Deal on Sharing Bank Data to Help India Battle Black Money
In a major step that will aid India track and recover black money stashed abroad, G20 finance ministers on Sunday agreed on allowing automatic sharing of all bank information with tax authorities at the end of each year, starting 2017.
