India to get details of Swiss bank accounts from Sept 2018

Switzerland will not share details about accounts held prior to September 2018. In a big step towards fighting black money stashed overseas, Switzerland on Tuesday agreed to automatic sharing of......

Comply with tax rules or face the music, Sebi tells market players

Regulator Sebi on Wednesday asked market entities to ensure compliance with changed income tax regulations, with India becoming a signatory to FATCA as well as a global pact to check tax evasion.......

Modi's efforts to usher reforms hits a roadblock

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms, notes Mukesh Butani. Image: Modi’s reforms agenda faces a setback. Photograph,......

India, US sign FATCA to fight tax evasion

To check offshore tax evasion, India and the US on Thursday signed an agreement to implement FATCA that will facilitate exchange of information between the two countries from October 1. The Foreign......