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Tax Information Exchange Treaties

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Modi, Key draw from cricket to highlight warm ties

Cricket on Wednesday became an analogy to highlight the warm ties between India and New Zealand as Prime Ministers Narendra Modi and John Key drew references from the game to stress on the......

Swiss government names Lalit Modi among those facing tax probe

Switzerland on Tuesday named Lalit Modi and his wife Minal among those about whom information and assistance have been sought from its tax department by the Indian authorities. In two separate......

Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

Black money: Swiss have agreed to help India but...

If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information The high-level team that went to......

'Modi will recover black money from abroad'

'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has......

Income in US on I-T radar in FY23, non-disclosure to invite action

The CBDT has rolled out an aggressive target and timeline to investigate tax evasion matters, especially those involving undisclosed foreign assets. Shrimi Choudhary reports. Illustration: Uttam......

Double taxation relief for Indian IT cos in Australia

In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as......

How 1996 World Cup is back to haunt FPIs

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of......

Mukesh Ambani's family in alleged black money net

The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising GDRs of the value of $400......

FinMin declines to share Swiss bank accounts details

India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of......

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