OECD - Page 10

FM emphasizes need for standardized information exchange to prevent International Tax evasion and avoidance

Finance Minister Shri Arun Jaitley has emphasized the need for common reporting standards on Automatic Exchange of Information to be implemented globally to prevent international tax evasion and avoidance. ...

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Posted Under: Income Tax |

Guidance on Implementation on FATCA and CRS

F. No. 500/137/2011-FTTR-III 31/08/2015

To combat the problem of offshore tax evasion and avoidance and stashing of unaccounted money abroad requiring cooperation amongst tax authorities, the G20 and OECD countries working together developed a Common Reporting Standard (CRS) on Automatic Exchange of Information (AEOI). The CRS on AEOI was presented to G20 Leaders in Brisbane on...

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OECD growth indicator points to slowdown in India

The growth outlook for major industrialised economies is picking up, although big differences in momentum remain between countries, the OECD's leading indicator for December showed on Monday. The Paris-based Organisation for Economic Development an...

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Posted Under: Income Tax |

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