Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: cpt :: ACCOUNTING STANDARDS :: empanelment :: ACCOUNTING STANDARD :: VAT RATES :: form 3cd :: due date for vat payment
 
 
Service Tax »
 Payment made in revenue sharing deal exempt from service tax
 India seen posting stronger growth as businesses adjust to new tax
 GST High Powered Committee On Return Filing - Representation by GST Research Foundation
  Changes In Central Goods And Services Tax Rules, 2017
 GST return filing to be a breeze for small businesses
 Changes In Central Goods And Services Tax Rules, 2017
 Simple tax made complex
 Govt may review monthly GST return filing process
 Central Goods and Services Tax (Eleventh Amendment) Rules, 2017
 Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Central Goods and Service Tax Rules, 2017
 Composition Scheme - the Central Goods and Services Tax (Removal of Difficulties) Order, 2017

India gets tax data from France, British Virgin Islands
March, 21st 2015

Tax authorities have obtained fresh information from France on the so called HSBC cases and a visit to British Virgin Islands has yielded positive outcome as the government steps up its fight against black money.

Government sources said special units have been set up under each director general of income tax (investigation) to undertake expeditious and focused investigation in undisclosed foreign assets. The government is keen to ensure that there is zero tolerance for black money and hopes the two legislations that it has proposed will help tackle the menace effectively.

"Proactive and regular follow-up measures with France have led to obtaining further information in respect of the HSBC cases. Contacts have also been established with whistleblowers for obtaining new information," sources said.

They said India is now a leading force in the efforts to forge a multilateral regime for proactive sharing of financial information known as automatic exchange of information (AEOI) which will help global efforts to combat tax evasion.

The government has also taken a decision to enter into information-sharing arrangements with the US under Foreign Accounts Tax Compliance Act (FATCA). "The AEOI and FATCA will enable India to get information about financial transactions done by Indian tax payers in other countries," sources said.

In another development which is expected to expedite sharing of information, Switzerland has assured to start talks with India for concluding an AEOI agreement. "This is the first time that Switzerland has agreed to commence discussions on a bilateral agreement," sources said.

Finance minister Arun Jaitley had spoken to his Swiss counterpart during his Davos visit in January on the issue. "As a result of the persistent efforts, information in certain cases involving substantial amounts of undisclosed income stashed abroad has started flowing in from Switzerland and other jurisdictions," sources said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions