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CBDT into Singapore, Mauritius |
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February, 28th 2008 |
Investors based in Mauritius and Singapore could soon get assistance on Indian direct tax related issues in their respective countries itself. The Central Board of Direct Taxes has decided to create a post of First Secretary in the Indian High Commission at both these countries to assist the local investors there on direct tax issues including those on double taxation avoidance agreements. Official sources said that this would be the first time ever an income tax departmen t official would be posted abroad. The CBDT is looking to post officers at the level of joint commissioners of income tax (JCIT)/additional commissioners of income tax. The tax department has called for applications to this post from officers of 1991 to 1995 batch. We will post an officer each in Singapore and Mauritius before end March this year, a CBDT official said. Both Mauritius and Singapore have been an important source of foreign investments into India in the recent years.
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