Speaking at India International Trade Fair (IITF) after the inauguration of Income Tax lounges Agarwal emphasized the department's proactive approach in identifying discrepancies using data received through the Automatic Exchange of Information system.
Bern [Switzerland], October 11 (ANI): India has received the fourth tranche of information on financial accounts from Switzerland since the two countries entered into an Automatic Exchange Of Information (AEOI) agreement in 2018, in order to improve tax discipline and avert potential evasion
New Delhi [India], Nov 22 (ANI): The Central Board of Direct Taxes (CBDT) on Friday unveiled a web portal that consolidates all Automatic Exchange of Information (AEOI) at one place for access by financial institutions, departmental officers and the public at large.
Bern [Switzerland], Oct 7 (ANI): The Swiss Federal Tax Administration (FTA) said on Monday it has exchanged information on financial accounts with 75 countries including India.
Berne [Switzerland], Sept 13 (ANI): Stressing that tax evasion and money laundering have strong links with terrorism, President Ram Nath Kovind on Friday said that India and Switzerland will have the first automatic exchange of information on tax matters in the coming weeks.