India and US sign agreement to promote transparency in tax matters

Last updated: 10 July 2015

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th July, 2015 Sub: United States and India Sien Agreement to Share Tax Information U.S. Ambassador to India Mr. Richard Verma and Indian Revenue Secretary Mr. Shaktikanta Das signed an Inter Governmental Agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) to promote transparency between the two nations on tax matters. The agreement underscores growing
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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