India Notifies MoU with Japan for Tax Recovery Assistance Under Income Tax Act

The Ministry of Finance (Department of Revenue) has issued Notification No. 56/2026 under the Income-tax Act, 1961, formally giving effect to a Memorandum of Understanding (MoU) between India and Japan for assistance in the collection of taxes. This development strengthens bilateral cooperation in

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CCI News Desk

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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