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CBDT and CBIC sign MoU for exchange of information on automatic and regular basis

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The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) signed a Memorandum of Understanding (MoU) for exchange of information This MoU supersedes the MoU signed between CBDT and the erstwhile Central Board of Excise and Customs (CBEC) in the year 2015. “Significant developments have taken place since … Read more

Indian economy needs additional reforms: KKR’s David Petraeus

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New Delhi: The Indian economy needs major reforms in areas like land, labour and banking, in addition to the measures already undertaken like the GST and bankruptcy law, KKR Global Institute chief David Petraeus said on Friday. “I think there is…really a need for additional reforms in addition to the GST, bankruptcy law, banking for … Read more