• Breaking News

    Loading...

    Jun 3, 2012

    India signs exchange of tax information agreement with Bahrain

    India signed an  Agreement  with the Government of the Kingdom of Bahrain for the Exchange of Information with respect to taxes (TIEA), here yesterday.  The Agreement was signed by Shri Namo Narain Meena, Minister of State for Finance (Expenditure and Financial Affairs) on behalf of Government of India and H.E. Kamal Ahmad, Minister for Transportation and Acting CEO of the Economic Development of Bahrain on behalf of Government of the Kingdom of Bahrain. 

    The Agreement is based on international standards of transparency and exchange of information. It incorporates provisions for effective exchange of information including banking information between tax
    authorities of the two countries. It has been provided that the Exchange of Information shall be on request and without regard to the domestic interest. The Agreement will enhance mutual co-operation between  the two 
    countries by having effective exchange of information in tax matters.

    Featured

    Recent Post

    Subscribe Now!

    A to Z of Tax and Banking