https://www.taxtmi.com/news?id=1470 The strategy combines international engagement to remove bank secrecy and expand information exchange, treaty negotiations to modify DTAAs and sign TIEAs permitting banking information and tax examinations abroad, and legislative measures including widened PMLA predicate offences and Direct Taxes Code provisions (GAAR, CFC rules, expanded wealth tax definitions and mandatory reporting). Institutional reforms create overseas income-tax units, a dedicated Exchange of Information unit and technology platforms, while transfer pricing rules are to be revised and specialised officer training and incentives provided for effective implementation. en-us Wed, 26 Jan 2011 20:08:37 +0530 Wed, 26 Jan 2011 20:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1470 The strategy combines international engagement to remove bank secrecy and expand information exchange, treaty negotiations to modify DTAAs and sign TIEAs permitting banking information and tax examinations abroad, and legislative measures including widened PMLA predicate offences and Direct Taxes Code provisions (GAAR, CFC rules, expanded wealth tax definitions and mandatory reporting). Institutional reforms create overseas income-tax units, a dedicated Exchange of Information unit and technology platforms, while transfer pricing rules are to be revised and specialised officer training and incentives provided for effective implementation. News - Wed, 26 Jan 2011 20:08:37 +0530 https://www.taxtmi.com/news?id=1470