https://www.taxtmi.com/news?id=16138 Offshore tax evasion is being tackled through legislative and administrative measures including the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, amendments to the Benami Transactions regime to enable confiscation and prosecution, strengthened enforcement capacity and IT-enabled information mining, prioritisation of high-impact prosecutions, and active international cooperation via tax treaties, tax information exchange agreements and participation in the Multilateral Competent Authority Agreement/Common Reporting Standard for automatic exchange of information. en-us Fri, 06 May 2016 18:39:00 +0530 Fri, 06 May 2016 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16138 Offshore tax evasion is being tackled through legislative and administrative measures including the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, amendments to the Benami Transactions regime to enable confiscation and prosecution, strengthened enforcement capacity and IT-enabled information mining, prioritisation of high-impact prosecutions, and active international cooperation via tax treaties, tax information exchange agreements and participation in the Multilateral Competent Authority Agreement/Common Reporting Standard for automatic exchange of information. News - Fri, 06 May 2016 18:39:00 +0530 https://www.taxtmi.com/news?id=16138