DGFT Launches online payment facility for application fees through Credit/ Debit Cards

Misc. Items

In keeping with the Digital India vision of Hon’ble Prime Minister, and taking yet another small but crucial step towards paperless, online functioning in 24×7 environment, Directorate General of Foreign Trade (DGFT) today launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed). The…

India and United States Signs Inter Governmental Agreement (IGA) to Implement the Foreign Account Tax Compliance Act (FATCA) to Promote Transparency on Tax Matters

Income Tax, Income Tax Circulars/ Notification, Income Tax Updates

Mr. Shaktikanta Das, Revenue Secretary of India and Mr. Richard Verma, U.S. Ambassador to India signed here today , an Inter Governmental Agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) to promote transparency between the two nations on tax matters. The agreement underscores growing international co-operation to end tax evasion everywhere. The…