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India ‘strong champion’ for global tax transparency, says OECD official (Soban News)

India is a “strong champion” in implementing transparency measures against offshore tax evasion and its recent campaign asking taxpayers to correctly report their undisclosed foreign assets has led to disclosure of properties worth more than Rs 29,000 crore, a top OECD official has said.
Head of the Organisation for Economic Cooperation and Development (OECD) Secretariat Zayda Manatta told PTI in an interview that these “notable” outcomes were a result of India’s “commitment” to global tax transparency and automatic exchange of information standards.
Manatta was here recently for the OECD annual plenary meeting of the ‘Global Forum on Transparency and Exchange of Information for Tax Purposes’ hosted by New Delhi between December 2 and 4.
The France headquartered OECD is a globally recognised body that works for economic and social policy promotion. The Global Forum had 172 countries as its members.
“India is a strong champion in tax transparency and has been supporting the work of​India is a “strong champion” in implementing transparency measures against offshore tax evasion and its recent campaign asking taxpayers to correctly report their undisclosed foreign assets has led to disclosure of properties worth more than Rs 29,000 crore, a top OECD official has said.
Head of the Organisation for Economic Cooperation and Development (OECD) Secretariat Zayda Manatta told PTI in an interview that these “notable” outcomes were a result of India’s “commitment” to global tax transparency and automatic exchange of information standards.
Manatta was here recently for the OECD annual plenary meeting of the ‘Global Forum on Transparency and Exchange of Information for Tax Purposes’ hosted by New Delhi between December 2 and 4.
The France headquartered OECD is a globally recognised body that works for economic and social policy promotion. The Global Forum had 172 countries as its members.
“India is a strong champion in tax transparency and has been supporting the work of ​Latest News [ SOBAN NEWS: International and National ]

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