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India and Brunei signed an agreement to exchange information on tax and banking matters

Posted on:01 Mar 2019 13:09:28
India and Brunei signed an agreement to exchange information on tax and banking matters
01 March 2019 Current Affairs: India and Brunei signed a pact for exchange of Information and Assistance in Collection with respect to taxes in order to curb tax evasion and tax avoidance in New Delhi.
This agreement will facilitate both the countries to exchange information, including banking and ownership information for tax purposes and will also avail mutual assistance in collection of tax revenue claims.
About Brunei
♦ Capital – Bandar Seri Begawan
♦ Currency – Brunei dollar
♦ Prime Minister – Hassanal Bolkiah.
India and Brunei signed a pact for exchange of Information and Assistance in Collection with respect to taxes in order to curb tax evasion and tax avoidance in New Delhi.
This agreement will facilitate both the countries to exchange information, including banking and ownership information for tax purposes and will also avail mutual assistance in collection of tax revenue claims.
About Brunei
♦ Capital – Bandar Seri Begawan
♦ Currency – Brunei dollar
♦ Prime Minister – Hassanal Bolkiah.

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