Union Cabinet approves MOC in respect of tax matters between India and BRICS countries

Posted on:20 Jul 2017 11:28:20
Union Cabinet approves MOC in respect of tax matters between India and BRICS countries
20 July 2017 Current Affairs: The Union Cabinet approves the signing of Memorandum of Cooperation (MOC) in respect of tax matters between India and the BRICS countries namely, Brazil, Russia, China and South Africa.

It aims to promote cooperation amongst BRICS Revenue administrations on common areas of interest in tax matters and capacity building and knowledge sharing.

The decision is taken by the Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi.

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