Income Tax Department notified regarding the Enhancing Tax Transparency on Foreign Assets and Income

Nov 14, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance

The Income Tax Department on November 13, 2024, notified regarding the Enhancing Tax Transparency on Foreign Assets and Income.

It outlines measures to enhance tax transparency on foreign assets and income, focusing on improving reporting requirements and compliance for individuals and entities with overseas financial interests.

For more information on CRS & FATCA – click here.


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