India Tells Intelligence Agencies To Share Info
by Mary Swire, Tax-News.com, Hong Kong
17 December 2013
India's Directorate of Revenue Intelligence has been told to share information with other Government agencies.
According to Finance Minister P. Chidambaram, the Directorate has access to a "massive" amount of data, including a Permanent Account Number database and excise and service tax records. However, he fears that India's intelligence agencies have not yet learned to "speak to each other," and that the right staff are not necessarily in place to make the most of the information at hand.
Chidambaram has therefore urged the Directorate to take advantage of the latest technological innovations, both to gather and analyze data. The methods by which the Directorate recruits, trains, and deploys staff also look likely to be overhauled.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Reporting, Rule Changes and Reversals… »
- Buying a Home at Auction: Key Questions and Considerations »
- Compliance Concerns Under Consideration »
- Securing Finance for Development Projects »
- Tax Headlines on Headline Taxes »
- How to start a Corporation in California? »
- VAT's (not) All, Folks! »
- Cyprus Trusts: Outline and Practical Approach »
- Compliance on the Cards »
- International Initiatives In Focus »