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Immunity from FEMA for disclosures in black money window

The Frequently Asked Questions (FAQs) issued by Finance Ministry said the 90-day compliance window till September 30 provided to foreign asset holders to come clean will, however, not guarantee immunity for wealth generated from corruption.
India, Singapore to exchange tax information

India and Singapore today amended their Double Taxation Avoidance Agreement (DTAA), a move that will help both the countries exchange banking and tax related information more effectively. A Protocol amending the DTAA was singed here.

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