Ques: Recently with which of the following country Union cabinet signed agreement for the exchange of information with respect to taxes?
(a) Myanmar
(b) Maldives
(c) Sri Lanka
(d) Bhutan
Ans (b)
Related facts
- In December 30, 2015 the Union Cabinet has approved the signing and ratification of an Agreement for the exchange of information between India and Maldives with respect to taxes.
- It is notable that the Agreement will stimulate effective exchange of information between the two countries which will help curb tax evasion and tax avoidance.
Reference
http://pib.nic.in/newsite/PrintRelease.aspx?relid=134015