The Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) has signed an agreement for data exchange. The agreement will facilitate the sharing of information and data between the two organisations on an automatic and regular basis. For regular exchange of data, the two organizations will also exchange with each other, on request and suo moto basis, any information available in their respective databases, for the purpose of carrying out their functions under various laws.
For this initiative, a Data Exchange Steering Group has also been constituted, which will meet periodically to review the data exchange status and take steps to further improve the effectiveness of the data-sharing mechanism.
Important takeaways for all competitive exams:
Did you know that kidney beans are one of the most widely eaten beans in…
Did you know that every country has a special city where important decisions are made…
Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…
Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…
The Top 10 most popular websites of 2026 show how the internet continues to evolve…
Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…