The Central Board of Direct Taxes (CBDT) has signed an MoU with the Central Board of Indirect Taxes and Customs (CBIC) to facilitate smoother bilateral exchange of data. According to the MoU, both the organisations will share data and information with each other on an automatic and regular basis. They will also share any information available in their respective databases which may be useful for the other organisation.
Signing of the MoU also marks the beginning of a new era of cooperation between the CBDT and CBIC. This MoU will also supersede the MoU signed between CBDT and the erstwhile Central Board of Excise and Customs (CBEC) in the year 2015.
Important takeaways for all competitive exams:
Find More News Related to Agreements
In a landmark judgment delivered on May 19, 2025, the Supreme Court of India ruled…
Many actors around the world have earned huge wealth through films, TV shows and business…
The Shirui Lily Festival is a celebrated annual cultural event in Manipur, dedicated to the…
India is home to some of the wealthiest individuals in the world. These billionaires have…
Islands are special places surrounded by water, often full of natural and beauty. Many islands…
India is a land of diverse landscapes, and its administrative divisions reflect this geographical variety.…
![](data:image/svg+xml;charset=utf-8,<svg height="225px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
