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:
At the age of 86 Legendary martial artist and actor Chuck Norris has passed away.…
Eid al-Fitr 2026 is being celebrated on the March 20 in Saudi Arabia, UAE and…
Did you know that India is one of the most linguistically diverse countries in the…
Recently unveiled The top 10 youngest billionaires 2026 list highlights the new generation of wealth…
The number of self-made women billionaires worldwide has reached a record 150 in 2026. This…
India and Vietnam have strengthened the cooperation in tribal and ethnic development. This coming after…