Categories: National

India-Bhutan: Tax Inspectors Without Borders Initiative

India and Bhutan have jointly launched the “Tax Inspectors Without Borders (TIWB)”. It has been launched for strengthening the tax administration of Bhutan. It will focus on International Taxation and Transfer Pricing. TIWB programme aims to strengthen tax administrations among developing countries by transferring technical know-how and skills to their tax auditors and by sharing general audit practices & dissemination of knowledge products with them. This programme is another milestone in the relationship between India and Bhutan. It will be completed in 24 months’ duration.

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About the Tax Inspectors Without Borders:

Tax Inspectors Without Borders (TIWB) initiative was launched in 2015.
Its main aim is to strengthen developing countries’ auditing capacity.
It is a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD).
TIWB initiative has completed 80 programmes in 45 countries.

Important takeaways for all competitive exams:

Bhutan Capital: Thimphu;
Bhutan Prime minister: Lotay Tshering;
Bhutan Currency: Bhutanese ngultrum.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.