Indian Finance Minister has taken initiative to create a consensus for sharing vital information to prevent Tax evasion . During his speech in G20 meet he has emphasised the need for this after his Government has comes under presurre to act against Black Money and to bring back money parked out of India. Tax treaty itself among countries are not helping too much .
http://www.moneycontrol.com/news/current-affairs/india-for-global-action-against-tax-evasion_600025.html
http://www.moneycontrol.com/news/current-affairs/india-for-global-action-against-tax-evasion_600025.html
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