The global forum of more than 90 countries, working towards improving tax transparency and exchange of information, has launched the peer review of member-nations, including India.

India is a Vice-Chair of the Peer Review Group, which is part of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

The review, which forms part of the international fight against cross-border tax evasion, would initially start with 18 jurisdictions, including India, according to the Organisation for Economic Cooperation and Development (OECD).

“We are very happy that the Global Forum is now moving to launching the peer reviews which are a guarantee that there are major progresses towards full tax cooperation.

“I also thank India for its very active and supporting role in the Global forum to fight tax evasion,” Head of the Global Forum Secretariat Pascal Saint-Amans told from Paris.

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