Tag: financial action task force

NEW DELHI: The OECD on Friday released a possible framework for enhancing tax transparency in real estate, which is seen as a source of leakage and money laundering, and also allow for sharing of tax-related information received from other countries for "non-tax purposes".The two recommendations in the report released by the Centre for Tax Policy of the Paris-based agency for G20 leaders, who are meeting here, came at the behest of India, which is looking at ways to tighten norms to plug evasion."There are indications that investments in...