Sunday, November 6, 2011

India, US join to fight tax evaders

India and  US  joined hands to crack down tax evaders and bring to book those who have stashed black money in tax havens abroad. Two nations, a team of investigators drawn form investigation units in the Union Finance Ministry and the recently set up Income Tax's Directorate of Criminal Investigation(DCI) will visit to Savannh, Georgia this month to chart out plans for effective co-operation in unearthing black money.

Offiicial media correspondent quoting sources reports, the Indian team will meet officials at Federal Law Enforcement Training Center (FLETC) in Georgia. At FLETC, officers will be involved in the Criminal Investigator Training Programme to be provided by special agents of the US' Internal Revenue Service.

This will be followed by the DCI teams one-on-one with officials of the Federal Bureau of Investigation, the International Law Enforcement Academies, ILEA and some other federal intelligence agencies for exchange of information and future co-operation.

Exchange of information could lead to bringing to book Indians, who have stashed unaccounted money in tax havens abroad and made huge investments in the US and some European countries.

They will also learn street survival tactics that will come in handy to hone skills of officers back home while developing airborne and marine units as part of DCI's efforts to tackle white-collar mafia.

ILEAs are police academies under the US Department of State that have tie-ups with member countries.Media agencies

No comments:

Post a Comment

Competitiveness, climate, security Finn’s priorities Ministry of Finance release Finnish road map of EU presidency. Finland i...