India and Liechtenstein sign Tax Information Exchange Agreement

India and Liechtenstein signed Tax Information Exchange Agreement(TIEA) at Bern, Switzerland recently.

Ambassador from IndiaРMs. Chitra Narayanan 

Ambassador from LiechtensteinРMadam Doris Frick

What are the Salient Features of the Agreement signed between India and Liechtenstein ?

1) This agreement is based on International standard of information sharing and transparency

2) There is specific provision for providing banking information.

3) It allows the representatives of both the countries to enter their party country for examining their records and also to interview individuals.

4) This agreement has special provisions for protecting the confidentiality of the concerned information as prescribed under agreement.

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