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Top headlines: Sebi-CBDT pact facing roadblock; GST council meet today

From SC calling for clarification on loan moratorium to govt selling 15% stake in Hindustan Aeronautics, here are top headlines this morning

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The Income Tax department has to abide by the confidentiality clause which holds it back from sharing details obtained through tax treaties.

BS Web Team New Delhi
Sebi-CBDT info-sharing pact facing roadblock over confidentiality clause

The recent information-sharing agreement between the direct taxes board and market regulator Sebi is facing a roadblock. The reason, according to officials, is the confidentiality clause in the tax agreements with other nations. The Income Tax department has to abide by the confidentiality clause which holds it back from sharing details obtained through tax treaties, particularly about offshore entities. Read More

Don't hide behind RBI, clarify your stand on loan moratorium: SC to govt

Pulling up the Centre for “hiding behind the Reserve Bank of India” (RBI), the Supreme Court

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First Published: Aug 27 2020 | 7:00 AM IST

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