India will take part in a special meeting of the Organisation for Economic Co-operation and Development, OECD in Paris today to firm up cooperation between countries in the wake of the 'Panama Papers' leak. <br/><br/>Finance Ministry officials said in New Delhi that India is looking forward to the meet as the country adheres to a number of OECD mandated norms aimed at strengthening overseas tax cooperation and exchange of information. They said India also follows fiscal guidelines endorsed by the OECD. <br/><br/>The government had set up a Multi-Agency Group to investigate the Indian names and entities holding offshore assets in the tax haven as reported in the leaks. The officials said that a preliminary report has been sought by this week from the Finance Ministry, which is expected to be forwarded to the Prime Minister's Office.
News On AIR | April 13, 2016 6:39 AM
Panama Papers: India to attend OECD meet in Paris