<span style="color: #222222;">The Chairman of the  Central Board of Direct Taxes (CBDT), P C Mody today inaugurated the Web Portal for Exchange of Information on Income Tax Website in New Delhi today.<br />'' <br />'' The Web Portal consolidates all the relevant Automatic Exchange of Information related information at one place for financial institutions, officers and public. Finance Ministry in a statement said that the portal would not only be useful for the domestic financial institutions but will also help the foreign tax authorities and financial institutions to get information about the Indian laws, rules and procedures.<br />''<br />''It said, India is committed to exchange financial account information automatically from 2017 under the Common Reporting Standard on Automatic Exchange of Information (AEOI). </span><br />