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India joins the Multilateral Competent Authority Agreement on Automatic Exchange of Information

Source: PIB, Government of India India joined the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information on June 3, 2015, in Paris, France, along with Australia, Canada, Costa Rica, Indonesia and New Zealand. On India’s behalf, the Declaration to comply with the provisions of the MCAA was signed by Mohan Kumar, Ambassador of the Republic of India to France, in a signing ceremony held in Paris. Earlier, fifty-one countries/jurisdictions had joined the MCAA on October 29, 2014 in Berlin and Switzerland became the fifty-second country to join the MCAA on November 19, 2014. Ghana and Seychelles joined the MCAA on May 14, 2015. With six countries joining the MCAA on June 3, 2015, the total number of countries/jurisdictions ...