New Delhi, Oct 5 (KNN) India is chosen as the Tax Expert and Partner Administration for Tax Inspectors Without Borders (TIWB) in Seychelles, a joint initiative of United Nations Development Programme (UNDP) and Organisation for Economic Cooperation and Development (OECD).

The programme was launched in Seychelles on 4th October, 2021. It is expected to be of 12 months duration during which India, in collaboration with the TIWB Secretariat and support of the UNDP Country Office in Mauritius and Seychelles, aims to aid Seychelles in strengthening its tax administration by transferring technical know-how and skills to its tax auditors through sharing of best audit practices.

The focus of the programme will be on Transfer Pricing cases of tourism and financial services sectors.

J.B. Mohapatra, Chairman of the Central Board of Direct Taxes (CBDT) attended the launch through videoconferencing along with Patrick Payet, Secretary of State, Ministry of Finance, Economic Planning & Trade of the Government of Seychelles; Veronique Herminie, Commissioner General of Seychelles Revenue Commission; Ben Dickinson, Head of Global Relations and Development Division of the Centre for Tax Policy and Administration at the OECD; Rusudan Kemularia, Head of the TIWB Secretariat; and other senior officers of Seychelles, UNDP, OECD, TIWB Secretariat and Foreign Tax & Tax Research Division of CBDT.

This programme is the sixth TIWB programme which India has supported by providing Tax Expert.