SME Times News Bureau | 11 Jan, 2019
The Cabinet on Thursday approved the signing of the terms of reference
(TOR) for providing tax assistance to Swaziland through the engagement
of a designated Indian expert under the Tax Inspectors Without Borders
(TIWB) programme between both countries.
A Finance Ministry release said that an Indian expert has been mutually selected by India and the African kingdom.
"The
Union Cabinet has approved the signing of the Terms of Reference (TOR)
governing the engagement of the designated Indian expert to provide tax
assistance to Swaziland (now known as Eswatini) under the Tax Inspectors
Without Borders programme between India and Eswatini," it said.
The
engagement of the Indian expert under the TIWB programme will give
impetus to India's support in capacity building in tax matters in
developing countries."
The TIWB programme, jointly launched by
the United Nations Development Programme (UNDP) and the Organisation for
Economic Cooperation and Development (OECD), is intended to support
developing countries to strengthen national tax administrations through
building audit capacity and to share this knowledge with other
countries.
