CBDT signs MoU with SEBI

Published on July 10, 2020
Current Context: Central Board of Direct Taxes (CBDT) has signed MoU with Securities and Exchange Board of India (SEBI) for the purpose of data exchange between two organisations.
CBDT signs MoU with SEBI
  • Upon signing the MoU, both organisations will now be able to transfer and share the information on an automatic and regular basis.
  • In order to carry out the regular exchange of data between two entities for the purpose of carrying out their functions under various laws, the data will be shared on request and suo moto basis.
  • To manage this initiative, Data Exchange Sharing Group has been formed.
  • The Data Exchange Sharing Group will monitor the data exchanging activities and will ensure effectiveness on data sharing mechanism.
  • Static Part: 
    • HQ of CBDT: New Delhi
    • Chairman of CBDT: Pramod Chandra Mody
    • HQ of SEBI: Mumbai
    • Chairman of SEBI: Ajay Tyagi


Q.1 With whom CBDT has signed MoU for the purpose of data exchange?
c. RBI

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