While demonetisation and Budget may be the talk of the town these days, but there is a silent revolution taking place, whereby Indian revenue is significantly adding strength to its armoury through TIEAs and similar other measures, which would yield results in near future, with information from overseas tax jurisdictions being easily available, unlike in the past.

Vikas Vasal
Partner, Grant Thornton India LLP

This article apeared in Business Standard on 15th January, 2017.