CURRENT AFFAIRS

Detailed explanation-1: -Tax Inspectors Without Borders (TIWB) is a joint initiative of the OECD and UNDP designed to support developing countries to build tax audit capacity. TIWB facilitates well-targeted, specialised tax audit assistance in developing countries around the world.

Detailed explanation-2: -The Tax Inspectors Without Borders (TIWB) has launched its programme in Seychelles. India has been chosen as the Partner Administration for this programme. The country will be providing its Tax Expert in support of the initiative.

Detailed explanation-3: -Tax Inspectors Without Borders (TIWB) initiative was launched in 2015. Its main aim is to strengthen developing countries’ auditing capacity. It is a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD).

Detailed explanation-4: -TIWB is a joint initiative of United Nations Development Programme (UNDP) and Organisation for Economic Cooperation and Development (OECD). TIWB seeks to provide support to the developing countries to help them strengthen national tax administrations by building audit capacity.