Memorandum of Understanding (MoU) Current Affairs - 2020

Cabinet approves MoU between ICAI and CPA.

The Union Cabinet has approved the Memorandum of Understanding (MoU) between the Institute of Chartered Accounts of India (ICAI) and the Certified Practising Accountants, Papua New Guinea (CPA PNG). They would be working together in capacity building and to strengthen the Accounting, Financial and Audit Knowledge base in Papua New Guinea. Memorandum of Understanding (MoU) The Read More…

Union Cabinet approves India-Finland Cooperation in the field of Geology and Mineral Resources

On September 2, 2020, the Union Cabinet approved Memorandum of Understanding between India and Finland for the cooperation in the field of geology and mineral resources. The agreement was signed between Geological Survey of India, Ministry of Mines and Geological Survey of Finland and Ministry of Employment and Economy, Finland. Highlights The MoU will facilitate Read More…

CBDT and CBIC sign MoU on Data Sharing

On July 21, 2020, the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC) signed Memorandum of Understanding to exchange data with each other. Highlights The agreement will help to facilitate exchange of information between the boards on regular basis. The agreement signed replaces the former agreement signed between Read More…

MoMSME and CBDT sign MoU

The Central Board of Direct Taxes (CBDT) and Ministry of Micro, Small and Medium Enterprises (MoMSME) signed Memorandum of Understanding (MoU) to share data. Highlights The Memorandum of Understanding will facilitate sharing of Income Tax Return related information by the Income Tax Department of MoMSME. Nodal officers will be appointed to facilitate the process of Read More…

ADB renewed MoU with IEA for Energy Sector Sustainability and Resilience

Manila based Asian Development Bank (ADB) has renewed its 3-year Memorandum of Understanding (MoU) signed in 2017 with the Paris based International Energy Agency (IEA). The renewed MoU was signed on 9th July 2020 for a period of 3 years. 2017 MoU The regional development bank-ADB signed the MoU with International Organization-IEA back in March Read More…