Committee Details
Home >> Committee Details

Committee to study Fiscal regimes and other statutory requirements of buisness in SAARC countries

Welcome to the web page of Committee to study Fiscal regimes and other statutory requirements of buisness in SAARC countries Chairman



Mr. Madhu Bir Pande


Short-term Plans
  • Identify the number of significant fiscal, exchange laws and custom tariff in each countryand disseminate information for the benefit of members.
  • Identify special legislations enacted in member countries e.g. transfer pricing, group taxation, thin capitalization etc. for information purposes.
  • Conduct a preliminary study of the fiscal laws and identify the ones which may beharmonized with ease e.g. VAT and Excise duties etc.
Medium-term Plans
  • Set the goals for harmonization of fiscal laws in SAARC region in the light of experienceof European Union, African and Arab countries in this area.
  • Identify areas for harmonization of direct taxation laws e.g. Mergers, Transfer Pricing, transfer of assets and exchange of shares, payments for interest, royalty and fee for technical services, Parent-Subsidiary and Head-Office- Branch relationships, Double taxation treaties etc.
Long-term Plans
  • Recommend the steps for harmonization of specific fiscal and exchange laws in the light of aforesaid deliberations.
  • Ultimately assist the governments in formulating multilateral tax treaties amongst the SAARC countries