double taxation avoidance agreements Current Affairs, GK & News
Union Cabinet has approved the signing of Double Taxation Avoidance Agreement (DTAA) and Protocol between Republic of India and Republic of Chile. This will help in elimination of double taxation as well as prevention of fiscal evasion and avoidance with respect to taxes on income. Major impact of DTAA Agreement and Protocol It will facilitate ..
Category: International Current Affairs
India has ratified Multilateral Convention to Implement Tax Treaty Related Measures (MLI) to prevent Base Erosion and Profit Shifting (BEPS). It will pave way for amendments to double taxation avoidance agreements (DTAA) with countries signatories to convention to plug revenue leakages. The provisions enshrined in framework will come into effect from fiscal year 2020-21 for ..
Month: Current Affairs - July, 2019
Category: Economy & Banking Current Affairs
Topics: Base Erosion and Profit Shifting • BEPS • BEPS project • Covered Tax Agreements • double taxation avoidance agreements • Dtaa • G20 • India-OECD • Multilateral Convention to Implement Tax Treaty Related Measures • OECD • Tax avoidance