Double Taxation Avoidance Current Affairs, GK & News

India-South Korea bilateral trade target

India and South Korea have set to achieve bilateral trade target of 50 billion USD by 2030. The target was set during the summit held in 2018. Recently, the foreign ministers of the respective countries met to discuss on terms to achieve the target. How will the target be achieved? The target is to be ..

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India and China sign protocol to Double Taxation Avoidance Agreement to prevent tax evasion

India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income by allowing exchange of information. Under Section 90 of Income-tax Act, 1961, India can enter into agreement with foreign country or specified territory for ..

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India, Iran ink 9 agreements

India and Iran have signed nine agreements, including one on connectivity related to strategic Chabahar port and on double taxation avoidance.  These agreements were signed after bilateral talks between Prime Minister Narendra Modi and Iranian President Hassan Rouhani. The bilateral talks focused to boost cooperation in key areas of security, trade and energy. This was ..

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