Page-2 of Double taxation
India, Indonesia ink DTAA
In order to prevent double taxation and fiscal evasion, India and Indonesia signed double taxation avoidance agreement (DTAA). The relationship b/w both countries is excellent and has strong historical and cultural ties. Both countries hope to achieve the trade target ..
Month: Current Affairs - July, 2012
Lee Hsien Loong, the Singapore PM finds Indian Business environment complicated
Singapore PM Lee Hsien Loong on his visit to India asserted that Business environment in India is complicated. From the term “Complicated” he was referring to red-tapism. Although he didn’t point to the proposed GAAR or retrospective Income Tax Act ..
Month: Current Affairs - July, 2012
DTAC modifications between India & the Netherlands
DTAC: Double Taxation Avoidance Convention Both India and the Netherlands have concluded a Protocol to amend the Article 26 of the DTAC concerning exchange of information to bring it in line with international standards. What does this article 26 of ..
Month: Current Affairs - May, 2012
India, Malaysia ink DTAA to boost trade
India and Malaysia inked a DTAA (Double Taxation Avoidance Agreement) to encourage bilateral trade and alleviating exchange of tax information. The objective of the agreement is to evade incidence of double taxation on income by determining the taxing rights b/w ..
Month: Current Affairs - May, 2012
Multilateral Convention relating to Tax Matters inked by India
· Indian finalized a Multilateral Convention on Mutual Administrative Assistance in Tax Matters. This device as yet was available only for the members of Council of Europe and OECD , but was amended in 2010 and thrown open to all ..
Month: Current Affairs - January, 2012
Current Affairs: January 2, 2012
Government to allow QFIs to invest in India The Government has started the New Year with an important policy change by deciding to allow the Qualified Foreign Investors to invest in Indian equity markets. The Qualified Foreign Investor is an ..