Page-16 of India-UK Current Affairs, GK & News

India, U.K. amend convention on DTAA

India and the U.K. inked a protocol amending the 1993 bilateral convention on avoidance of double taxation and prevention of fiscal evasion related to taxes on income and capital gains. Main features of this protocol: Streamlining the partnership and taxation of dividends provisions in both the countries. Provide tax stability to the residents of the ..