Page-5 of International taxation Current Affairs, GK & News
India Bahrain ink accord to prevent tax evasion
India inked an agreement with Bahrain to tackle issues related to tax evasion and avoidance. The Agreement for Exchange of Information with respect to taxes usurps worth viewing Indian government’s attempts to chase black money.
Month: Current Affairs - June, 2012
Topics: Economy • International taxation • Offshore finance • Tax • Tax avoidance • Taxation in the United States
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 DTAC relates to? Article 26 (Exchange of Information) of the DTAC deals with sharing of ..
Month: Current Affairs - May, 2012
Topics: Double taxation • Dtaa • DTAC • Economy • Exchange of information • International taxation • Mauritius route • Tax • Tax avoidance • Tax treaty • World economy
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 countries.
Month: Current Affairs - May, 2012
Topics: Double taxation • Dtaa • Economy • Foreign direct investment • International taxation • Mauritius route • Tax • Tax avoidance • Taxation in the United States • World economy
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 countries from last June. The Meeting was amended to answer this year’s G20 call for ..
Month: Current Affairs - January, 2012
Topics: Common Reporting Standard • Convention on Mutual Administrative Assistance in Tax Matters • Double taxation • International taxation • Law by country • Politics by country • Tax • Tax haven • Tax treaty • Value-added tax
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 individual or group or association resident in a foreign country that is compliant with Financial ..
Month: Current Affairs - January, 2012
Topics: Commissioner • Countries • Double taxation • Foreign direct investment • International Organizations • International taxation • Pakistan • Taxation in the United States • World