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Double Taxation Avoidance Agreement

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Won't allow Lankan soil to be used against India: Prez Disanayaka

Sri Lankan President Anura Kumara Disanayaka on Monday categorically conveyed to Prime Minister Narendra Modi that the island nation will not allow its territory to be used against India's security......

Cabinet nod for war memorial near India Gate

The national war memorial, museum to be constructed in five years. Photograph: Adnan Abidi/Reuters The government set the ball rolling for a Rs 500-crore national war memorial and war museum near......

Govt may reveal to SC names of 3 black money account holders

The government may on Monday file an additional affidavit in the Supreme Court over the black money issue, stating clarification on its earlier stand of not revealing the names of those account......

Why Indian Diaspora meet in Mauritius matters

The sixth edition of the regional Pravasi Bharatiya Divas will be held in Mauritius on October 27-28, 2012.In a statement, Overseas Indian Affairs Minister Vayalar Ravi stated that the focus areas......

Double taxation relief for Indian IT cos in Australia

In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Stock markets took a beating on Monday with benchmark Sensex and Nifty tumbling over 1 per cent as escalating conflict in the Middle East and weak trends from global markets unnerved investors.......

Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

Revised paper clears air on double taxation

Foreign institutional investorscould not be happier as the revised discussion paper on direct taxes codeclarified that the domestic code would not override the double taxation avoidance agreements.......

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