/Tag: DTAA

India, Cyprus overhaul their tax agreement

2018-12-04T13:38:29+00:00September 15th, 2016|2016, India Investment Journal September Edition, Wealth, Year|

‘India Investment Journal’ reviews the new double taxation treaty between India and Cyprus and how it would impact tax avoiders. The Indian Cabinet recently approved a revised Double Tax Avoidance Agreement (DTAA) with Cyprus, marking the culmination of its tax talks with the country as part of a wider drive to plug loopholes used by investors to avoid paying taxes in India. Cyprus is a major source of foreign fund flows into the country. From April 2000 until March 2016, [...]