/Tag: Netherlands

India to retain second spot among world’s smartphone users

2018-08-20T10:35:12+00:00November 29th, 2017|2018/2017, India Investment Journal November Edition, The Big Story, Year|

The country will hit 530 million smartphone users by 2018, behind China’s 1.3 billion but ahead of the US figure of 229 million, a latest analysis finds. In 2018, 66 per cent of people across 52 countries will own a smartphone, up from 63 per cent in 2017 and 58 per cent in 2016, according to Zenith’s ‘Mobile Advertising Forecasts 2017’ report, published recently. The US-based analysis firm found that the top three countries in terms of smartphone usage will remain [...]

New territories, new gateways

2018-08-01T12:48:13+00:00October 27th, 2017|2017/2018, EMERGING MARKETS, October 2017, Year|

The Netherlands, Singapore and Mauritius have emerged as leading destinations for outbound Indian FDI. The attractions are benign tax laws, ease of doing business, easy access to international markets and robust regulatory frameworks. The two top destinations for outward foreign direct investments (FDI) from India are Mauritius and Singapore. Three more tax havens – Jersey, Switzerland and British Virgin Islands – also figure in the list of Top 10 outward destinations. These jurisdictions are obviously bases from which the investments [...]

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, [...]