Thursday, February 8, 2018

Revised India-China treaty to incorporate minimum standards & other changes under BEPS

Cabinet approves signing and ratification of protocol amending India-China DTAA; Protocol will incorporate changes required to implement treaty related minimum standards under the BEPS project; Besides minimum standards, the Protocol will also bring in changes as per BEPS Action reports as agreed upon by two sides; Further, Protocol updates the existing provisions for exchange of information to the latest international standards 

No comments:

Delhi HC holds 10% pre-deposit requirement for penalty-only appeals inapplicable where SCN was issued before amendment

  This Tax Alert summarizes a recent ruling of the Delhi High Court (HC) [1] on whether the newly introduced pre-deposit requirement for fi...