Thursday, July 3, 2025

India–Oman DTAA Gets a Major Upgrade!

 A new Protocol to the tax treaty between India and Oman came into force on May 20, 2025, bringing the agreement into line with BEPS standards, the UN Model Convention, and modern anti-abuse principles.


Here’s a clear, clause-by-clause snapshot of what’s changed and why it matters.

From reduced withholding tax to the Principal Purpose Test (PPT), this update is one of the most comprehensive treaty modernisations in India’s recent bilateral history.

Have clients in Oman or outbound IP/service flows? This update changes the game: drop your thoughts below.

(Refer to notification 69 of 2025)



No comments:

Deferred Customs Duty for Manufacturers: EMI Scheme Takes Effect from 1 April 2026

  In a significant move to ease working capital pressures for manufacturers, the Central Board of Indirect Taxes and Customs (CBIC), vide Ci...