Addressing a press conference today, Finance Minister Arun Jaitley said that India has signed the Double Taxation Avoidance Agreement (DTAA) amendments with Singapore.17:45 hrs - Demonetisation data is yet to be tabulated but the situation has normalised to quite an extent, crowds at banks have reduced significantly: FM17:41 hrs -
FM: RBI adding high denomination notes every day. From tomorrow, all currency in recirculation will augment existing currency stock#DDay pic.twitter.com/4DSlSVzEPm— CNBC-TV18 (@CNBCTV18Live) December 30, 2016
17:39 hrs - After 2019, Switzerland will provide real-time information on investments made post 201817:37 hrs - From March 2017 to 2019, capital gains will be shared by India and Singapore and after 2019 the entire capital gains will come to India: FM17:35 hrs - Investments in India till March 31, 2017 will be grandfathered: FM17:34 hrs -
FM:DTAA with Singapore,Mauritius & Cyprus give full exemption on capital gains to investors as there's no cap gains in contracting countries pic.twitter.com/OzFHhhPU8p— CNBC-TV18 (@CNBCTV18Live) December 30, 2016
17:32 hrs - FM says amending DTAAs have buried route of black money into India17: 30 hrs - There was apprehension that old provisions were being used for round-tripping and revisiting DTAAs was important to tackle black money: FM17:29 hrs -
FM @arunjaitley: All 3 major DTAAs (Double Taxation Avoidance Agreement) amended this year (Singapore, Mauritius & Cyprus)#Tax #DTAA pic.twitter.com/Dfv7WURPXE— CNBC-TV18 (@CNBCTV18Live) December 30, 2016
17:28 hrs - 2016 has been a significant and historic year with respect to Double Taxation Avoidance Agreements: FM17:26 hrs - Singapore arrangement based on same terms as Mauritius: FM
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