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  • Cabinet clears revised India-Cyprus tax treaty

    The government on Wednesday cleared the revised double taxation avoidance agreement (DTAA) with Cyprus which will allow India to tax capital gains from April 1, 2017, reports CNBC-TV18‘s Sapna Das. Under the terms of the revised India-Cyprus DTAA treaty, investments till March 2017 will be grandfathered.

  • Govt dragged to court over India-Cyprus DTAA benefits suspension

    The Supreme Court has agreed to hear the petition. It has also given a notice to the government to give clarity on its position to make such decisions with respect to the DTAA.

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