India And Iran Signed Agreement For The Avoidance Of Double Taxation

Posted on:18 Feb 2018 09:00:02
India And Iran Signed Agreement For The Avoidance Of Double Taxation
18 February 2018 Current Affairs: India and Iran signed an Agreement for the Avoidance of Double Taxation (DTAA) and the Prevention of Fiscal Evasion with respect to taxes on income.

The Agreement is on similar lines as entered into by India with other countries.

The Agreement will stimulate the flow of investment, technology and personnel from India to Iran & vice versa, and will prevent double taxation.

It will improve transparency in tax matters and will help curb tax evasion and tax avoidance.

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