IndiaPosted at: Aug 24 2016 7:11PM

Cabinet approves agreement between India & Cyprus for avoidance of double taxation

New Delhi, Aug 24 (UNI) Taking another major step in the fight against tax evasion, "round tripping" and "base erosion/profit shifting", the Union Cabinet, chaired by Prime Minister Narendra Modi, today gave its approval for signing of an Agreement and the Protocol between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income, External Affairs Minister Sushma Swaraj said.
This step follows the recent amendment of the Double Taxation Avoidance Agreement with Mauritius. As in the case of Mauritius, the treaty with Cyprus had provided for residence-based taxation of capital gains.
With the revision of the treaty now approved by the Cabinet, capital gains will be taxed in India for entities resident in Cyprus, subject to double tax relief.

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Indian Navy's testing & evaluation hub for sonar system SPACE inaugurated in Idukki

17 Apr 2024 | 8:02 PM

New Delhi,Apr 17 (UNI) A state-of-the-art Submersible Platform for Acoustic Characterisation and Evaluation (SPACE), a key hub for testing sonar system for the Indian Navy was inaugurated at the Underwater Acoustic Research Facility, Kulamavu in Idukki, Kerala on Wednesday.

Cabinet approves agreement between India & Cyprus for avoidance of double taxation

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Indian Navy's testing & evaluation hub for sonar system SPACE inaugurated in Idukki

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AAP launches Ram Rajya website to highlight its achievements

CHENNAI, APR 18 (UNI):- Polling officers with Polling Materials and other necessary inputs required for General Elections – 2024 at Bharatiya Women's Art Collage Harbour Assembly Constituency in Chennai, Tamil Nadu on Thursday. UNI PHOTO-63U

CHENNAI, APR 18 (UNI):- Polling officers with Polling Materials and other necessary inputs required for General Elections – 2024 at Bharatiya Women's Art Collage Harbour Assembly Constituency in Chennai, Tamil Nadu on Thursday. UNI PHOTO-63U

CHENNAI, APR 18 (UNI):- Polling officers with Polling Materials and other necessary inputs required for General Elections – 2024 at Bharatiya Women's Art Collage Harbour Assembly Constituency in Chennai, Tamil Nadu on Thursday. UNI PHOTO-62U

CHENNAI, APR 18 (UNI):- Polling officers with Polling Materials and other necessary inputs required for General Elections – 2024 at Bharatiya Women's Art Collage Harbour Assembly Constituency in Chennai, Tamil Nadu on Thursday. UNI PHOTO- 61U

PUNE, APR 18 (UNI):- Nationalist Congress Party (NCP (SP)) candidate from Baramati parliamentary constituency Supriya Sule files her nomination before the returning office at the Council Hall, ahead of the Lok Sabha elections, in Pune on Thursday. UNI PHOTO-60U

PUNE, APR 18 (UNI):- Nationalist Congress Party (NCP (SP)) candidate from Baramati parliamentary constituency Supriya Sule files her nomination before the returning office at the Council Hall, ahead of the Lok Sabha elections, in Pune on Thursday. UNI PHOTO-59U

HYDERABAD, APR 18 (UNI) Union Minister of Tourism, Culture, and Telangana BJP State President G Kishan Reddy addressing to people for development Secunderabad Parliamentary Constituency last five years in Hyderabad on Thursday. UNI PHOTO-58U

CHHINDWARA, 18 (UNI):- Polling officials leave for their respective polling stations after collecting EVMs and other election material ahead of the first phase of voting for Lok Sabha elections, in Chhindwara Madhya Pradesh on Thoursday. UNI PHOTO-57U

CHHINDWARA, 18 (UNI):- Polling officials leave for their respective polling stations after collecting EVMs and other election material ahead of the first phase of voting for Lok Sabha elections, in Chhindwara Madhya Pradesh on Thoursday. UNI PHOTO-56U

HYDERABAD, APR 18 (UNI) Union Minister of Tourism, Culture, and Telangana BJP State President G Kishan Reddy addressing to people for development Secunderabad Parliamentary Constituency last five years in Hyderabad on Thursday. UNI PHOTO-55U

HYDERABAD, APR 18 (UNI) Union Minister of Tourism, Culture, and Telangana BJP State President G Kishan Reddy addressing to people for development Secunderabad Parliamentary Constituency last five years in Hyderabad on Thursday. UNI PHOTO-54U

LUCKNOW, APR 18 (UNI):- Polling officials carrying the Electronic Voting Machine (EVMs) and other necessary inputs required General Elections - 2024, in Uttar Pradesh on Thursday.UNI PHOTO-53U

LUCKNOW, APR 18 (UNI):-Polling officials carrying the Electronic Voting Machine (EVMs) and other necessary inputs required General Elections - 2024, in Uttar Pradesh on Thursday.UNI PHOTO-52U

LUCKNOW, APR 18 (UNI):-Polling officials carrying the Electronic Voting Machine (EVMs) and other necessary inputs required General Elections - 2024, in Uttar Pradesh on Thursday.UNI PHOTO-51U

NEW DELHI, APR 18 (UNI):- AAP leader Sanjay Singh at a press conference, in New Delhi on Thursday. UNI PHOTO-50U

NEW DELHI, APR 18 (UNI):- AAP leader Sanjay Singh at a press conference, in New Delhi on Thursday. UNI PHOTO-49U

JAIPUR, APR 18 (UNI):- Polling officials carrying the Electronic Voting Machine (EVMs) and other necessary inputs required General Elections - 2024, in Rajasthan on Thursday.UNI PHOTO-48U