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INTERNATIONAL TAX PACTS
India-UK FTA sparks partnership rush among boutique law firmsIndian law firms are actively seeking UK partnerships ahead of a free trade agreement, anticipating a surge in cross-border legal work. Thi...- India, US reaffirm push for trade deal, call talks ‘nearly done except commas’Recent trade negotiations in New Delhi marked a pivotal moment for India and the United States. A dedicated US delegation engaged with Indi...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
- Treaties should be driven by national interest, not pressure from foreign govts or corporations: Supreme CourtIndia's Supreme Court has ruled that tax treaties must prioritize national interest over foreign pressure, emphasizing the need to protect ...
- Pakistan's tax shortfall, delay in materialising foreign loans major concerns in implementation of USD 7 billion loan: IMFThe IMF has raised concerns over Pakistan's struggle to meet the terms of its USD 7 billion loan package. Key issues include a tax revenue ...
- India, China, 3 others sign pact on tax info sharingOther countries which have already signed the pact include Australia, France, Germany, Japan, Liechtenstein, Malaysia, Italy and the UK.
- Govt nod to India-Maldives double taxation pact on airlinesThe Union Cabinet gave its approval for signing of an agreement between India and Maldives that will provide relief from double taxation fo...
- Indian exporters need to diversify to increase trade flows: Vijay Thakur SinghIndian manufacturers and exporters should diversify more and become part of regional multi-lateral trade pacts to boost shipments of their ...
- India signs global pact on automatic exchange of information on financial accountsA statement from the Finnace Ministry said the pact would help government curb tax evasion and deal with the problem of black money.
- India in global pact for automatic exchange of financial informationIndia has joined the global pact on exchange of information on financial accounts, a move expected to give a big boost to its fight against...
- India considering signing Inter-Governmental Agreement with USUnder the pact, financial entities will be required to report information on US account holders to the US IRS (internal revenue service) th...
- Money laundering issue: Mauritius' tax info exchange pact with India readyThe pact would help the two countries exchange info on tax matters of the entities doing business in the two countries.
- India, Spain sign pact to amend double taxation avoidance pactIndia and Spain have signed a protocol for amending the over 19-year old double taxation avoidance pact, a move aimed at checking tax evasi...
- Cabinet approves five more pacts to bring back black moneyGovernment has been under attack from the Opposition which has been alleging that it was not doing enough to retrieve the black money.
- Swiss treaty on black money doesn’t cover past informationIndia will not be able to get its hands on inoperative Swiss accounts as the tax treaty worked out with the country will only cover active ...
- India likely to pitch for deeper tax information exchange at G-20 meetIndia will pitch for deeper tax information exchange agreements at the G-20 to make such pacts more effective in facilitating the flow of c...
- India wants tax pact with China to cover Hong KongThe Income-Tax department is seeking the assistance of the Chinese authorities in collecting tax from Hutch for the $11.1-billion Vodafone ...
- Foreign cos not taxable for carrying calls abroad: AARForeign telecom firms operating without a permanent establishment in India are no more required to pay any tax on income from carrying inte...
- Double tax pacts with GCC nations in worksIn a bid to boost trade and investment flows from the oil-rich Gulf, the government is planning to put in place comprehensive double taxati...
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