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Indian cabinet nod to signing of taxation convention with Armenia

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  • Indian cabinet nod to signing of taxation convention with Armenia

    Asia Pulse
    July 27, 2004 Tuesday

    INDIAN CABINET NOD TO SIGNING OF TAXATION CONVENTION WITH ARMENIA

    NEW DELHI, July 27

    The federal Cabinet Monday gave a formal approval for signing of a
    Double Taxation Avoidance Convention with Armenia.

    The approval will enable the government to ratify the Convention for
    Avoidance of Double Taxation and the Prevention of Fiscal Evasion
    with respect to taxes on income between India and Armenia.

    The Convention will stimulate the flow of cap, an official
    spokesperson told reporters.

    It will provide tax stability and reduce obstacles in mutual
    cooperation.
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