• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , Jan. 19

THE Union Cabinet on Thursday gave its nod for signing a convention with Saudi Arabia for avoidance of double taxation and prevention of tax evasion with respect to taxes on income.

Briefing newspersons after the Cabinet meeting, the Parliamentary Affairs Minister, Mr Priyaranjan Dasmunshi, said that the Convention, after it enters into force, would stimulate the flow of investment, technology and services from India to Saudi Arabia and vice-versa.

He said that this convention would also provide tax stability to the residents of India and Saudi Arabia and facilitate mutual economic cooperation.

The Union Cabinet also gave its approval for signing of the Agreement and the Protocol between India and Croatia for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.

More Stories on : Taxation | Policy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rains may have ended, but there can be surprises

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line