India-Cyprus Current Affairs - 2019

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India and Cyprus sign 2 MoUs

India and Cyprus have signed two agreements on combating money laundering and cooperation in the field of environment. These agreements were signed after wide-ranging talks between President Ram Nath Kovind and his Cypriot counterpart Nicos Anastasiades in Nicosia (capital of Cyprus).  President Kovind visited Cyprus on the first leg of his three-nation visit to Europe Read More…

Month:  Categories: International

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India Cyprus inks four agreements

India and Cyprus have signed four agreements following delegation-level talks between Prime Minister Narendra Modi and Cypriot President Nicos Anastasiades in New Delhi. The two sides discussed various bilateral and regional issues and agreed on the need on the part of all countries to act decisively against those countries that shelter and sustain violence factories in their Read More…

Month:  Categories: International

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India and Cyprus ink Revised DTAA

India and Cyprus have inked a revised Agreement for Avoidance of Double Taxation and Prevention of Fiscal evasion (DTAA) with respect to taxes on income, along with its Protocol. It will replace the existing DTAA that was signed by two countries in June 1994. The provisions of new DTAA will enter into force after completion of Read More…

Month:  Categories: Governance & Politics

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Union Cabinet approves revised India-Cyprus Double Tax Avoidance Agreement

The Union Cabinet approved a revised Double Tax Avoidance Agreement (DTAA) and the Prevention of Fiscal Evasion with respect to Taxes on Income between India and Cyprus. The revised DTAA provides for source-based taxation of capital gains on transfer of shares instead of one based on residence. Thus, it is considered as a major step Read More…

Month:  Categories: Governance & Politics

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