India and Singapore signed a third protocol on 30 December 2016 in New Delhi to amend their Double Taxation Avoidance Agreement (DTAA). MSI’s Indian accounting member Chokshi Group explains further.
The third protocol was signed by H.E. Mr. Lim Thuan Kuan, Singapore’s High Commissioner to India and Shri Sushil Chandra, Chairman of the Central Board of Direct Taxes in India.
This article outlines the key highlights with regards to the capital gain taxation of shares.
