India-China Amends Double Taxation Avoidance Treaty

i. India and China have signed a protocol to amend the Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.
ii. According to a statement by the Ministry of Finance, besides other changes, the protocol has the existing provisions for exchange of information to the latest international standards.


China Currency: Renminbi, Capital: Beijing.