Agreement on Taxation signed between India and Iran

India and Iran signed in New Delhi on 17 February,2018 an Agreement for the Avoidance of Double Taxation (DTAA) and the Prevention of Fiscal Evasion with respect to taxes on income. The Agreement will stimulate flow of investment, technology and personnel from India to Iran& vice versa, and will prevent double taxation. The Agreement will provide for the exchange of information between the two Contracting Parties as per latest International Standards. It was signed by Smt. Sushma Swaraj, External Affairs Minister (India) and Dr.Masoud Karbasian, Minister of Economic Affairs and Finance (Iran).

Apart from it, MoU on Exemption from Visa requirement for holders of Diplomatic Passports; MoU on the establishment of an Expert Group on Trade Remedy Measures to promote cooperation in areas of mutual interest etc. were also signed.

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Saumya Snehal

Saumya Snehal is a 3rd year BBA LLB student at Chanakya National Law University. Always a bibliophile, she loves to read, research and write on anything and everything legal. She has a insatiable appetite for knowledge and explores the same through indulging in various internships so that to constantly grow and become a better version of herself. She especially has an interest in corporate law and social legislations.

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