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Amendments to tax treaty with Kazakhstan notified

IANS  |  New Delhi 

on Friday said it had notified the protocol amending the Avoidance Convention (DTAC) with which provides internationally accepted standards for effective exchange of information on matters.

The between the two countries was signed in 1996 for the avoidance of and prevention of fiscal evasion.

In January last year, the two countries signed an to the same which entered into force on March 12 this year and was notified in the official gazette on April 12, an official statement said.

"The protocol provides internationally accepted standards for effective exchange of information on matters. Further, the information received from for purposes can be shared with other law enforcement agencies with the authorisation of the competent authority of and vice versa," it said.

The amendments also aim to prevent misuse of the agreement and align it with international standards.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 20:32 IST
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