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Cabinet clears MoU with Iran for avoidance of double taxation

IANS  |  New Delhi 

The Union Cabinet, chaired by Modi, on Wednesday approved an agreement for avoidance of and prevention of fiscal evasion with respect to taxes on income between and

"The agreement will stimulate flow of investment, technology and personnel from to and vice versa, and will prevent The agreement will provide for exchange of information between the two countries and improve transparency in tax matters and will help curb tax evasion and tax avoidance," an official statement said.

The agreement is on similar lines as entered into by with other countries.



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

First Published: Wed, March 14 2018. 22:00 IST