India-Cyprus DTAA

On Tuesday, a senior US military official said the Iranians are operating in the Red Sea when asked whether Iran is helping the Houthis select targets

Cyprus is one of the major sources of foreign direct investment in India with a cumulative investment of about $8.5 bn

If the treaty is annulled with retrospective effect, those who'd paid higher taxes can claim refunds

India will gain the right to tax capital gains on investments routed through Cyprus from April 1, 2017

For source-based taxation of capital gains on transfer of shares instead of one based on residence