MFN

India's simple average Most Favoured Nation (MFN) tariff for inputs is 8.5 per cent, higher than China's 3.7 per cent, says the report

Invokes 'most-favoured nation' clause and applies lower 5% withholding tax on dividend income under India-Netherlands tax treaty

The decision to review the MFN, which was granted by India unilaterally in 1996, was taken in the wake of the Uri attack

India granted 'Most Favoured Nation' status to Pakistan unilaterally in 1996 but Islamabad is yet to reciprocate

Post Uri terror attack, India will now decide whether to withdraw the status to that country