You are here: Home » Economy & Policy » News
Business Standard

What can India gain from the trade pact with Australia?

The Australian Parliament gave its assent to a free trade agreement with India, and amended the Double Taxation Avoidance Agreement. Let's understand how it will benefit India's foreign trade

Topics
India Australia | Free trade pact | double taxation

Bhaswar Kumar  |  New Delhi 



India and the EU agreed to resume negotiations for a balanced and comprehensive free trade and investment agreements in May last year
India and the EU agreed to resume negotiations for a balanced and comprehensive free trade and investment agreements in May last year

ALSO READ

Growth through trade

What is a free trade agreement?

Intel to scale up collision avoidance systems for road safety in India

Overseas firms see compliance burden increasing to get tax treaty benefits

How reliable is India's China trade data?

  • The Australian Parliament on Tuesday gave its assent to a free trade agreement with India, and simultaneously amended the Avoidance Agreement. The pact will double trade between the two nations. While the amendments to the treaty will help Indian IT firms save millions of dollars every year. This podcast explains what India’s first free trade deal with a major Western economy means and how it will benefit the country’s foreign trade?


    Subscribe to Business Standard Premium

    Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

    Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

    Download the Business Standard App for latest Business News and Market News .

    First Published: Thu, November 24 2022. 13:22 IST
    RECOMMENDED FOR YOU

    .