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With which country, the Indian government has signed its third protocol for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income? 
  • a)
    Pakistan
  • b)
    China
  • c)
    S.Africa
  • d)
    Australia
  • e)
    NewZealand
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
With which country, the Indian government has signed its third protoco...
Answer – 5. NewZealand
Explanation

Indian government has notified the third protocol with New Zealand for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. This protocol updates the existing protocol by incorporating new provisions about sharing of tax-related information as per the latest international standard. It entered into force in India on September 7, 2017, and has been notified in the official gazette on November 2, 2017.
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With which country, the Indian government has signed its third protocol for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income?a)Pakistanb)Chinac)S.Africad)Australiae)NewZealandCorrect answer is option 'E'. Can you explain this answer?
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