India, Slovenia sign DTAA protocol

Q.  Which country has signed a protocol for prevention of fiscal evasion and DTAA with India on May 19th?
- Published on 20 May 16

a. Bosnia
b. Slovenia
c. Russia
d. Australia

ANSWER: Slovenia
 
India and Slovenia have signed a Protocol amending the existing Convention and Protocol between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income on 17th May, 2016 in Ljubljana.
  • The Protocol will broaden the scope of the existing framework of exchange of tax related information which will help curb tax evasion and tax avoidance between the two countries.
  • It will also enable mutual assistance in collection of taxes.

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