Overseas investment

India’s revised tax treaty with Singapore takes effect

India’s revised tax treaty with Singapore takes effect

India's revised tax treaty with Singapore, aimed at checking round-tripping of funds, has come into force. While most clauses of the amended treaty signed on December 30 took effect from February 27, the principal clause allowing levy of capital gains tax on investments routed through Singapore will come into force from April 1.

Feb 28, 2017, 17:51 PM IST
'Singapore most favoured destination to invest for Indian companies'

'Singapore most favoured destination to invest for Indian companies'

Indian firms' total direct overseas investment increased by 32 percent to USD 2.49 billion in December, with Singapore emerging as the top destination.

Jan 22, 2017, 12:35 PM IST