Agreement between India and Maldives for the exchange of information with respect to taxes

Agreement between India and Maldives for the exchange of information with respect to taxes

Ques: Recently with which of the following country Union cabinet signed agreement for the exchange of information with respect to taxes?

(a) Myanmar

(b) Maldives

(c) Sri Lanka

(d) Bhutan

Ans (b)

Related facts

  • In December 30, 2015 the Union Cabinet has approved the signing and ratification of an Agreement for the exchange of information between India and Maldives with respect to taxes.
  • It is notable that the Agreement will stimulate effective exchange of information between the two countries which will help curb tax evasion and tax avoidance.

Reference

http://pib.nic.in/newsite/PrintRelease.aspx?relid=134015