India signed an agreement to avoid double taxation and prevent fiscal

India signed an agreement to avoid double taxation and prevent fiscal evasion with respect to taxes on income on 27th July, 2012 with

Join Our Telegram Channel

Japan

Indonesia

Sweden

Bangladesh

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC CAPF – 2012

Download PDF Attempt Online

India signed an agreement for avoidance of double taxation and prevention of fiscal evasion with Sweden on July 27, 2012.

Double Taxation Avoidance Agreements (DTAAs) are signed between countries to prevent income earned in one country from being taxed in both that country and the country of residence. They also include provisions for information exchange to prevent tax evasion. The specific agreement mentioned in the question was indeed signed between India and Sweden on the stated date in New Delhi.

DTAAs are crucial for promoting international trade and investment by providing clarity and certainty on tax matters for businesses and individuals operating across borders. India has signed comprehensive DTAAs with numerous countries.

More similar MCQ questions for Exam preparation:-