https://www.taxtmi.com/news?id=2588 The Protocol updates the India-Australia DTAA by revising the Exchange of Information to international standards including bank information and exchange without domestic tax interest, allows information to be shared with other law enforcement agencies with competent authority authorisation, provides mutual assistance in collection of revenue claims enabling recovery of assets or moneys under prescribed procedures, introduces a non discrimination clause for nationals, and rationalises thresholds for service, exploration and equipment permanent establishments to encourage cross border movement of capital and services. en-us Fri, 16 Dec 2011 14:56:19 +0530 Fri, 16 Dec 2011 14:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2588 The Protocol updates the India-Australia DTAA by revising the Exchange of Information to international standards including bank information and exchange without domestic tax interest, allows information to be shared with other law enforcement agencies with competent authority authorisation, provides mutual assistance in collection of revenue claims enabling recovery of assets or moneys under prescribed procedures, introduces a non discrimination clause for nationals, and rationalises thresholds for service, exploration and equipment permanent establishments to encourage cross border movement of capital and services. News - Fri, 16 Dec 2011 14:56:19 +0530 https://www.taxtmi.com/news?id=2588