TaxTMI 
TaxTMI 
Protocol amending the Agreement between India and Vietnam for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income
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....rotocol amending the Agreement between India and Vietnam for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income <br>News and Press Release<br>Dated:-....
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.... 7-10-2015<br><BR>The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the Protocol amending the Agreement between India and Vietnam for the avoidance of double taxation an....
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....d for prevention of fiscal evasion with respect to taxes on income. The Protocol provides for internationally accepted standards for effective exchange of information on tax matters including bank in....
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....formation and information without domestic tax interest. It is further provided that the information received from Vietnam in respect of a resident of India can be shared with other law enforcement ag....
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....encies with authorisation of the Competent Authority of Vietnam and vice versa. Background: The existing Double Taxation Avoidance Agreement (DTAA) between Indian and Vietnam was signed in 1994. Bot....
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....h the Indian and Vietnamese sides agreed to update Article 27 on the 'Exchange of Information' in India-Vietnam DTAA, to meet internationally accepted standards, and add a new Article on 'Assistance i....
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....n the Collection of taxes', and enter into an Amending Protocol for the purpose<BR> News - Press release - PIB....