After Mauritius, Cyprus set to ink new tax treaty with India4 min read . Updated: 01 Jul 2016, 09:31 PM IST
India will get the right to tax capital gains from sale of shares on investments made by Cyprus-based companies after 1 April 2017
New Delhi: India and Cyprus are poised to sign a new tax treaty which, like in the case of a similar pact with Mauritius, will shut the doors on investors using loopholes in the bilateral agreement to avoid paying taxes in India.
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