Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: TDS :: ACCOUNTING STANDARD :: form 3cd :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARDS :: empanelment :: due date for vat payment :: VAT RATES :: VAT Audit
News Headlines »
 CBDT issues second round of Certificates of Appreciation to tax payers for their contribution towards Nation building
 FinMin looks at cut in corporation tax
 Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961- reg.
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest

Luxembourg keen on DTAA with India
April, 24th 2007

India and Luxembourg are working to iron out different issues that would help them reach a Double Taxation Avoidance Agreement (DTAA).

"A Double Taxation Avoidance agreement is not in place between India and Luxembourg and hopefully during this visit, different elements of the pact will be sorted out with the Indian side," Luxembourg's Economy and Foreign Trade Minister Jeannot Krecke said at a seminar of the Federation of Indian Export Organisations here.

He said Luxembourg has a DTAA with about 70 nations and "we would want to have one with India as well".

Recognising the strength of the Indian economy, Krecke said Luxembourg was an open economy and would not resist any merger and acquisition bids by Indian firms.

Interestingly, Luxembourg had last year resisted India- born steel giant L N Mittal's move to takeover Arcelor, but changed its stance subsequently.

"Luxembourg is an open economy and now with the passing of the Takeover Bill, companies interested in acquiring Luxembourg-based firms would have a framework in place that would facilitate their takeover activities," Krecke said.

He said Mittal's takeover bid for steel major Arcelor did result in political tensions but the Luxembourg economy is open to mergers and acquisitions by global companies including from India.

The Minister said logistics companies from Luxembourg are keen to work with their Indian counterparts to offer supply chain services in the European markets.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Contact Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions