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: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: articles on VAT and GST in India :: form 3cd :: TDS :: empanelment :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARDS :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
News Headlines »
 Directions under section 119 of the Income-tax Act, 1961
 Securities excluded from GST ambit in revised Bill
 GST dilemma: Hope fades for new tax regime
 5nance.com launches tax investment platform
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful

Singapore to open doors to 5 professions
July, 28th 2006

Come 2007, the Lion City will be hunting ground for five categories of Indian professionals. Singapore will soon allow Indian architects, chartered accountants, nurses, dentists and health service providers to practice in the city-state without appearing for qualification tests.

The two countries are giving finishing touches to mutual recognition agreement (MRA) for the five mentioned categories of professionals. The exercise is likely to be completed in 3-4 months.

Singapore had committed to provide opportunities for Indian service providers to practice there in the Comprehensive Economic Cooperation Agreement (CECA) signed last year.

The commerce ministry officials said all formalities will be completed by year-end and the identified professionals will be allowed to set up shop in Singapore by the beginning of next year.

Other service providers mentioned in CECA need not despair.

It is not possible to work on MRAs for large number of professions at the same time. After we complete all formalities for the five identified categories, we will move on to other services identified in CECA, an official said.

Other services include IT, engineering, financial services, university teaching and advertising.
 
As per CECA, there will be mutual recognition of 129 education degrees given by recognised universities and technical education boards.

CECA with Singapore is the first comprehensive bilateral economic agreement signed by India incorporating goods, services and investment. It includes free trade agreement in goods, an agreement on investments, mutual recognition agreements in services and conformity assessment of standards in goods.

Cooperation pacts in customs, science & technology, media, education, e-commerce and intellectual property are also part of CECA. The pact includes a Bilateral Investment Protection Agreement (BIPA), a Double Taxation Avoidance Agreement (DTAA) with additional safeguards to avoid misuse by shell companies and a Bilateral Economic Integration Agreement in Services.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

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