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India, France amend DTAC; capital gains to be taxed on basis of residency of company

India, France amend DTAC; capital gains to be taxed on basis of residency of company

India and France signed Amending Protocol to update Double Taxation Avoidance Convention (DTAC). The amending protocol to India-France DTAC to boost investment and strengthen economic cooperation; aligns tax treaty with international standards.

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