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India and Netherlands sign Protocol Amending DTAC.

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..... India and Netherlands sign Protocol Amending DTAC.
News and Press Release
Dated:- 25-5-2012

Press Information Bureau Government of India Ministry of Finance 25-May-2012 16:17 IST Ind .....

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..... ia and Netherlands sign Protocol Amending DTAC The Convention between the Kingdom of Netherlands and the Republic of India for the avoidance of double taxation and for the prevention of fiscal evasio .....

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..... n with respect to taxes on income and on capital was signed on 30th July, 1988 (DTAC). Both India and Netherlands have concluded a Protocol to amend the Article 26 of the DTAC concerning Exchange of I .....

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..... nformation to bring it in line with the international standards. On 10th May, 2012, India and Netherlands have signed the Protocol at The Hague, Netherlands. The protocol was signed by Ms. Bhaswati M .....

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..... ukherjee, Ambassador of India to The Netherlands and Mr. F.H.H.Weekers, state Secretary of Finance, Netherlands. The Protocol will replace the Article concerning Exchange of Information in the existin .....

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..... g DTAC between India and Netherlands and will allow exchange of banking information as well as information without domestic interest. It will, now, allow use of information for non-tax purpose if allo .....

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..... wed under the domestic laws of both the countries, after the approval of the supplying state. DSM/SS/GN
News - Press release - PIB .....

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