India and Nepal on Sunday signed a revised Double Taxation Avoidance Agreement (DTAA), which will facilitate exchange of information on banking between the two countries and help prevent tax evasion.
The revised tax treaty was signed by India’s Finance Minister Pranab Mukherjee and his Nepalese counterpart Barshaman Pun. It will replace an earlier agreement signed between the two countries in 1987.
From: http://ping.fm/oNTwL
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