Union Government approves DTAA agreement with Maldives

Q.  Union Cabinet has given approval for DTAA agreement from international air transport with which neighbouring country?
- Published on 26 Feb 16

a. Pakistan
b. Afghanistan
c. Maldives
d. Mauritius

ANSWER: Maldives
Union Cabinet chaired by PM Narendra Modi has approved the forging of an agreement between India and Maldives for avoiding DTAA from international air transport. Agreement provides relief from double taxation for airline enterprises of India and Maldives through exemption of income from the enterprise of India resulting from operation of aircraft in international traffic from tax form Maldives and vice versa. Agreement also provided for Mutual Agreement Prcoedure for resolving difficulties in interpretation or agreement application.

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