Economic TimesLean R·
India tightens tax treaty with Sri Lanka
New Delhi: India has tightened the tax treaty framework with Sri Lanka by introducing an anti-abuse rule that allows authorities to deny treaty benefits where obtaining such benefits was one of the principal purposes of an arrangement or transaction.The Ministry of Finance notified the Protocol amending the India-Sri Lanka tax treaty on Friday, after the amendment entered into force on June 19, 2026, following completion of legal procedures by both countries.The amended India-Sri Lanka Double T…
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