Cabinet approves agreement to avoid double taxation with Senegal

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New Delhi, Dec 13 (UNI) The Cabinet today approved the agreement with Senegal for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.

The agreement, when it comes into force, will stimulate the flow of investment, technology and services from India to Senegal and vice-versa.

It will provide tax stabilty to the residents of India and Senegal and facilitate mutual economic cooperation, Information and Broadcasting Minister Priya Ranjan Dasmunsi said after the Cabinet meeting.

UNI

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