Cabinet nod to changes in DTAA with Kyrgyzstan

The Cabinet also approved signing a Joint Interpretative Declaration between India and Colombia

By: Express News Service | New Delhi | Published: November 11, 2017 2:58 am

The Union Cabinet on Friday approved amending the agreement between India and Kyrgyzstan for insertion of new clauses into the existing Double Taxation Avoidance Agreement (DTAA) on exchange of information. “The Protocol further empowers India to use information received under the DTAA to be used for other law enforcement purposes on the supplying state authorising such use,” said an official release.

The Cabinet also approved signing a Joint Interpretative Declaration between India and Colombia on the existing Agreement for the Promotion and Protection of Investments between the two countries signed in November 2009. The declaration will impart clarity to the interpretation of the existing agreement, said a release.

Officials said the cabinet also gave its approval to utilise part of stick pulses in central buffer for meeting the protein component under various central government schemes that provide nutrition to various target groups. It also noted that the cost of pulses supplied to States, in no case, be higher than the market price.

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