India and Slovenia sign Protocol amending India-Slovenia Double Taxation Avoidance Convention

May 21, 2016 09:10 IST

India and Central European country Slovenia on 17 May 2016 signed a protocol to amend an existing double taxation avoidance treaty in Ljubljana. This new agreement will curb tax avoidance and tax evasion.

The protocol was signed by Indian ambassador to Slovenia Sarvajit Chakravarti, and Slovenian Finance Minister Dusan Mramor on behalf of Slovenia.

About India and Slovenia Protocol
• This agreement will widen the scope of the existing framework of exchange of tax related information.
• The framework is likely to help curb tax evasion and tax avoidance between the two countries.
• It will also enable mutual assistance in collection of taxes.

India - Slovenia Relations

• Slovenia, formerly a part of erstwhile Yugoslavia, attained Independence in 1991. India recognized Slovenia on 11 May 1992.
• Soon after recognition, the then Foreign Minister of Slovenia Dimitrij Rupel visited India on 18 May 1992.
• Slovenia sought Indian support for membership at the United Nations and for guest membership of the Non-Aligned Movement. Slovenia was admitted into the UN on 23 May 1992.
• Slovenia opened its resident mission in New Delhi on 1 August 2002. While, India opened its resident Mission in Ljubljana in February 2007.

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