Friday, 24 March, 2023

India applaud initiative to resolve issue of double taxation with Aus

<p>Top IT services businesses have benefited from the resolution of India&#39;s vexing double taxation issue with Australia as part of a bigger trade pact. These IT services include TCS, Infosys, Tech Mahindra, and Wipro. India and Australia inked an Economic Cooperation and Trade Agreement (ECTA), with the goal of nearly doubling bilateral trade to $45-$50B in the next five years, up from around $27B now. It also makes it easier for the two countries to engage and share talent.</p>