Hong Kong policy and UN model of double tax avoidance agreements.

it has entered into DTAA with 60 countries Some are U S A .,U.K .,Japan, France, Germany etc. The taxes rates are determined by these agreements These treaties are based on the general principles laid down in the model draft of the organization for economic co-operation development(OECD)

Dividends are taxed at 20% income rate at 15% Income of foreign co.., as to taxable in the lost end of the month 20% After the period they will charge 10% more at the flat rate. in case of non-resident income is taxed the normal rate prescribed in finance act of Indian government.

India is not have safe harbour regime at present to provide tax relief. India proposes to introduce safe harbour rules on transfer pricing and the proposal is at an advanced stage of consideration. Under the income tax act1961 A resident can seek determination of tax liability of non-resident.

Yes as per CBDT Circular: No.728,dated 30-10-1995 in the case of remittance to a country with India as a double taxation agreement in force, The rate to be deducted is at the rate provide in the finance act of relevant year or at tbhe rate provided in DTAA , Whichever is more beneficial to the assessee

Acc to Indian income tax act, 1961. It introduces for the first time GAAR (General Anti-Avoidance Rules). The certain code as provides tax authority the same can be disregarded or re-charchterised By the commissioner of the Income- tax(CIT) The Direct tax code proposes to introduce (GAAR ) in its amplitude and discretionary powers have been vested with commissioner to apply

Yes exemption from capital gains taxes are available when the gains from sale of capital assets are reinvested in some other capital assets in terms of section 54b to 54 GA Income Tax act,1961.